Invest-Gate reports that Dubai remains a shining example for real estate investors in the Middle East, boasting a dynamic market and promising projections for 2024.
Analysts are forecasting a 5% to 7% increase in residential property prices, indicating a favorable outlook for Dubai’s real estate sector in the coming year.
Salman bin Ali, a real estate expert, commented, “We anticipate a 5% to 7% growth in residential property prices within Dubai’s real estate industry by 2024.”
He further noted, “The city’s appeal is undeniable, attracting investors globally due to its status as a commercial and tourist destination. In particular, the luxury market is expected to lead the way with its outstanding offerings and innovative developments.”
