The UAE’s real estate sector continues to demonstrate resilience and growth, with Dubai and Abu Dhabi emerging as standout performers in 2024. Both cities have proven to be dynamic hubs for global investors, achieving remarkable milestones in transaction volumes and values.
The UAE’s real estate sector continues to demonstrate resilience and growth, with Dubai and Abu Dhabi emerging as standout performers in 2024. Both cities have proven to be dynamic hubs for global investors, achieving remarkable milestones in transaction volumes and values.
Key Highlights:
Dubai’s off-plan market emerged as a major driver of growth:
In the existing property market:
Key Highlights:
Residential properties dominated Abu Dhabi’s real estate activity:
In the off-plan segment:
Dubai’s off-plan market set new records in 2024:
Abu Dhabi followed suit with robust off-plan activity:
Continued Growth for Dubai
Mark Richards, CEO of The Network, predicts sustained growth in Dubai’s real estate market for 2025. With an expected annual influx of 50,000-60,000 new residents and limited supply in key segments such as villas and townhouses, demand is set to remain strong.
As 2024 sets new benchmarks for the UAE’s real estate sector, the momentum is expected to carry into 2025. Dubai’s robust off-plan market and Abu Dhabi’s steady performance position both cities as prime destinations for global investors. With continued demand, innovative initiatives, and a focus on quality, the UAE real estate market is poised for another transformative year.
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