Why Dubai’s Real Estate Sector Will Double Over The Next 10 Years

As 2023 comes to a close, global news outlets are buzzing about Dubai’s real estate market potential – not just for 2024, but over the next decade. A booming economy, government-backed initiatives, and home-buying safeguards are just a few of the reasons why foreign investors continue to invest in Dubai’s property market, contributing to its position as the #1 Global Destination.

Why Dubai’s Real Estate Sector Will Double Over The Next 10 Years

According to recent articles, such as those in Arabian Business and other news outlets, these are some of the most important reported benchmarks fueling Dubai’s continued accelerated growth in the real estate sector over the next 10 years :

  • Overall Growth Trajectory: Knight Frank projects that Dubai’s real estate market will increase by 15% in 2024
  • Population Explosion: Dubai’s 2040 Urban Master Plan anticipates that there will be a “5.8 million increase in the population, taking the total number of residents in Dubai to 7.8 million,” which will have a direct influence on residential housing demand, as well as commercial and industrial properties.
  • Consistent Uptick in Real Estate Transactions: The demand for properties continues to escalate, according to developers like Emaar Properties , which projects to “generate Dh485 billion ($132.15 billion) from the sale of its development portfolio by 2040.”
  • Surging Apartment Prices: News reports share that “Dubai apartment prices surged 20%” this year, with no slow-down in sight.
  • Economic Boom: Also in the news, the UAE economy on the whole is projected to grow 4% in 2024, thanks to growth in diversified areas such as government plans, tourism, and technology, staying on a steady course of growth.
  • Foreign Investor Perks: Free zones, 0% income tax, and protective government councils and programs such as the Dubai Land Department (DLD) and the Real Estate Regulatory Agency (RERA), create confidence for foreign investors.

Do you want to learn more about why Dubai is a hot-spot for foreign real estate investors and homebuyers? Visit our blog for the latest news and trends in Dubai’s real estate sector.


Back to Blog

Latest Posts

  • Dubai Maritime City

    Why Dubai Maritime City Is the Future of Real Estate Investment? Here’s Why

    Dubai’s real estate market continues to captivate global investors, with Dubai Maritime City emerging as a premier destination for waterfront developments. Among these, The Mural by Omniyat Dubai Maritime City stands out, offering a unique blend of luxury living and promising investment potential. Strategic Location and Connectivity Strategically nestled between Port Rashid and Dubai Dry […]

    Read more
  • Dubai Business Setup & Opportunity Every U.S. Entrepreneur Must See!

    UAE Ranked #1 for Entrepreneurship—Why It’s a Game-Changer for Real Estate Investors

    UAE Ranks #1 for Entrepreneurship—Here’s What That Means for Global Real Estate Investors The UAE has once again been named #1 in the world for entrepreneurship—for the fourth year in a row—according to the Global Entrepreneurship Monitor (GEM) 2024/2025 Report. As a global Realtor® guiding investors into Dubai, California, and Spain, I see this milestone […]

    Read more
  • Role of Real state Agencies in Dubai

    The Role of Real Estate Agencies in Dubai: A Comprehensive Guide for Global Investors

    Dubai’s real estate market has become a prime destination for global investors, thanks to its tax-free environment, world-class infrastructure, and lucrative investment opportunities. However, navigating the market requires more than just selecting a property. The role of real estate agencies in Dubai is critical, as they do much more than facilitate transactions—they guide investors through […]

    Read more
  • UAE’s Investment Surge What It Means for Dubai Real Estate Investor

    UAE’s Investment Surge: What It Means for Dubai Real Estate Investor

    The United Arab Emirates (UAE) continues to establish itself as a leading destination for foreign direct investment (FDI), issuing over 200,000 new economic licenses in 2024 across various industries. This economic expansion, driven by new laws and business-friendly regulations, makes the UAE—and specifically Dubai—a prime market for real estate investors. As a Certified International Property […]

    Read more

Join us

Edit Search

  • Email Updates
  • Only Update me On
Close
Email Sent! Your email was sent successfully
Close
Register
  • Thank You For Registering

    Just a few more details so we can help you

    (All fields are required)

    When are you looking to purchase?
  • Thank You For Registering

    Just a few more details so we can help you

    (All fields are required)

    Need assistance with financing?
  • Thank You For Registering

    Just a few more details so we can help you

    (All fields are required)

    Need to also sell your property?
GG Benitez International Logo
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.