Dubai’s real estate market predicted to grow 15% in 2024
by rayan on September 6, 2023
In 2024, Dubai’s real estate market is poised to grow by approximately 15%, outshining global counterparts, according to AI-driven research. Fueled by robust foreign investor interest, resilient demand, and a strong economy, Dubai’s real estate sector is set for significant expansion. In contrast, London’s real estate market faces challenges like rising inflation and energy prices, impacting household discretionary income and leading to a decline. The International Monetary Fund (IMF) also downgraded the UK’s economic growth projection.
Zenvest study identifies pockets of growth in Dubai, such as Business Bay, Arjan, Martime City and some other areas as well. Dubai’s real estate allure remains high, offering promising investment opportunities. #DubaiRealEstate #RealEstateTrends #InvestmentOpportunities”
