Dubai’s real estate market is headed for a strong 2024/2025, with impressive sales growth and rising property values driving optimism. Experts predict robust demand, new developments, and advanced technology will fuel this expansion.
The market is booming, with property sales hitting AED49.6 billion in July 2024 up 31% from last year. High-end areas like Palm Jumeirah are leading the charge, with over 43,000 transactions in the first half of 2024 alone. Expect to see a rise in supply with 41,000 new units in 2025 and 42,000 in 2026. While oversupply may stabilize prices, investor confidence remains high, especially in luxury and mid-tier markets.
Tech Shaping Real Estate
AI and digital platforms are transforming how properties are sold. From virtual tours to AI-driven analysis, tech is making buying and investing easier. While the outlook is positive, potential oversupply and land shortages could shift the market toward more sustainable growth post-2026. Still, Dubai’s real estate remains a top choice for investors.