UAE: Dubai's Real Estate Market Sees 55% Growth, Attracting 110,000 New Investors in 2024

Dubai's real estate market experienced remarkable growth in 2024, attracting 110,000 new investors—an increase of 55% compared to the previous year, according to Invest-Gate. Total real estate investments surpassed AED 526 billion, while the number of transactions exceeded 2.78 million, with a total value of over AED 761 billion.

Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Deputy Prime Minister, highlighted the sector’s resilience and its contribution to making Dubai a global investment hub.?“The Dubai real estate sector continues to record strong growth and new milestones. We are committed to supporting this sector and enhancing its value to reach AED 1 tn by 2033. My thanks to the Dubai Land Department team, led by Engineer Marwan bin Ghalita, for their efforts in driving this success,”?Sheikh Hamdan stated via his official social media account.

The sector’s appeal stems from Dubai’s robust infrastructure, investor-friendly regulations, and strategic growth initiatives. Through innovation and effective governance, these measures have reinforced Dubai’s position as the leading real estate investment destination globally.

With consistent growth, Dubai’s real estate market continues to break records, attracting foreign capital and further solidifying its status as a top investment destination. Sheikh Hamdan’s vision reflects the sector’s key role in shaping Dubai’s economic future.