In 2024, Dubai’s real estate sector recorded 2.78 million procedures, encompassing both transactions and rental agreements, marking a 17% increase from 2023. Real estate transactions alone totalled 226,000, valued at Dh761 billion, a 36% growth in volume and a 20% rise in value year-on-year.
The Dubai Economic Agenda D33 aims to double the size of Dubai’s economy by 2033, positioning it among the top three global cities.
Marwan Ahmed bin Ghalita, Director-General of Dubai Land Department, noted, “These indicators serve as tangible evidence of the resilience of Dubai’s real estate market, its ability to adapt to global changes, and its success in attracting high-quality investments.”
In 2024, Dubai attracted 110,000 new investors to its real estate sector, a 55% increase from the previous year. This influx highlights the emirate’s role in creating a world-class investment ecosystem.
The Dubai Real Estate Strategy 2033 focuses on doubling the sector’s contribution to GDP and fostering an integrated ecosystem rooted in innovation and technology. This approach aims to enhance transparency and balance supply and demand.
The emirate’s ambitious vision and ongoing efforts to enhance its investment attractiveness align with the Dubai Economic Agenda D33, which seeks to position Dubai among the top three urban economies.
Last year, Dubai’s real estate market achieved 217,000 investments valued at Dh526 billion, reflecting growth rates of 38% in number and 27% in value.
