Dubai Real Estate Market Generates $27.36 Billion in 2024

Wednesday, 29 January 2025

Dubai real estate market experienced exceptional growth in 2024, generating AED 100.5 billion ($27.36 billion) in investments. Sales prices surged by 27%, reflecting strong demand, high returns, and ongoing economic development.

Dubai’s real estate market grew 27% in 2024, with sales totaling AED 522.5 billion ($142.2 billion).
Investors earned AED 100.5 billion ($27.36 billion), solidifying Dubai’s appeal as a top real estate destination.
Key factors driving growth: Strong economic performance, high rental yields, population increase, and a tourism surge.
The primary market saw a 51% rise in transaction volume, while the secondary market grew 21%.
Dubai Marina and Business Bay remained top-performing locations for high-end transactions.