Industry leaders predict that even in 2024, supply will fall short of demand because of the large influx of foreigners and residents who are becoming buyers due to rising rental costs.
Real estate sales transactions are said to be the highest for 12 years, nearly 70% higher month-on-month over 2021
Most affordable areas in Dubai revealed
Dubai’s population growth is outpacing its property supply by a wide margin
2024 Energy & Sustainability Summit to take place on 7 March
Abu Dhabi allocates US $17.7bn for new projects
Dubai property market tops $6.6bn in August