Dubai’s 2024 property market shows record transactions, soaring rents, and a supply-demand gap amid population growth and legislative changes. What factors are fueling this dramatic real estate boom?
Dubai’s market surge seems driven by a mix of regulatory shifts and the influx of foreign investment amid strong population growth. Do you think these trends will continue shaping the market, or might we see new dynamics emerge soon?
i reckon its a combo of gov initiatives and more expats coming in, pushing demand. some of the tech update in build also adds a wow factor; could be bubble risks tho. interesting times for dxb!