AN OVERVIEW OF THRIVING DUBAI
Dubai’s real estate market is thriving, with its property prices seeing remarkable growth. In 2024, luxury homes in Dubai rose by 19.1%, while villas surged by an impressive 20.2%. Dubai’s tax-friendly policies have helped in driving strong demand, particularly for high-end ohms. The prime markets and neighborhoods like Palm Jumeirah have showcased rising demand, reflecting the city's increasing appeal to high net worth individuals seeking luxurious homes. Limited availability of properties in the $10 million plus bracket has made Dubai’s real estate even more desirable, despite its fast-paced growth.