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11/27/23, 2:03 PM Dubai: Here's why property prices will continue to rise in 2024
The view of Dubai Downtown Skyline at Sunset on November 27, 2018 in Dubai, United Arab Emirates. Image used for illustrative purpose.
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REAL ESTATE
Dubai: Here's why property prices will continue to
rise in 2024
Rise in foreign fund inflows fuels surge in the rally along with tenants turning into property
ownership, availability of ready-to-move-in properties, among others
Waheed Abbas, Khaleej Times
November 27, 2023
Property prices rally in Dubai will continue next year, but the pace will slow down compared to 2023, with
a growth rate of up to 10 per cent projected on the back of strong demand from residents, investors and
high-net-worth individuals.
Analysts expect that the prime residential market will continue to drive the market, led by Jumeirah,
Downtown, Palm Jumeirah and other high-end areas that have witnessed unprecedented demand in the
post-pandemic period.
https://www.zawya.com/en/business/real-estate/dubai-heres-why-property-prices-will-continue-to-rise-in-2024-n0n13i56 1/4
