Dubai at the top of the real estate market: What attracts investors?

In 2024, the Dubai real estate market saw significant growth: transactions increased by 17%, sales by 36%, and the total value of properties jumped by 20%.

One of the most impressive numbers is related to new investors — over 100,000 people have made their first property purchase in Dubai.

The end of the boom – a distant horizon?

Forecasts of a decline “in the near future” are becoming less and less. The reason may be the global appeal of Dubai, which continues to attract buyers from all over the world.

According to data from the Betterhomes agency, in 2024, the most properties in Dubai were purchased by citizens of the following countries:

• India
• United Kingdom
• America
• Russia
• China

Although this is data from one company, it shows a remarkable diversity among buyers. Also notable is the growth in interest from Egypt, where demand has increased 1.5 times.

There is also an increased presence of investors from closer and more unstable economies such as Lebanon and Iran.

What attracts people to Dubai? Here are 5 main reasons, according to experts:

• High standard of living — especially compared to neighboring countries
• High rental yields (between 6% and 8%) and potential for property appreciation
• Stable currency
• Full property rights and no obvious tax burdens