Mhd Noureddin Akbiyik Managing Partner, Layan Real Estate explains why.
Is Dubai real estate market going to continue to grow in 2025 and further?
Are we going to witness another increase in sales volumes in 2025?
Is there any price correction taking place for the real estate market in Dubai during 2025?
Well, there is no shortcut answers to these questions. And if we are to understand the coherent outcomes of the future, we have to look in depth and analyze the history of real estate in Dubai.
Real Estate volume of transactions in Dubai, 2022 were AED 265.6 billion, and in 2023 were AED 411. 1 billion and in 2024 were AED 522.1 billion; what we would understand from this growth pattern is that more and more people are now getting into the appetite of living, investing, or simply having a vacation home at this city.
You are no longer buying a property in Dubai as a resident, investor, student, or for retirement only because of the typical reasons of investments’ standards and results, be it ROI, expected appreciation, life convenience, educational options, security, rather than because Dubai was able to create an enjoyable sustainable pattern of all the afore mentioned with flowless results for over twenty years.
With all the drama that took place and will continue to appear in the world, be it the global crisis, pandemic, wars, or any other occasion that might come our way, what makes Dubai irreplaceable is the dynamic methodical thinking process of its leaders to make sure that this place will continue to be the most convenient for many more years to come.
And if you are targeting a mid to long term investment anywhere in the world, there is no place that offers such a comfort in your decision making process that can compete with Dubai, simply because now we know for a fact, based on the history we have been through, that your investment is doomed for success.
It is no longer the ambiguous future with high potential, nor the emerging market that we witnessed 20 years ago. It is facts and figures, it is sustainable growth, it is a continuous high demand, and it is the friendly regulated environment with convenience to live, work, and flourish that is pushing on every emotional bottom for every human who visits this vibrant city.
Welcome to Dubai, the World’s local home…..for many more years to come…
