The Dubaian real estate market is set to grow by 46% YoY in 2023, recent research by the proptech company Realiste showed, as Invest-Gate reports.

Property prices in Dubai achieved a growth average between 20% and 40% in 2022.

Prices in Palm Jumeirah soared 59% while prices in the Trade Center First skyrocket 210%.

In Dubai, property prices vary from AED 425,000 in Wadi Al-Safa 2 Part 1 to over AED 12 mn in Al Safouh First Part 2.

Furthermore, prices in Dubai Hills grew by 53% last year to reach an average of AED 1.6 mn.

According to data collected by Realiste AI, property prices in the emirate are set to achieve modest growth in 2023.

Prices are expected to increase by up to 15%, and even by 46% in some areas of Dubai.