Dubai is expected to attract a large share of the citizenship market through global investment, with this market expected to grow five-fold to $100 bn by 2025.
Egypt participates in the event as a guest of honor represented by a high-ranking delegation led by President Abdel Fattah El-Sisi.
Real estate experts, analysts, leading executives and industry stakeholders say that tourism, visa reforms and labour reforms will continue to drive investment in the UAE’s real estate sector.
Experts speculate that the market is expected to post a steady growth of up to 5% in 2023, down from 11% in 2022.
In 2023, almost 100,000 sqm of office floor space is expected to be delivered in Dubai and over 35,000 sqm are set to be delivered in Abu Dhabi.
“Dubai’s real estate market has long attracted diverse international buyers. This trend has become more prominent in recent years as more people started seeing Dubai as a safe haven, offering security, lifestyle, ...
A total of 350 real estate projects are currently underway in Dubai.
Luxury communities in Dubai, including Emirates Hills, Jumeirah Bay Island, and Palm Jumeirah, surge 44% YoY in 2022.
The exhibition, being held under the auspices of the Dubai Land Department, will take place from February 12th to 14th.
As of December 2022, Dubai’s average apartment prices registers AED 1,168 per sq ft, and average villa prices hits AED 1,385 per sq ft.
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