Dubai's residential property investment deals soar 17% in the first nine months of 2023, surpassing predictions by AI-driven proptech Realiste. The off-plan housing market leads with a 33% increase, and select Dubai areas anticipate substantial price growth in the last quarter of the year.
Dubai's economy achieves impressive 3.2% growth in H1 2023, reaching AED 223.8 billion ($60.9 billion). Crown Prince Sheikh Hamdan bin Mohammed applauds the success, setting the stage for ambitious future growth under Dubai Economic Agenda D33.
Dubai's real estate market experiences a remarkable 40% YoY surge, reaching AED97.5 billion in Q3 2023, driven by strong demand, sustainable development, and a 22% YoY transaction growth reported by the Dubai Land Department.