Global investors continue to be captivated by Dubai’s real estate market, as shown by a remarkable 40% increase in sales value this August, totaling $12.9 billion in transactions.
According to a senior official, Dubai has become a prime destination for savvy, long-term investors. Kashif Ansari, CEO and co-founder of Juwai IQI, highlighted a UBS report that underscores the surging demand for Dubai real estate. The report is an essential resource for investors seeking long-term opportunities in the city.
Kashif remains confident in Dubai’s real estate future, with significant growth potential projected through 2030 and beyond.
The best places to invest in real estate are:
- Dubai Marina
- Jumeriah Village Circle
- Downtown Dubai
- Palm Jumeriah
- Business Bay
- Dubai Creek Harbour
- Dubai Hills Estate
- Arabian Ranches
Kashif highlights that Business Bay led August’s transactions with a remarkable Dh139 million, showcasing both investor enthusiasm and the area’s growth potential.
He predicts that as global economic uncertainties rise, interest in Dubai’s real estate will surge, driving up capital appreciation and rental yields. By 2030, Dubai’s market is set to outpace that of Singapore and Hong Kong. Kashif foresees significant investment from China, India, Pakistan, the U.S., and Europe, with Dubai real estate emerging as the new global currency for wealth
