Dubai real estate market expected to grow 5% in 2024, says expert

Dubai’s real estate market continues to thrive, positioning itself as a prime destination for investors seeking diversification and high returns.

According to Bas Kooijman, CEO and Asset Manager of DHF Capital S.A., recent data reveals that investment in Dubai’s real estate market reached a staggering $100 billion in 2023, with a predicted growth rate of 5 percent in 2024. The UAE economy is also on track to achieve a 4.5 percent growth.

The significant economic growth in the UAE is expected to benefit various industries, with the real estate sector in Dubai standing out prominently.

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