There have been three cycles of expansion in Dubai's real estate industry thus far. However, it saw two boom-bust cycles: the first occurred after the global financial crisis of 2008, when the market experienced its initial meltdown, and the second occurred during the Covid-19 pandemic. Industry participants believe that after the three and a half year surge, the market will continue to grow steadily...

The strong economic growth of the emirate has benefited Dubai's real estate industry since the early 2000s. To meet the rapid growth in both population and tourist, major developments such as the Palm Islands, Dubai Marina, and Downtown Dubai developed a large amount of new housing and infrastructure. Global investment poured into Dubai, particularly in the wake of the 2008–2009 financial crisis, when...

Overview Dubai is a glittering oasis in the middle of the desert that has long been associated with wealth, style, and innovation. The city's real estate market is no different, drawing in investors from all over the world on a regular basis. Dubai's real estate market is still changing as 2024 approaches, mirroring changes in consumer preferences, technology breakthroughs, and general economic trends....