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Dubai's housing boom in 2024: tens of thousands of homes will be available, and prices will soar

Dubai’s housing boom in 2024: tens of thousands of homes will be available, and prices will soar

There is a significant housing boom in Dubai, where tens of thousands of new villas, townhouses, and apartments are expected to be finished and given to customers this year. Experts forecast that despite the massive influx of new apartments, demand from both domestic and foreign purchasers would drive up property prices for both ownership and rentals​ (D&B Dubai)​​ (Altitude Real...

Future Trends and Projections for Dubai Real Estate through 2024

Dubai Real Estate’s Future: Trends and Forecasts for 2024

The residential real estate industry is still growing. Record-breaking numbers of transactions were made in 2023, with sales and rental prices rising by 18% and 26%, respectively, year over year. This trend is anticipated to continue in 2024 and will be one of the real estate developments in Dubai​ (D&B Dubai)​​ (Altitude Real Estate)​. Read this also: Ras Al Khaimah has introduced Raha, a...

Qatar's Residential Market: Projected Growth and Investment Opportunities

Qatar’s Residential Market: Projected Growth and Investment Opportunities

Market analysts at Mordor Intelligence forecast a promising trajectory for Qatar's residential real estate market, estimating its value to reach $4.28 billion by 2024, with a projected compound annual growth rate (CAGR) of 6.24% over the subsequent five years. The industry encountered setbacks amid the global pandemic, leading to delays and cancellations of residential projects. However, Qatar's robust...

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