The Emirate's tourism sector continues to grow and attract more visitors due to various international exhibitions, a diverse entertainment sector and other factors.
New areas are being actively modernized and built. As part of these changes, developers are actively working on new projects. Over the past four years, demand in the residential real estate market in Dubai has more than tripled. At the moment, new districts emerging in the Emirate with demand flowing from old to new areas.
In the most popular neighborhoods we can observe a steady increase in prices. The most expensive offers per square foot were recorded in the following areas: Bluewaters Island, Palm Jumeirah, Jumeirah Bay Island, World Islands.
In the housing rent market there was a growth of the weighted average rate.