Dubai’s property market maintains its position as a global leader - Rental Living News

Dubai’s property market maintains its position as a global leader, consistently surpassing key hubs such as New York, London and Hong Kong. The emirate’s real estate sector is showing no signs of slowing down. Experts predict that property prices and rents in Dubai will continue their upward trajectory into 2025.

By Mitchell Walsh, CEO, Integritas Property Group

This is despite the recent record rainfall and flooding, which had only a minimal impact on the property market. Even with global economic fluctuations, experts foresee an annual increase of 5% to 7% in property prices in Dubai for both 2024 and 2025. This growth is fuelled by strong demand that exceeds available supply.

Lucrative venture

Investing in Dubai property can be a lucrative venture that appeals even to international markets; for those eyeing Dubai’s vibrant property scene but not residing in the emirate, understanding the nuances of acquiring property becomes crucial before committing to any investment. Non-residents can secure property in Dubai through a ‘non-resident home loan’. This financial instrument facilitates funding for property purchases in the emirate.

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