Dubai ranked in the top 3 for real estate investment in 2024
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Published
11.12.2023
Updated
11.12.2023

According to the forecasts of realtors in the period from 2024 to 2027 in the three emirates of the UAE will be able to get 50% of the income from real estate investments. According to the results of Realiste research, Abu Dhabi, Ras Al Khaimah and Dubai will be the best destinations for real estate investments in 2024. This is due to the gambling and tourism focus of these regions. Each of them has a unique feature to attract investment.

As stated in the report, the average price per square meter of real estate in Ras Al-Kheima is $2.3 thousand. This is significantly less than in other parts of the world where there are cities with casinos. For example, in Monaco, the average cost per square meter reaches $49.9 thousand, and in Singapore – $15 thousand.

In Dubai, real estate prices in Dubai Hills, Sobha Hartland and Bluewaters Island are steadily increasing. Experts predict an increase in value within the range of 18.5% to 22.1% per annum.