Find out what's happening in the real estate market in Dubai
Dubai welcomed more than 4.67 million international visitors in the first three months of 2023 — the city’s best Q1 performance since the Covid-19 pandemic.
According to the recent Zeitgeist 2022 Report from Property Finder, the real estate market in Dubai experienced a record-breaking year in 2022, with registered sales reaching 88,028 transactions as of November, up from 60,258 transactions in 2021.
The airport has seen a surge in tourists because of the Fifa World Cup in Qatar
Total seat capacity serving DXB stood at 4.6 million, according to aviation data provider OAG.
Dubai is projected to record the highest tourist spending among all the cities in the world in 2022, reaching $29.4 billion (Dh108 billion), according to the latest World Travel and Tourism Council.
Projects in Downtown Dubai, Business Bay, and Dubai Water Canal have remained highly popular
The demand for off-plan properties in popular locations across Dubai has continued to rise, with prices increasing nearly 50 percent.
The average length of stay was 4.1 nights, significantly higher than 3.4 nights in 2019.
More than a million tourists visited Dubai in July, data showed, as the emirate remained on track to overtake pre-pandemic tourism levels.