The Dubai real estate market reached a new milestone in September 2024, with both transaction volumes and the value of sales hitting unprecedented highs. A total of 12,470 off-plan property transactions were recorded during the month, reflecting a remarkable 40.5% increase from September 2023. The total value of these transactions reached $7.62 billion, representing a 31% year-on-year…
Dubai has rapidly transformed into a top destination for high-net-worth individuals (HNWIs), thanks to a combination of favorable policies and a booming luxury real estate market. Over the past few years, the city has attracted significant global attention, becoming a magnet for wealthy investors. So, what exactly is driving this migration?
The Magnetism of Dubai’s Lifestyle
One of the…