Dubai, UAE — Dubai’s real estate sector recorded a total of 2.78 million procedures in 2024, the highest in its history, with a combined value of AED 761 billion ($207.19 billion).
The record number of procedures, which include both real estate transactions and rental agreements, represent a 17 percent increase compared to 2023.
Real estate transactions alone totaled 226,000, a remarkable 36 percent growth in volume and 20 percent growth in value year-on-year.
Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, attributed the emirate’s record real estate performance to its dynamic economy, robust infrastructure, progressive policies, and world-class investment ecosystem.
Solidifying its position as a global hub for investment, Dubai’s real estate market achieved exceptional milestones in 2024. The sector recorded 217,000 investments valued at AED526 billion, reflecting impressive growth rates of 38 and 27 percent in number and value respectively.
Furthermore, Dubai attracted 110,000 new investors to its real estate sector, achieving a remarkable 55 percent increase. These unprecedented achievements highlight the emirate’s leading role in creating a world-class investment ecosystem that attracts investors from around the globe and supports the sustainable growth of the real estate sector.
