Dubai Real Estate Market
There are different views on whether Dubai's real estate market will crash, with some predicting a slowdown and others predicting continued growth:
-Slowdown
Some say that Dubai's property market is expected to cool by the end of 2024, with prices easing by 5% to 10% in the next 12 to 18 months. Others say that the growth of Dubai's property market is set to slow, but tight supply could prevent a severe dip.
-Continued growth
Others say that Dubai's real estate market is expected to continue to grow, with prices and rents projected to climb in 2024 and 2025. Some say that Dubai's real estate market is one of the most stable and promising globally, with a robust economy, tax incentives, and a high standard of living.
-Increased supply
Some say that the upcoming seasons will witness a substantial increase in property supply, with approximately 41,000 units expected in 2025 and 42,000 in 2026.