Data Department Of Economy And Tourism
According to the Department of Economy and Tourism, Dubai attracted 14.36 million foreign overnight visitors in 2022, an increase of 97 percent from the number of tourists who arrived in 2021. Also, Expo 2020 recorded more than one million visitors in the first month, which has driven Dubai's tourism industry.
This influx of tourists has had a major impact on Dubai's real estate market, with prices increasing significantly due to the high demand for residential and commercial properties. The article will explore why Dubai tourism is booming and its impact on the real estate industry.