Why Dubai's Real Estate is More Resilient than Others

The resilience of Dubai’s real estate is largely connected to the continuous urban planning of the city for the past 10 years. The development of the city has been seen by the world for every year and big companies have entered the property market for a good profit and built some world-class housing and commercial buildings in the prime location of the city like Dubai. Property launches like Damac Riverside are a good example of a new community being built by Damac Properties in a posh location of Dubai like Dubai Investments Park. 

The all around amenities and connectivity of properties to essential places like schools, healthcares, shopping centres, parks, gardens, and more makes the life of the people filled with comfort. Dubai is also known for its luxuries and popular buildings like Burj Khalifa and Burj Al Arab. This shows that builders working in Dubai are trying to bring new plans to fulfil the requirements of the people because of which the demand for properties in Dubai remains high every year. Normally buyers from other countries look for houses here. 

Dubai is one of the most visited cities in Middle East where people from Europe, Asia, and Africa are among the top visitors. It is easy to travel to Dubai from these locations, especially from South Asia and Eastern Europe. Dubai is connected through air and waterways both where Dubai International Airport remains very busy because Dubai is also a hub of commercial activities and trades. Several world-class companies are there in this city and people from other countries also work here. So, there is also demand for commercial properties in Dubai.

The good connectivity of Dubai can be seen from the visits of millions of tourists coming to the city every year to enjoy their holidays. This coming of tourists also increases the demand for the rental houses for short periods and other hospitality services and the luxurious collection of properties attracts more people towards Dubai. This also helps in the growth of real estate in Dubai.

Dubai is popular for its luxurious property market and attractive commercial projects. The continuous development of world-class properties and new designs of housing projects have made a huge buzz which has made a huge number of buyers and investors to own properties in Dubai. People can choose from luxurious waterfront villas and modern townhouses like Damac Riverside Community to high-rise apartments and affordable properties like studios or one bed apartments in projects like ELO 3 by Damac Properties.

Dubai has something for everyone who wants to live in this popular city of UAE for a long or short period. The government and developers in Dubai know the different types of requirements from different types of buyers coming from other countries and these builders working in Dubai try to deliver accordingly. These continuous property developments not only popularise the image of the city but provide a profitable market for investors or buyers with mid to high budgets who are looking for good opportunities to grab a deal. 

The growth of the population in cities like Dubai is another main reason for the good market situation for properties in difficult periods also which we have seen in Covid. This smooth increase in the city’s population is driven by a mix of UAE’s own growth of citizens and the coming of large numbers of foreigners as a residence or to do jobs. There is one advantage of this growing population that there will be continuous demand for the housing properties for both rental and ownership purposes.

The attraction of a city like Dubai is because of its comfortable lifestyle, good safety, and profitable market. For the past few years, more and more families and professionals have been moving to Dubai for a better lifestyle and work opportunities because of which the demand for houses is increasing by a good percentage. This shows how good the property market of Dubai is for the investors from other countries.

The property market of Dubai is more resilient than other cities in the world and has done well in sales of the properties for the past two years. When there was a downfall in the economies of the world the Dubai real estate was among the few cities that were able to maintain the demands for the properties. In 2024 also the sales of new properties are rising by a good percentage. Investors are still attracted towards Dubai for its good opportunities in the property market.