Total gross sales for FY24 reached 492,900, a 30% rise from the earlier yr. Despite new launches surpassing one hundred,000 models, inventory dropped by 7% yearly. The yr 2024 is expected to be all about infrastructure projects shaping homebuying behavior. New metro connectors, expressways and airports – each newly operational or upcoming are prone to dictate how real estate markets perform- each residential in addition to industrial. The real estate sector’s growth signifies Dubai’s rising stature because the ‘city of the future’ and a major gateway to faucet huge alternatives in some of the world’s fastest-growing rising markets. With hints of mortgage rates holding steady in the new 12 months, Zillow estimates that the prices of buying a house will stabilize and will move decrease if mortgage rates fall.

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