Dubai Real Estate is an Attractive Destination for Long-term Investors

Tomorrow (October 31), the world celebrates World Cities Day, while Dubai celebrates being one of the most attractive cities for real estate investment in the world, leading efforts to build sustainable cities, and is famous for its innovative architecture and advanced infrastructure, providing an ideal investment environment for investors from all over the world. In light of the rapid urban developments witnessed by Dubai, promising investment opportunities emerge in various real estate sectors.

With the United Nations expecting cities to host 70% of the world’s population by 2050, real estate consultant Tariq Al-Halabi highlights the most prominent developments witnessed by the real estate sector in Dubai, including interest in sustainability and environmental conservation as the driving factors behind continuous development, in addition to future market expectations.

Real estate consultant Tariq Al-Halabi, CEO of Masar Al-Ghad Real Estate Brokerage, addressed enhancing the quality of life in residential complexes, saying: “Dubai is taking steady steps towards a more sustainable future, as it seeks to build smart cities that preserve the environment and ensure a high quality of life for its residents. This ambitious vision comes from the belief in the importance of sustainable areas in achieving comprehensive sustainable development.”

“Dubai’s real estate market is witnessing unprecedented momentum, driven by Dubai’s D33 economic plan and its global position as a safe haven and a rewarding return on investment, with increasing demand for luxury properties and the continued implementation of ambitious infrastructure projects. This rapid growth is accompanied by new challenges related to increased supply. Therefore, investors should make informed investment decisions based on a comprehensive market analysis to achieve higher returns than other regions.”

Regarding the results of the current year, he said: “Dubai’s real estate market is heading towards another strong conclusion in 2024, with record sales volumes and values.

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