A Real Estate Boom in the UAE Attracts the World's Wealthy

A Real Estate Boom in the UAE

 

A Real Estate Boom in the UAE Attracts the World's Wealthy

In an unprecedented economic landscape, the UAE is witnessing one of the largest real estate booms in the world, driven by exceptional momentum in local and international demand, strong confidence in the national economy, and unparalleled infrastructure. This has made the country a preferred destination for the world's wealthy and investors seeking real estate returns that surpass those of major cities like London, Paris, and New York.

The numbers speak for themselves:

According to official statistics, the value of real estate assets in the UAE reached approximately $680 billion by the end of 2024, while sector sales reached $451 billion during 2023 and 2024 alone, including $65 billion in the first quarter of 2025 alone. The real estate sector also contributes 7.6 percent of non-oil GDP, confirming its position as a pivotal player in the national economy.

Demand is at its peak, and Deyaar confirms: We are in our best shape.

Saeed Mohammed Al Qatami, CEO of Deyaar Development, emphasized that the UAE real estate market, particularly in Dubai, is experiencing one of its best periods in history. Al Qatami said: "The momentum in demand is still present, whether in the rental or sales sectors. Our occupancy rates range between 96 and 97 percent, which is a clear indication of the significant and growing demand."

He pointed out that the UAE government's policies following the COVID-19 pandemic played a pivotal role in attracting a wide range of investors and wealthy individuals from around the world, adding: "The UAE has provided a decent standard of living, excellent infrastructure, and an attractive lifestyle for all segments of society, making living there, whether for work, tourism, or as a permanent resident, a dream for many."

From recession to peak: A recovery cycle begins after the pandemic

Regarding the background to the current boom, Al Qatami explained that the market experienced a decline in completion rates between 2017 and 2018, but things changed dramatically after the pandemic, as new projects began to relaunch due to the high demand. He said, "We believe we have reached the peak of price increases today, and we expect to witness a period of price stability in the coming period."

Downtown Residences: An iconic project with international specifications

During the meeting, Al Qatami announced the launch of the Downtown Residences project, describing it as an "architectural masterpiece" and one of the tallest residential towers in the UAE. He stated, "The project consists of approximately 110 floors, with a total area of ​​approximately 740,000 square feet for residential units, and 75,000 square feet allocated for recreational and service facilities, making it an integrated hub for living, working, and entertainment."

The project includes units ranging from one-bedroom apartments to penthouses, along with office spaces, fitness centers, and wellness facilities. It is strategically located between Business Bay and Downtown Dubai, making it an attractive proposition for investors and individuals seeking a luxurious lifestyle.

Flexible Payments and a Diverse Investment Community

One of the most important pillars of Deyaar's success, according to Al Qatami, is its flexible payment plans and competitive prices. These have helped build a strong investor loyalty base, particularly from the UAE, India, and Pakistan, as well as increased interest from European and Arab communities in recent times.

Al Qatami emphasized: "We have always had a strong investor base who have had successful experiences with us in the past. Today, we are seeing increasing interest from Europeans and Arabs, especially in projects that offer a luxurious lifestyle and integrated services."

A Promising Sector with Strong Future Indicators

With support from international institutions such as Knight Frank, WeFine, and Moody's, real estate momentum in the UAE is expected to continue to grow. Current construction projects are valued at approximately $590 billion, of which $125 billion is allocated to residential projects alone.

Observers agree that what is happening in the UAE is not just a temporary recovery, but rather a structural transformation in the real estate market, reflecting the country's rise as a global investment destination driven by trust, security, and sound government regulation.

The UAE on the Global Investment Map

Amid this shifting real estate landscape, the UAE's real estate sector continues to establish itself as a pillar of the national economy and a preferred destination for capitalists seeking high returns and long-term stability. With iconic new projects such as Downtown Residences, the UAE is confirming that it is not only a financial and tourism hub, but also a global real estate hub, challenging the major real estate capitals in the West and redrawing the investment map for the 21st century.