Dubai, a city synonymous with innovation and ambition, has emerged as the premier destination for real estate and property investment. Boasting a booming real estate market and record-breaking transaction numbers in 2024, Dubai stands as a beacon of opportunity in the global property landscape.
In 2024, till June 3, real estate transactions in Dubai soared to an impressive total worth of 3.35 billion AED. Existing properties accounted for 1.51 billion AED, while off-plan properties surged ahead at 1.84 billion AED. With a staggering 1,108 transactions recorded, including 814 units, 99 buildings, and 195 plots of land, Dubai's real estate sector is witnessing unprecedented growth and activity.
In parallel, Dubai's mortgage transactions in 2024 also showcased robust activity, totaling 232.39 million AED. Existing properties dominated this segment, constituting 231.22 million AED, while off-plan properties contributed 1.17 million AED. With a total of 108 transactions, including 66 units, 17 buildings, and 25 plots of land, Dubai's mortgage market demonstrated steady growth and investor confidence. These figures underscore the city's resilience and attractiveness as a real estate investment destination.
What sets Dubai apart is not just its remarkable transaction figures but also its strategic location and status as a global hub for business and innovation. Situated at the crossroads of East and West, Dubai serves as a gateway to lucrative markets and unparalleled opportunities. Its business-friendly policies, diverse economy, and state-of-the-art infrastructure make it an ideal destination for investors and property enthusiasts alike.
Furthermore, Dubai's commitment to sustainability and cutting-edge development ensures that it remains at the forefront of the real estate industry. With a focus on eco-friendly practices and innovative urban planning, Dubai continues to set new standards for sustainable living and futuristic design.
Against this backdrop of success and growth, Dubai is perfectly positioned to be the venue for the International Property Show (IPS) 2025. As the world's premier real estate and property exhibition, IPS brings together industry leaders, investors, and developers from around the globe. Dubai's dynamic real estate market, coupled with its unparalleled amenities and infrastructure, provides the ideal platform for showcasing the latest trends and innovations in property development.
Dubai's thriving real estate market, strategic location, and commitment to innovation make it the ultimate venue for IPS 2025. With record transactions and a vibrant business ecosystem, Dubai offers unparalleled opportunities for investors and stakeholders in the property sector. As the city continues to redefine the standards of excellence in real estate, IPS 2025 promises to be a landmark event that underscores Dubai's position as a global leader in property and investment.
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