The expectations contained in the latest research conducted by the “Sifelz” suggested that the escalating path of luxury residential real estate values and rents in Dubai during 2025, after the strong performance in 2024.
And “Saflz” confirmed, in a statement, yesterday, that when trying to anticipate the future, expectations are likely that Dubai will maintain its lead in terms of the growth of luxury housing prices globally in 2025, in addition to the growth of capitalist values by between 8% and 9.9%, which is the percentage The highest among the 30 global cities in the “Siflas” index, and it is also expected that the city will come in the highest rank on the rental growth index, with An expected increase in more than 10%.
The “Sifel” index for the best international residential cities revealed that the values of luxury residential real estate in Dubai increased by 6.8% in 2024, which strengthens the emirate’s position as a global investment center, and the city also witnessed a record growth in rents by 23.5% in 2024, and this achieved the result of sustainable demand For luxurious living.
The population growth and the flow of individuals with large wealth and family offices to the UAE strengthens the strong demand for luxury residential real estate, and at a time when new projects are offered, the advanced luxury real estate sector in Dubai is working on providing a new definition of the concept of “luxury” in the market, yet A number of luxury projects have been launched in recent years.
On the global level, the capital values in the main markets are likely to remain positive during the year 2025, as the “Siflas” expect average price growth by 1.6% in the 30 cities that the company monitors in this report, and this represents a slight decrease from the growth of 2.2% Registered in 2024, which reflects a more conservative view of global real estate markets.
“Despite the economic turmoil in recent years, the luxury residential real estate markets have managed to prove their ability to withstand a significant resilience, and since 2024 is called (the year of elections), 2025 is 2025 It appears to be the year in which these new governments begin to make changes, starting with taxes, legislation and international affairs, and therefore Every change may have an impact on the main residential real estate markets. ”
In turn, Andrew Comings, head of the residential real estate agency in the Middle East, said: “The luxury residential real estate sector in Dubai continues its prosperity, as the demand shows a superiority of the supply in some of the most popular areas in the city, and the strong performance of the rental market, along with a rise The capital makes Dubai an increasingly attractive destination for global investors. ”It is expected that the year 2025 will witness more momentum, With the registration of high -value transactions, the launch of new highly luxurious projects, which would work to reshape the real estate scene in the city.
“With our entry in 2025, we expect the real estate market in Dubai to maintain its upward path, bypassing a number of other global markets, such as London, Hong Kong and New York, and with the continued demand for famous housing, projects overlooking the waterfront, and homes Sustainable luxury, the city appears to be ready to enhance its position as a global center for residential investment Distinguished. ”
. 6.8 %increase in the values of luxury residential real estate in Dubai in 2024.
Follow our latest local and sports news and the latest political and economic developments through Google News