We are determined to continue supporting the Dubai real estate sector and enhance its value to one trillion dirhams

His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, Deputy Prime Minister and Minister of Defence, said through his official account on the social networking site “X”, previously “Twitter”, that the Dubai real estate sector continues to record strong growth rates and new records, and during By 2024, more than 2.78 million real estate transactions were completed, the value of transactions reached 761 billion dirhams, and the value of real estate investments registered with the department reached more than 526 billion dirhams. …The Dubai real estate market also attracted 110,000 new investors, with a record growth rate of 55%.

His Highness added, “Dubai’s real estate sector… is strong and resilient, and we are determined to continue supporting this sector and enhancing its value to one trillion dirhams by 2033… We thank the Dubai Land Department team led by Engineer Marwan bin Ghalita for their efforts, and we look forward to more achievements and innovations that support this rising momentum.” Dubai is the world’s number one destination for real estate investments.”