Dubai on Real Estates

The Dubai real estate sector’s growth is largely driven by foreign nationals living in the UAE and overseas investors living in different parts of the world.

The Dubai Land Department (DLD) recorded 69,069 real estate transactions with a total value exceeding Dh285 billion ($77.6 billion) in 2017, including Dh107 billion ($29.15 billion) investment by 39,480 investors through 52,958 transactions – more than 65 per cent of which is from foreign investors by volume. The overall value of the land transactions of Dubai worth Dh285 billion is higher than the GDP of 144 countries out of 211 countries recognised by the United Nations.