Dubai's global position 2022 at a galance

 

Dubai Became The New American Dream.


Millionaire magnet

Huge influx of ultra-wealthy people as Dubai became a millionaire magnet.

Source: henleyglobal.com

 

Spike in luxury property sales

85% Increase in the demand for luxury properties vs. 2021. 

Source: DXBinteract.com

You might be interested to read about: “The Most Luxurious Projects in 2022.”

Entrepreneur-friendly

Dubai is among the most entrepreneur-friendly cities.

Source: usnews.com

 

#1 Destination

23M+Visitors

Dubai is the world's number one destination.

Source: tripadvisor.com & dubaitourism.gov.ae

 

Digital city

Dubai is among the top 20 cities on the Digital City Index.

Source: economist.com

 

Global out-performer

The economy of Dubai is expected to be a global out-performer in 2023.

Source: emiratesnbd.com

 

Fairly valued property

Property prices in Dubai are affordable as compared to other financial hubs such as New York and Singapore.

Source: UBS Global Real Estate Bubble Index 2022

 

Property market transparency

DXBinteract.com shows all historical sales and rental property transactions in Dubai.

Source: Dubai Land Department

 

2023 recession proof

GCC countries are most likely to weather the expected global recession in 2023.

Source: pwc.com

 

Spectacular property market

Property Sales Volume : 97K+Transactions

60% vs. 2021

Property Sales Value : AED 265B

76% vs. 2021

Source: DXBinteract.com

Read more about Dubai Property Market Highlights 2022

 

Fast growing population

3.5M+ Population

Dubai's population grew by 2% in 2022, more than double the global average growth rate.

Source: worldometers.info & dsc.gov.ae



Leave a Comment

Leave a comment

Subscribe to fäm Properties

Subscribe to fäm Properties

Subscribe to stay up to date with the latest market news.

Featured Posts

  • Tenant’s Rights: Can a Landlord Increase Your Rent in Dubai?


    57k
  • The Hidden Cost of Buying a Property in Dubai


    55k
  • Title Deed Verification in Dubai: Ensuring Property Ownership Authenticity


    40k
  • Top 10 Best Places to Live in Dubai


    38k
  • Mega-Projects: These 11 Man-made Islands In Dubai Will Surely Blow Your Mind


    36k