It was announced in mid-march that it had been ranked as the top foreign investment investment choice in 2024, up 32% from the 39.26 billion.
In 2023, both new and existing investors in dubai hit a record-breaking high, including chinese buyers, as both new and existing investors.
The used market increased in 2024, with new build transaction value increasing 30% yoy to 435 usd, and second-hand housing saw significant growth in 2024, with new payment plans and stimulus for second-hand housing increasing 30% yoy to 435 usd.
According to other reports, the chinese investor had a much more prominent presence in dubai's property market in 2024, with the total value reaching 51.2 billion usd up 21% yoy.
Dubai's market is still popular among international investors, including chinese ones, after many years of the property boom, rising from number 9 in 2023. 2024 dao insights & dash; you can see how this popup grew from better returns, as well as from neighboring middle eastern countries searching for stability.
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