{"id":12461,"date":"2025-01-27T08:25:45","date_gmt":"2025-01-27T02:55:45","guid":{"rendered":"https:\/\/entrepreneurmirror.com\/?p=12461"},"modified":"2025-01-27T08:25:45","modified_gmt":"2025-01-27T02:55:45","slug":"transactions-in-dubais-real-estate-market-total-dhs761-billion-in-2024","status":"publish","type":"post","link":"https:\/\/entrepreneurmirror.com\/staging-site\/2025\/01\/27\/transactions-in-dubais-real-estate-market-total-dhs761-billion-in-2024\/","title":{"rendered":"Transactions in Dubai&#8217;s Real Estate Market Total Dhs761 Billion in 2024"},"content":{"rendered":"<p>In 2024, Dubai&#8217;s real estate industry saw 2.78 million procedures, the most in its history. Compared to 2023, the record number of procedures encompassing\u00a0rental agreements and real estate transactions\u2014represents a 17% rise.<\/p>\n<p>With a total value of Dhs761 billion, real estate transactions alone amounted to 226,000, representing an astounding 36% increase in volume and 20% increase in value year over year.<\/p>\n<p>Crown Prince of Dubai, Deputy Prime Minister, Minister of Defence, and Chairman of the Executive Council of Dubai, Sheikh Hamdan Bin Mohammed Bin Rashid Al Maktoum, credited the emirate&#8217;s record-breaking real estate performance to its thriving economy, strong infrastructure, forward-thinking policies, and top-notch investment environment.<\/p>\n<p>The remarkable outcomes in 2024 demonstrate the profound endurance and power of our economy, which is still thriving in a world that is changing quickly. In addition to strengthening the emirate&#8217;s standing as a global centre for trade, investment, and innovation, the leadership&#8217;s ambitious objectives set forth in the Dubai Economic Agenda D33 have also increased the emirate&#8217;s allure as a destination for investment and lifestyle, which has stimulated the real estate market.<\/p>\n<p>&#8220;The industry continues to increase standards for transparency, return on investment, and investor confidence while meeting a variety of market demands, supported by the Dubai Real Estate Strategy 2033. With a strong emphasis on stability and sustainability in addition to innovation and excellence, Dubai&#8217;s real estate market continues to rank among the best in the world.<\/p>\n<p><strong>Also Read:<\/strong><\/p>\n<p><a href=\"https:\/\/entrepreneurmirror.com\/staging-site\/one-of-the-most-well-liked-places-for-new-years-eve-festivities-is-dubai\/\">One of the Most well-Liked Places for New Year&#8217;s Eve Festivities is Dubai\u00a0<\/a><\/p>\n<p><a href=\"https:\/\/entrepreneurmirror.com\/staging-site\/wildfires-in-and-around-los-angeles-are-out-of-control-forcing-many-to-evacuate\/\">Wildfires in And Around Los Angeles are out of Control, Forcing many to Evacuate\u00a0<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>In 2024, Dubai&#8217;s real estate industry saw 2.78 million procedures, the most in its history. Compared to 2023, the record number of procedures encompassing\u00a0rental agreements and real estate transactions\u2014represents a 17% rise. With a total value of Dhs761 billion, real estate transactions alone amounted to 226,000, representing an astounding 36% increase in volume and 20% [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":12462,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,3],"tags":[],"class_list":["post-12461","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","category-news"],"_links":{"self":[{"href":"https:\/\/entrepreneurmirror.com\/staging-site\/wp-json\/wp\/v2\/posts\/12461","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/entrepreneurmirror.com\/staging-site\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/entrepreneurmirror.com\/staging-site\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/entrepreneurmirror.com\/staging-site\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/entrepreneurmirror.com\/staging-site\/wp-json\/wp\/v2\/comments?post=12461"}],"version-history":[{"count":0,"href":"https:\/\/entrepreneurmirror.com\/staging-site\/wp-json\/wp\/v2\/posts\/12461\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/entrepreneurmirror.com\/staging-site\/wp-json\/"}],"wp:attachment":[{"href":"https:\/\/entrepreneurmirror.com\/staging-site\/wp-json\/wp\/v2\/media?parent=12461"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/entrepreneurmirror.com\/staging-site\/wp-json\/wp\/v2\/categories?post=12461"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/entrepreneurmirror.com\/staging-site\/wp-json\/wp\/v2\/tags?post=12461"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}