Dubai’s scorching property market is set to continue this year, with capital gains on villas projected to hit 10-year highs, according to consulting group ValuStrat. Apartment prices are also going to continue on an upward trajectory. “Apartment price growth, which only started gaining momentum in the second half of last year, is expected to reach new record highs this year,” said Haider Tuaima, ValuStrat’s director and head of real estate research. “It is highly likely that villa capital gains will exceed the record highs of 2022.
For a detailed perspective on the property market, visit: Dubai - VPI Residential Capital Values - April 2024
