Construction

DUBAI’S POPULATION GREW

Dubai's population grew by over 100,000 in 2023. According to Dubai Statistics Center data, on December 17, 2023, the population reached 3.65 million, compared to 3.55 million on January 1, 2023. Golden Visas and mega events such as COP28 raised the profile of the UAE and Dubai among global investors. According to the Swiss bank, UBS's, Billionaire Ambitions Report 2023: – Number of UAE...

DUBAI RESIDENTIAL CAPITAL VALUES ROSE

Dubai residential capital values rose in November 2023 according to the ValuStrat Index (VPI) Dubai villa market has exceeded market peaks of 2014 over 50% Compared to October 2023, VPI increased by 2.2%: – For Villas rose by 2.5% – For Apartments rose by 1.9% Compared to November 2022, VPI increased by 18.4%: – For Villas rose by 23.3% – For Apartments rose by 14.1% Areas...

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