Dubai Real Estate Report - Q2 2022

Written by Adam Gee

The Dubai real estate market has already seen a strong year so far. A number of records have already broken, with June alone seeing the highest volume of property transactions in 13 years, and there is plenty more time for even more records to be made.

Thanks to a swift post-Covid recovery, new visas, along with the introduction of new business laws and reforms, Dubai has become a highly attractive city for investment, resulting in a number of high net worth individuals buying property.

Demand for properties in the prime and super prime segments have been high, however there have been issues regarding supply, resulting in a slow down in transaction volume over the past months. It can therefore be expected that property prices will continue to rise across the city particularly for high end, luxury homes.