Record of рrice per m² for residential property in Dubai

New record of рrice per m² for residential property was set in Dubai

– $49,800 This is how much the buyer paid for a 2,288m² penthouse in the Marsa Al Arab residential complex. Peculiarities:

• Private Pool
• 360° Sea View
• New Marina within Walking Distance

Young people are more likely to buy property in Dubai.

According to real estate experts. – The average age of property buyers fell from 58 years old in 2010 to 42 years old in 2022.From 2021 to 2022:

• The number of buyers aged 20-30 increased from 10% to 11.5%.
• The number of buyers aged 31-45 increased from 54% to 60.6%.

UAE has highest percentage of 'digital-first' construction firms in EMEA

According to a report from Procore Technologies, which provides software for construction firms:

• 89% of developers feel confident in the UAE
• 46% of developers expect the number of projects to increase by up to 20% over the next 12 months