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    Why did Dubai�s real estate transactions reach a record-breaking AED 761 billion in 2024?

    Ali Faizan Syed1 min read1 viewsUpdated 1/18/2026
    According to the Annual Report 2024, Dubai�s real estate sector achieved a historic transaction value of AED 760.99 billion, marking a 20.4% year-on-year increase. This is not merely a number; it represents the city's transition into a global powerhouse for asset accumulation. From a surgical investment perspective, this growth is driven by a maturing market where sales now account for nearly 69% of total transactional value, indicating that the market is shifting from speculative "flipping" to long-term ownership and wealth preservation. This momentum was supported by a 27.35% surge in sales transaction value, reflecting deep investor engagement and high liquidity among buyers who view Dubai property as a premier wealth-building asset class. This record reflects the successful implementation of the Real Estate Strategy 2033, which aims to double the sector's contribution to the GDP.

    Related Topics:

    AED 761B
    20.4% Growth
    Asset Accumulation
    Wealth Building
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