More growth dynamics for Dubai’s real estate as demand increases

More growth dynamics for Dubai’s real estate as demand increases

The International Property Show will be held on 24 – 26 March 2022

Dubai: Exhibitors at this year’s International Property Show are in for a treat as Dubai real estate market continues to show a tremendous increase driven by supportive economic reforms and an accelerated vaccination programme that has helped to hasten a rebound from the coronavirus-induced slowdown last year.

The International Property Show will provide a platform where attendees can explore the leading industry projects of local exhibitors that will notably boost the real estate industry in the country and showcase Dubai’s status as a world-class destination for real estate, trade, business, and tourism.

The President of the International Property Show, Mr. Dawood Al Shezawi said, "The significant increase in property price in UAE and Dubai to be specific is a clear indication of tremendous efforts the government is putting in support of the industry. The year 2021 ended on a high note with apartment sale prices in Dubai increasing by 14% and villa prices increasing by 37%." A survey recently carried out by The Reuters, states that prices of residential properties in Dubai are set to rise by 5% in 2022, double the 2.5% increase predicted three months ago. The year