Steady demand is fuelling the Dubai real estate sector

Steady demand is fuelling the Dubai real estate sector

There's no doubt that the post-Covid era has been a period of drastic change around the world. But with much of the global economy still reeling from the aftermath of the pandemic, it's impressive to note how the UAE, and Dubai in particular, has bounced back with full force. Based on the data and trends seen on Bayut, the region's preferred property portal, the real estate sector has had a significant role to play in pushing brand Dubai to the world. Over the past few years, Dubai has established itself as the place to be, whether people are looking for long-term residency, a vibrant market in which to establish a business, or the chance to invest in lucrative real estate. From creating an investor-friendly ecosystem to introducing long-term and flexible visa policies, the emirate has ensured remarkable stability when it comes to cultivating a thriving economy. These policies have also helped Dubai’s real estate sector grow exponentially over the past year. “There is absolutely no doubt that Dubai is experiencing a property boom unlike any other,” says Haider Khan, CEO of Bayut and Head of Dubizzle Group, the Middle East and North Africa. “Backed by a growing economy full of