Dubai housing supply may not fully meet pent-up demand this summer – Arabian Business

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UAE
  • Date: 23-Jun-2022
  • Source: Arabian Business
  • Sector: Real Estate
  • Country: UAE
  • Who else needs to know?

Dubai housing supply may not fully meet pent-up demand this summer – Arabian Business

The summer season in Dubai is often relatively slow for real estate professionals. But not this time around.

Given the influx of investors due to geo-political instability and other global economic factors, and considering the significant rebound in population growth as a result of the city’s pandemic resilience and enabling government policies, housing supply in Dubai may struggle to meet pent-up demand during the summer of 2022.

Currently, Dubai has over 660,000 residential units and a population exceeding 3.5 million.

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