Unique Properties; Dubai’s prime real estate segment to accelerate D33

  • Date: 17-Jan-2023
  • Source: Zawya
  • Sector:Real Estate
  • Country:UAE
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Unique Properties; Dubai’s prime real estate segment to accelerate D33

- UAE prime real estate will be a key catalyst in driving D33’s FDI target of AED 650 billion

Dubai, UAE: Unique Properties, one of Dubai’s leading real estate agencies, expects the emirate’s prime real estate segment to accelerate the achievement of the UAE’s recently unveiled D33 vision. On average, property prices in the cosmopolitan city increased by around 9.5% last year; villa prices rose by 12.8% and apartment prices grew by 9%. D33 is set to simultaneously strengthen the country’s post-pandemic real estate momentum, support its return to normality, and position Dubai among the top four financial hubs in the world via 100 transformational projects.

HH Sheikh Mohammed bin Rashid Al Maktoum unveiled D33 earlier this month, on the day of his 17th anniversary as Vice President and Prime Minister of the UAE. Under his leadership, the country and its emirate have respectively blossomed into leading global destinations. The newly launched D33 strategy aspires to boost this progress further by doubling the size of Dubai's economy by 2033. Foreign Direct Investment (FDI) will be a key catalyst in increasing the annual average of AED 32 billion over the past ten years to AED 60 billion in the next decade so that