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Dubai Real Estate Growth Driven by Actual Demand

by Priya Shah – Business Editor

Dubai Real‍ estate Surges as ⁣End-User Demand Overtakes Speculation

Dubai, UAE – Dubai’s real estate market is experiencing robust growth driven by​ genuine demand⁣ from end-users, marking a significant shift from the‌ speculation-fueled ‍activity of a decade ago, ‌according to Damac Properties’ General Manager of Sales,​ Sajwani. This trend is‍ fueling record sales figures for developers like damac, signaling a maturing and balanced market poised for sustained expansion.

The change⁢ reflects a growing preference for Dubai as ‌a long-term home and investment ⁤destination, attracting families worldwide with​ it’s economic⁣ opportunities, high quality of life, and safety. This shift has ‌resulted in a market increasingly shaped by buyers intending‌ to ⁢live in properties, whether completed or under development, rather than​ short-term investors seeking speedy‌ profits. ​Damac reported exceeding 20 billion ⁣dirhams ⁤in sales ‌during the first half of 2025, propelled by major project launches including ⁢the “Damac Islands” development.

Sajwani ⁢highlighted Dubai’s change into ⁤a ‌globally attractive⁣ city for both investment and residency. “Dubai has become one of the moast stable ‌and attractive cities‌ in the world…which ⁣prompts many families around the world to make the decision to ‍move to and settle in it,” she stated.

The decline in speculative activity‍ indicates a⁢ more⁤ mature market, according ​to Sajwani. “Today we see ⁣actual consumers who live ⁤and⁢ plan to stay in the long term,⁣ stressing‍ that the market today is more mature and balanced,” she explained.This evolution suggests a more‌ sustainable growth trajectory for Dubai’s real ‌estate sector, built on solid foundations of genuine demand and long-term commitment.

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