And, according to analysts, will continue to grow at least one more, 5 years.

Dubai's real estate market, which continued to grow for the 11th consecutive quarter in the third quarter of 2023, is likely to continue to see "significant price growth" over the next five years as the prices will still be "very affordable." compared to other major cities of the world. In addition, the price growth will also be affected by the shortage of new housing offers in the coming years, analysts say.