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Real Estate

Dubai Housing Boom Shows No Sign of Slowing as Prices Jump Again

Average Dubai villa rents jump 26% in the year to February
The number of off-plan property sales are also increasing

Residential villas on the waterside of the Palm Jumeirah in Dubai. — Residential villas on the waterside of the Palm Jumeirah in Dubai.
Photographer: Christopher Pike/Bloomberg

By

March 9, 2023, 1:16 PM UTC

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For anyone hoping that Dubai’s red hot property market would start to cool this year, there’s bad news — it’s getting worse.