Dubai, 25 February 2025 – The Dubai real estate market experienced unprecedented growth in 2024, cementing its position as a global investment destination. According to the Dubai Land Department, the total transaction volume reached AED 522.1 billion, representing a 36% increase compared to 2023. The number of deals closed rose to 180,900, with off-plan properties accounting for 64% of these.
Simultaneously, there was significant property price appreciation. Apartment prices rose by 23.6% in 2024, while villa prices increased by 31.6%. This trend is a result of strong demand, limited supply, and Dubai’s growing appeal as a safe investment haven.
Supply Shortage and Growing Demand
In 2024, Dubai welcomed 170,000 new residents, while only 27,000 new homes were completed—the lowest number in the last six years. This mismatch between supply and demand is leading to further growth in both property and rental prices.
Investors are responding to this situation by focusing on off-plan properties. In 2025, between 40,000 and 45,000 units are expected to be completed in popular locations such as Jumeirah Village Circle (JVC), Dubai South & Expo City, and Dubai Harbour & Palm Jumeirah.
The Czech and Slovak Footprint in the Dubai Market
A growing interest in Dubai property investments has also been noted among Czech and Slovak investors. The NEXT DUBAI company focuses specifically on this clientele, providing them with a comprehensive real estate service.
“Dubai offers stability, high rental yields, and a dynamically developing market. For Czech and Slovak investors, this is an opportunity that may not be repeated. We are seeing growing interest not only in luxury properties but also in more affordable segments with high investment potential,” says Robert Hanzl, founder of NEXT DUBAI.
NEXT DUBAI connects clients with reliable developers, provides legal and financial advisory services, and ensures investors have access to exclusive opportunities through its Czech-speaking real estate consultants based directly in Dubai. This makes the entire property acquisition process more transparent and significantly simpler for clients.
High Return on Investment and Strong Rental Yields
Dubai offers some of the highest net rental yields in the world, ranging from 5–8%, which significantly surpasses yields in metropolises like London, New York, or Singapore. Furthermore, investors benefit from a zero-tax environment for income and capital gains, which maximises their profits.
Government incentives also contribute to the market’s attractiveness, such as the Golden Visa for property investors with investments valued at over AED 2 million, which allows for a 10-year residency, and the option of 100% foreign ownership of properties.
Outlook for 2025
The outlook for the Dubai real estate market remains positive. By the end of 2025, the completion of 40,000–45,000 new units is expected. By 2028, more than 118,000 apartments and 28,000 villas and townhouses are projected to be delivered to the market.
“We believe that 2025 will bring more records. We will assist our clients not only with purchasing properties but also with a long-term strategy to ensure they achieve maximum returns,” concludes Robert Hanzl.
For more information, please contact:
Ing. Jan Babka
Press Spokesperson, NEXT REALITY GROUP a.s.
jan.babka@nextreality.cz
Tel: +420 602 135 029
www.nextdubai.cz