Dubai Real Estate Corporation has set its budget for 2025 following a 28% increase in revenues this year. The corporation’s portfolio now includes 55,000 residential and commercial units. Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, Chairman of the corporation, met with the Board of Directors to approve the budget and review financial results, which showed strong performance in 2024.

The growth of the real estate sector reflects Dubai’s progress in achieving its sustainable development goals and contributes to the Dubai Economic Agenda D33, aiming to position the city among the top three global urban economies. Sheikh Maktoum highlighted the sector’s positive impact on infrastructure, tourism and hospitality as well as its role in attracting investment and talent.

The meeting also discussed Wasl Group’s digital transformation strategy and future projects, emphasizing Dubai's commitment to creating an ideal environment for investment. The Group’s diverse portfolio supports the city’s ambition to be a global leader in lifestyle and investment.