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Published on 11/29/2024

Dubai Real Estate Outperforms London and New York with 7% Investment Yields and Strong Price Growth

Dubai's Property Market Offers Superior Returns and Affordability Compared to Global Cities

Dubai's real estate market outperforms London and New York offering higher returns and more affordable investment opportunities. With a 7% gross yield, Dubai leads the way nearly doubling New York’s 4.2% and tripling London’s 2.4%. The average sale price of property in Dubai is just $438 per square foot, making it significantly more affordable than other major cities.

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Dubai also boasts impressive year-on-year price growth of 16.5%, driven by high demand and limited supply in prime locations. In comparison, New York saw 8.1% growth and London lagged at 1.6%. The city's investor-friendly policies such as visa reforms, zero property taxes and its Dubai Economic Agenda D33 have made it an attractive destination for global buyers.

Dubai's modern infrastructure, safety and family-friendly environment further enhance its appeal, offering a superior lifestyle compared to London and New York. With ongoing mega infrastructure projects and a growing expatriate population, Dubai's real estate market is poised for long-term growth, making it a top choice for investors.