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Published on 02/01/2025

UAE Launches New Policies to Boost Property Market and Attract Investment

Dubai Real Estate Deals Surge 20% as New Initiatives Simplify Market Access

Dubai’s real estate sector continues to thrive, with a 20% increase in deal values last year, totaling $207 billion. Recent initiatives are set to further boost the market and attract more investors.

These include the launch of a smart rental index by the Dubai Land Department, which rates residential buildings from 1 to 5 stars, offering greater transparency for tenants and landlords. Additionally, the UAE Central Bank has directed banks to stop financing registration and broker fees starting February 1, which will impact upfront costs for buyers.

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Dubai has also expanded freehold property ownership to private owners of all nationalities in select areas like Sheikh Zayed Road and Al Jaddaf. A total of 457 plots will now be eligible for conversion, creating new investment opportunities and stimulating growth in these areas.

These measures, combined with strong market performance, have contributed to record real estate transactions and continued price increases. The smart rental index and freehold initiatives provide new prospects for investors, while the Central Bank’s move ensures market stability.

As Dubai’s real estate market grows, government policies aimed at enhancing transparency and investment opportunities position the UAE as an even more attractive property market.