Dubai real estate costs are anticipated to increase in 2022

Due to remarkable results in the first half of the year, the Dubai real estate market is still on a roll. During this time, 43,000 different real estate transactions were documented. These transactions totaled AED 115 billion in value. Due to the city’s excellent infrastructure, possibilities, and opulent lifestyle, more people are buying real estate in Dubai. Nobody can help but desire to live or own property in an area where tourism is booming, where you can eat at the greatest restaurants, mingle with a diverse population, and where you can experience a wide range of cultures.

However, if you decide to check into the potential of Dubai houses for sale, it’s important to consider the market values of your selected property as well as the property prices in Dubai. The economy, demand, inflation, breaking financial news, impending natural calamities, investor reactions to company financials, and price speculators all influence the market. However, the majority of market movements are anticipated by many analyst estimates that have in-depth knowledge of Dubai homes.

This post will assist you in analyzing the insights of the forecast of 2022 property prices if you are looking for Dubai properties for sale. These data demonstrate an increase of 87 percent in comparison to H1 2021, according to real estate insights. June 2022 saw a record-breaking 8,900 real estate transactions for AED 22.75 billion, capping off the first half. Given the aforementioned data, it is safe to claim that the emirate’s real estate market is expanding at a never-before-seen pace. Let’s now examine the Dubai real estate market outlook for H2 2022 and H1 2023.

Future Prospects of the Dubai Real Estate Market

The second half of the year got off to a fast start, continuing the pace of H1. 7,092 transactions were recorded in July 2022, up 63.56 percent over the same month the previous year. With this, the number of real estate transactions for the year as a whole has broken a record and reached 45,793, the most since 2009. Despite this, typical home prices are still lower than they were during 2014 high.

The Dubai real estate market outlook indicates that average prices will rise significantly in the near term when taking the sector’s expansion into account.

Let’s investigate further to discover the aspect that will affect the performance of the Dubai real estate market in H2 2022 and H1 2023.

Villas will rule the market

For a few years now, the villa market has been the market’s main driver. They have seen price increases from quarter to quarter, making them popular residences in Dubai. The apartment market, on the other hand, has had difficulty as a result of the price increase being under 10%. However, current data indicate that this industry is also experiencing positive expansion.

Experts in real estate predict that Dubai villas will continue to dominate the market. According to the Dubai property market prediction for the short term, key locations including Arabian Ranches, Palm Jumeirah, and Dubai Hills Estate will continue to rise, drawing both investors and end users due to their high ROI and luxury lifestyle, respectively.

The influx of HNWIs and foreign investors

For many years, the Dubai real estate market has worked to build a reputation as an investor-friendly market. However, the most recent changes have increased its allure for investors. Because of the increased safety, outstanding growth, and numerous prospects, HNWIs also favor this sector.

The market is expected to grow more open and alluring for investors and HNWIs with additional reforms, including Dubai’s relaxation of the requirements for golden and silver visas. More money will be invested, and the ROI will be better.

Demand for Ultra-Luxury Properties is growing

In Dubai, there has been a noticeable rise in the demand for ultra-luxury homes. The demand will continue to grow, according to the Dubai real estate market outlook, particularly for the second half of the year. In fact, with home sales of $10 million or more, 2022 is predicted to create a new record in this industry. From January through June, according to the H1 data, 82 ultra-prime deals were registered. These are the Dubai homes that fetched more than $10 million at auction. Given that 93 sales were made in this industry for the entire year of 2021, this is a significant increase over that year. This was a record in and of itself, and because we are just 11 transactions behind, it will be easily broken in H2.

In H1, 2023, the same pattern is anticipated to hold true when discussing the forecast for the Dubai real estate market. However, whether or not the future year will be able to break this record will depend on time.

FIFA World Cup 2022

Despite the fact that the massive event will take place in Qatar, the Dubai real estate market is anticipated to profit from it. The FIFA World Cup 2022, which is the most eagerly awaited event among fans of the game, will start on November 20 and end on December 18, 2022.

Dubai will take advantage of the fact that Qatar is unable to host all of the guests and spectators. In particular, the market for short-term rentals will experience heightened activity during this time. This will affect how the Dubai real estate market performs overall in H2.


In conclusion, the outlook for the Dubai real estate market in H2 2022 and H1 2023 is quite positive. Both the prices and the demand are anticipated to rise. Due to this, the market is ready for investment.

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