Dubai real estate market to reach $81bn in 2023 ...United Arab Emirates

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Dubai real estate market to reach $81bn in 2023
A 62% increase in the number of high-net-worth individuals (HNWIs) living in Dubai from 2012 to 2022 has placed the city’s real estate market on a trajectory to achieve US $81.69bn in sales this year, according to Dubai real estate agent Unique Properties. The emirate is said to house over 68,400 HNWIs and with individuals from this demographic increasingly flocking to the UAE, the country’s prime real estate segment is flourishing. Dubai has become a preferred destination for the world’s highly affluent to settle down, as a result of the UAE’s convenient geographic location, its tax advantages and favourable commercial and ownership policies. Dubai’s real estate market is forecast to witnes

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