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Market Set to
Grow in 2024
RYAN MAHONEY
Dubai’s Booming Real Estate
2 Ryan Mahoney
Dubai’s Booming Real Estate
Market Set to Grow in 2024
According to research shared by PropertyNews, it’s predicted that
the real estate market in Dubai will have grown by around 15%
by the end of 2024, while that of London is expected to continue
to decline. This will be fueled by a buoyant economy, resilient
demand, and robust foreign investor interest.
3
Ryan Mahoney
Pockets of Substantial
Growth
There are several areas of Dubai that could
experience such substantial property price increases
that they go beyond the forecasted 15% threshold.
Palm Jumeirah and Business Bay Second are two
such areas that may see enhanced demand and
price growth over the year ahead.
Digital and AI Integration
As well as the continuing boom in prices, the real
estate industry in Dubai will be defined by the
seamless integration of AI and other technologies
in 2024. This is expected to reshape the way people
engage with real estate and promote greater trust
and transparency within the industry.
For example, how properties are purchased and
experienced will be impacted by features such as
3D floor plans, virtual tours, AI-powered property
furnishing, and AI-driven market analytics. Clients
are now able to view off-plan developments using
these digital tools, as well as ready properties.
For more information about this topic, visit
the blog of Ryan Mahoney of Dubai, UAE.

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Dubai’s Booming Real Estate Market Set to Grow in 2024

  • 1. Market Set to Grow in 2024 RYAN MAHONEY Dubai’s Booming Real Estate
  • 2. 2 Ryan Mahoney Dubai’s Booming Real Estate Market Set to Grow in 2024 According to research shared by PropertyNews, it’s predicted that the real estate market in Dubai will have grown by around 15% by the end of 2024, while that of London is expected to continue to decline. This will be fueled by a buoyant economy, resilient demand, and robust foreign investor interest.
  • 3. 3 Ryan Mahoney Pockets of Substantial Growth There are several areas of Dubai that could experience such substantial property price increases that they go beyond the forecasted 15% threshold. Palm Jumeirah and Business Bay Second are two such areas that may see enhanced demand and price growth over the year ahead. Digital and AI Integration As well as the continuing boom in prices, the real estate industry in Dubai will be defined by the seamless integration of AI and other technologies in 2024. This is expected to reshape the way people engage with real estate and promote greater trust and transparency within the industry. For example, how properties are purchased and experienced will be impacted by features such as 3D floor plans, virtual tours, AI-powered property furnishing, and AI-driven market analytics. Clients are now able to view off-plan developments using these digital tools, as well as ready properties.
  • 4. For more information about this topic, visit the blog of Ryan Mahoney of Dubai, UAE.