Dubai’s new Real Estate Strategy 2033 is poised to transform the city’s property landscape by targeting Dh1 trillion in real estate transactions by 2030, a rise from Dh634 billion in 2023. The plan aims to increase the homeownership rate to 33%, boost the sector's contribution to Dh73 billion, and introduce more affordable housing options.
Industry experts highlight that investor-friendly policies, including reduced fees, flexible financing, and tailored mortgage products, will make property ownership more accessible. Additionally, as rents continue to rise, more tenants are expected to shift towards ownership. With new developments and advanced technologies, Dubai will offer diverse property choices, fostering long-term investment and enhancing market stability. Transparency and affordability will be key drivers in making homeownership a reality for a larger portion of the population.