Dubai’s real estate market is experiencing unprecedented growth, with high-net-worth individuals (HNWIs) and ultra-high-net-worth individuals (UHNWIs) investing heavily, channeling $146 billion into the sector. The UAE’s golden visa initiative has played a key role in attracting this influx, making Dubai the largest offshore real estate investment market globally. In 2023 alone, 158,000 golden visas were issued, further fueling the market’s expansion.

Most golden visa holders are investing in properties around Dh2 million, which aligns with visa requirements and offers a wide range of options in high-demand areas like Dubai Hills, Creek Harbour, Downtown, Palm Jumeirah, and villa communities. Investors prioritize capital growth and rental yields, making these areas particularly attractive for long-term investments.

Additionally, there is a growing trend of UHNWIs purchasing ultra-luxury properties as second homes or holiday residences in exclusive areas like Palm Jumeirah and Jumeirah Bay Island. These buyers are drawn by Dubai's stability, excellent infrastructure, and tax advantages, such as no income tax and minimal corporate tax on profits, which make it an ideal destination for wealth preservation and business.

Dubai’s strategic location as a global hub for business and travel further enhances its appeal. With ongoing infrastructure projects, such as luxury developments and large-scale urban expansions, the city is expected to attract even more foreign investment. Projections suggest that real estate investments could surpass Dh300 billion by 2028, solidifying Dubai’s status as a premier destination for global investors.