Dubai has been ranked among the world's top cities with accelerating property market growth, alongside Bangkok, Berlin, and Paris, according to JLL’s Global Real Estate Perspective. Over the past three and a half years, the emirate's property prices have surged by double digits, driven by strong foreign investor interest, affordability compared to global peers like New York and London, and an influx of high-net-worth individuals attracted by Dubai's quality of life. The luxury property segment, in particular, saw a 15.9% increase in 2023, making Dubai the second fastest-growing market after Manila
