Revealed: Number of people who relocated to Dubai in 2024
Image credit: Dubai Media Office
The first half of 2024 saw more than 220,000 people relocating to Dubai.
This reinforced the ongoing increase in the demand for residential units, Amira Sajwani, Managing Director of DAMAC Properties.
Important:
'The real estate market in Dubai is experiencing exceptional momentum, with strong demand continuing from both investors and end-users,' she reitarated on the sidelines of the launch of 'Riverside Views,' the company's first project for 2025.
According to a Wam report, Amira Sajwani emphasised that Dubai has positioned itself as a global attraction, due to its strategic location between Asia and Europe.
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It has also attained that position because of its investor-friendly policies.
The real estate demand in Dubai is unlike any other market and DAMAC has received billions of dollars in sales within a few hours of it's launching certain projects, Amira Sajwani revealed.
She also shed light on the fact that the investment value of DAMAC's new project in Miami exceeds $1bn and is being designed by the Zaha Hadid Architects.
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