The period between 2020 and 2025 was marked by record-breaking achievements for Dubai across many sectors, from real estate to tourism. Particularly during 2024–2025, Dubai became one of the most attractive destinations for global investors. Real estate sales exceeded $200 billion in total transaction volume, while the tourism sector achieved significant global success. Dubai ranked as the seventh most visited city in the world in 2024, and in 2025 it improved its position to fifth place. A similar trend was observed in foreign investment inflows. In 2025, Dubai became the city that attracted the highest number of US dollar millionaires, drawing nearly 10,000 millionaires within a single year. It is estimated that the total wealth flowing into the city exceeded $60 billion in just one year. Investors from the United Kingdom, China, and India have been particularly active in Dubai’s real estate market.
Estimates suggest that real estate transaction volume approached $230 billion in 2025. Among the top property buyers were Turkish investors, who are estimated to have purchased approximately $5 billion worth of real estate. It is known that Turkish investors bought $3 billion worth of property in Dubai in 2024, followed by $5 billion in 2025. Overall, Turkish investments in Dubai’s real estate sector are estimated to have exceeded $10 billion, placing them among the city’s largest foreign investor groups. Forecasts and expert commentary for 2026 indicate strong similarities with the 2023–2025 period. While records were broken in 2025, expectations are that these records may be surpassed again in 2026. For the 2027–2028 period, market analysts anticipate a potential price stabilization; however, price growth is still expected to continue, albeit at a slower pace.
A similar trend has been observed in rental prices. Throughout 2025, rising property prices directly impacted the rental market, resulting in an average 6% increase in rents. According to expert analyses, rental growth exceeded initial expectations, as did property price increases. Strong demand throughout the year, combined with new housing supply struggling to keep pace, pushed prices higher. Average price increases are expected to continue into 2026. Investors from Asia and Europe are projected to maintain strong demand, while newly arriving residents are creating additional pressure on the rental market. This combined demand for both property purchases and rental units is expected to further drive prices upward. As Parcel Estates, we had the opportunity to closely observe market demand throughout 2024 and 2025. For 2026, we foresee a similar flow of demand and therefore strongly recommend that investors take advantage of the current investment opportunities available in the market.
