Dubai, September 16, 2024 – Dubai and Abu Dhabi have been recognized among the top five global improvers in the latest real estate transparency index, affirming the UAE’s commitment to establishing world-class standards in the real estate sector. This achievement highlights the strides both cities have made in enhancing transparency, ease of doing business, and governance frameworks within their property markets.
In parallel with this recognition, Dubai's real estate sector continues to experience robust growth. The Dubai Land Department recorded sales worth Dh37.3 billion in August 2024, reflecting a 33% increase compared to the same period in 2023. These figures underline the growing confidence of investors in Dubai’s property market, driven by transparency improvements and investor-friendly policies.
Adham Younis, Group CEO of D&B Properties, commented on this achievement:
"Dubai’s rise in real estate transparency not only strengthens investor confidence but also reinforces its position as a global hub for real estate innovation. We are seeing increasing interest from international investors, and the market's sustained growth reflects Dubai's unwavering commitment to enhancing regulations, fostering trust, and creating a future-ready real estate landscape."
This recognition cements the UAE's position as a leader in global real estate transparency, furthering its attractiveness as a destination for both regional and international investors. The upward trend is expected to continue, with significant developments and policy enhancements on the horizon.
About D&B Properties:
D&B Properties is a leading real estate firm specializing in luxury residential and commercial properties in Dubai. With a commitment to innovation and client satisfaction, D&B Properties continues to set new benchmarks in Dubai's dynamic real estate sector.
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