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Dubai developers score profits from global homebuyers
Mint Bangalore
|February 18, 2025
Builders in the city, which is part of the United Arab Emirates, are reporting surging profits and record sales.
Builders in the city, which is part of the United Arab Emirates, are reporting surging profits and record sales. Dubai was the world's third best performing location for prime real estate in 2024 with a 16.9% increase, according to the Knight Frank cities index. That demand has been driven by expats who've landed in the city and overseas buyers who've swooped in to capitalize on the boom.
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