Will rising rents, realty costs affect residents?

As Dubai's iconic skyline continues growing, a pressing question echoes through its bustling streets: will the rise in real estate prices lead to an unsustainable increase in the cost of living?

- Ruqayya Al Qaydi

While surge in property values demonstrates Dubai's robust economy and attractiveness to global investors, it has simultaneously fuelled rising rental costs.

The government of Dubai is addressing these concerns proactively with a comprehensive strategy aimed at ensuring market fairness and stability.

The surge in property values has become a double-edged sword for the emirate. While it demonstrates Dubai's robust economy and attractiveness to global investors, it has simultaneously fuelled rising rental costs, a primary component of the cost of living that directly impacts residents' daily lives.

However, a closer examination of data reveals a more detailed picture. Despite recent price appreciation, Dubai remains a comparatively affordable global hub when measured against other major cities.