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Dubai's real estate boom will continue: Property Finder CEO

Gulf News

|

October 02, 2025

Unlimited land supply, population growth will sustain market, says Michael Lahyani

- BY DHANUSHA GOKULAN Chief Reporter MANJUSHA RADHAKRISHNAN

Dubai's property prices are expected to continue rising for the foreseeable future, as unprecedented population growth outpaces new supply, Michael Lahyani, CEO and founder of Property Finder, told The Hustle podcast by Gulf News.

Property Finder, which recently secured a major investment from global private equity giants Blackstone and Permira — a whopping $525 million for a 'minority' stake in the prop-tech giant, is on a roll, and Lahyani is optimistic.

He addressed one of the most pressing questions for UAE residents: Why aren't rents decreasing despite constant construction?

"The demand that is coming from immigration is always higher, or at least in the last five years has been higher than the supply," he explained.

Dubai has room to grow

Gulf News'den DAHA FAZLA HİKAYE

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Israel raids Gaza flotilla: What happened and why it matters

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The UAE's No.1 coaching centre for NEET, JEE & CBSE success

For thousands of students in the UAE, dreams of excelling in NEET, JEE, and CBSE board exams once felt like a distant goal. With the right coaching, guidance, and mentorship, those dreams have now turned into reality. Unique World Education, with branches in Dubai and Abu Dhabi, has firmly established itself as the UAE's leading institute for medical, engineering, and school-level success.

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Production on the up for 7 months straight

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