UAE real estate market spearheaded by its luxury sector

According to a 2024 forecast by global real estate firm Savills’ annual Prime Global Cities Index, Dubai, along with Sydney is expected to outpace other global top destinations with value increases between 4 and 9.9 percent when it comes to the strongest growth in prime residential property values in 2024[1], after Dubai had secured the top spot during the previous year (2023) with a 17.4 per cent appreciation[2]. This is a testament to Dubai’s constant popularity as a top prime market on a global level, and why we should expect the demand from international investors to keep increasing for many years to come.

Discovery Dunes, the first of its kind in the region with its members-only premium residential community, highlights the importance of this growth in a prime community market such as Dubai. As part of Discovery Land Company, a global leader in private clubs and communities, spread across 35 destinations, including USA, Latin America, Europe, and the Caribbean, the ultra luxury exclusive project aims to be an intimate safe-haven for like-minded families looking to create long-lasting memories. Through a rich, diverse offering across 27 million square feet, Discovery Dunes is located in the Golf district of Dubai South, the largest single, urban masterplan development in the UAE.

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