Source: [ARAB NEWSWIRE]
The dazzling skyline of Dubai is not just a visual spectacle but a testament to the thriving real estate market in the Gulf Cooperation Council (GCC). Projections indicate that the GCC real estate market’s value will surge to an impressive US$4.43 trillion by the close of 2023.
The bustling UAE property sector, particularly in Dubai, is a driving force behind this growth. In a comprehensive report by Kamco Invest, real estate transactions across the GCC totaled a remarkable $143.1 billion from January to October 2022, surpassing the entire 2021 figure. Dubai and Abu Dhabi played pivotal roles, contributing over 48% of the total transaction value.
Dubai’s surge is further highlighted by an 81% increase in the value of transactions, fueled by demand for luxury residential properties. With these exceptional numbers, the International Property Show 2024 (IPS) at the Dubai World Trade Centre from February 27-29, 2024, becomes the premier platform for global investors to explore lucrative opportunities in the flourishing GCC real estate market.
For high-net-worth individuals seeking to navigate luxury and opulence in Dubai’s prestigious market, Amin Amani of Purely Prestigious offers unparalleled expertise. Having transacted over AED 200 million within a year, Amin specializes in Investment Advisory, Property Management, and End-to-End Transaction Management, providing a gateway to the world of modern elegance.
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