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According to the index, UAE has been ranked as the top emerging market worldwide, third in the Middle East, Qatar (ranked fourth), Saudi Arabia (ranked sixth), Egypt (ranked fourteen), Turkey (ranked fifteen), and Morocco (16th) are other Middle Eastern economies that appear on the list of the top 25 emerging...
In the first quarter of 2023, Dubai's luxury home sales reached Dh6 billion ($1.63 billion), with wealthy buyers purchasing 88 units valued at more than $10 million as prime property sales continued to increase amid a broader economic recovery.
Khalifa Al Romaithi, executive director of UAE real estate at Mubadala, stated "Through this joint venture with Aldar, we are solidifying our commitment to enhance the business ecosystem and attract prime partners to Al Maryah Island.".
Dubai recorded a 53 per cent annual growth in the value of real estate transactions in March to Dh34.2 billion ($9.3 billion) as the property market experiences resurgent demand amid a wider economic recovery.