10 Factors Driving the Dubai Real Estate Boom

Mohamed Abu Alnaga, CEO of Abu Alnaga  Developments, said that the Emirate of Dubai is witnessing one of the largest real estate booms in its history.

 Real estate sales have reached unprecedented levels since the beginning of the year, driven by the continued influx of foreign investments and the increased demand for both luxury and mid-market residential units.

Abu Alnaga pointed out that this boom is not a spur-of-the-moment development, but rather the result of a combination of economic, legislative, and regulatory factors that have boosted the emirate’s position as a global real estate destination.

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