New real estate projects worth AED1 trillion ($272.29 billion) will be launched or developed in Dubai within the next five years, says W Capital, a real estate brokerage firm.
The value of Dubai's real estate investments has grown steadily over the past few years, rising nearly five-fold from AED148 billion ($40.2 billion) in 2021 to more than AED680 billion ($185 billion) in 2025, said a leading UAE brokerage, adding the number of investments have jumped from 72,000 to 259,000 over the period.