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Dubai (Union)
The real estate sector in Dubai witnessed the completion of 55 real estate projects during the year 2022, at a value of 11.9 billion dirhams, with a growth of 57% in terms of the number of completed projects, and 8% in terms of value, while the number of real estate projects under completion reached 350 projects.
Data from the Dubai Land Department shows that the number of new real estate developers last year reached 140 real estate developers, while the number of registered real estate brokers reached 12,989, including 5,703 new brokers, who contributed to 24,824 procedures, with a value of 5.33 billion dirhams.
