Dubai’s real estate market is experiencing a remarkable resurgence as villa communities witness a doubling in valuations since the pandemic, surpassing previous peaks in 2014, according to a new ValuStrat Price Index (VPI) report.
The apartment market is also witnessing an acceleration in capital values, although still below previous price highs, the report said.
According to the VPI, the overall market has seen a monthly acceleration of 2.4 percent and an annual growth of 16.8 percent, reaching 98.9 points.