Dubai home prices set to rise again in 2025: Knight Frank
According to knight Frank, property values in Dubai are expected to continue their relentless comeback following the pandemic, in addition to the 20 per cent surge in 2024. The real estate firm predicted that home prices will increase by 8 per cent market-wide and 5 per cent on average for high-end houses in the coming year.
Many homeowners have become accidental millionaires due to the price surge in the emirates. Knight frank’s survey projected that out of the 530,000 properties sold in Dubai since 2002, at least 95,000 are currently valued at more than $1 million.
