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How are Dubai home prices expected to perform in 2025, and what impact has the market had on property values?

Dubai home prices are projected to rise by 8% in 2025, following a 20% surge in 2024, continuing the strong recovery since the pandemic, according to Knight Frank. Luxury property values are expected to increase by 5%, and the market has significantly boosted wealth, with at least 95,000 of the 530,000 homes sold since 2002 now valued at over $1 million.