Why are Dubai home prices expected to surge in 2025, and what factors are driving this trend?

Dubai home prices are predicted to rise further in 2025, with the overall residential market expected to grow by 8% and luxury properties by 5%, following a 20% surge in 2024, as per Knight Frank. This growth is driven by Dubai's effective pandemic response and liberal visa policies, which have attracted foreign buyers, including Russians, crypto millionaires, and Indians seeking second homes. The luxury market, especially waterfront villas, remains in high demand, and of the 530,000 homes sold since 2002, over 95,000 are now valued at more than $1 million, reflecting a significant rise in property values.

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