“Dubai has become an end-user market.” Qurat Ul Ain, Founder & Mudasir Mushtaq, Founder (DRE Homes Real Estate)

Dubai is all set to break all previous records in terms of the total value of transactions in a year. What are the major reasons for this exceptional growth, according to you?

The primary reasons for this unprecedented growth are stable and proven governance, worldclass infrastructure and safety, covid performance and Golden Visa.

The year 2022 was great, and 2023 so far has been nothing but magical. What’s your prediction for 2024? How will the Dubai real estate market fare?

Dubai has become an end-user market, and it is evident by the numbers. Secondary market will only continue to be strong in 2024. Town house and villa segment still has a huge demand and relatively less availability as is evident by back-to-back sell out of all launches. Apartment segment is slightly cluttered, and clients are prefering value for money projects. Luxury segment stands very strong at the top with limited natural waterfront options available.

What are the next steps your company is planning to take in 2024 to propel growth?

Customer centricity has always been at the core of our company’s vision. We are investing heavily in technology and customer care to deliver the best service to our esteemed clients. We are a people driven company and we value our resources and work as a family. We are also investing heavily into artificial intelligence in our marketing strategy which is the core of our business. We are also expanding our operations and moving to a 14,000 Sq.Ft. state of the art office in Dubai Hills Estate. These are exciting times and we are working very hard and looking forward to a fruitful and record-breaking 2023 and 24.

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