Dubai and Abu Dhabi among world’s five most improved real estate markets

The improvements in these UAE real estate markets is largely linked to increased government focus on data transparency and major digitalization efforts. Those include technology-focused initiatives designed to create more confidence in the real estate sector and boosting investment.

Dubai climbed one spot to reach the 28th position on the index and is the only city in the MENA region with a real estate market graded as ‘Transparent’ by the ‘Global Real Estate Transparency Index’ from JLL. Some technology-focused initiatives like the Real Estate Innovation Incubator and Dubai PropTech Group have helped to boost Dubai’s rise on the index.

“Dubai’s progress in the 2024 Global Real Estate Transparency Index demonstrates our commitment to building an innovative and reliable real estate ecosystem,” said Marwan Ahmed bin Ghalita, Director General of Dubai Land Department.