The UAE's real estate market ended 2024 on a strong note, with Dubai's residential sales alone soaring 30 percent year on year to 119 billion dirhams ($32.4 billion) in the fourth quarter. Property transactions surged and rental prices climbed across key sectors, driven by strong economic expansion and investor demand. The UAE real estate market saw strong growth in 2024, driven by rising demand, limited supply, and increasing prices across residential, commercial, retail, and industrial sectors, supported by new regulations.