Dubai real estate sector braced for 2023 growth

UAE’s non-oil sector growth will bring momentum to Dubai property market

Dubai’s real estate market will carry momentum into 2023 as the UAE’s non-oil sector sees growth in the year ahead, says ZāZEN Properties.

Non-oil growth is forecast to expand by 3.9 percent in 2023 and that will have a positive impact on the property market in Dubai says the sustainable property developer.

As the UAE looks to diversify its economy away from dependence on the oil industry, proactive measures set in place by the government have equipped the UAE to be more sustainable.