How Dubai ranked first in the 2023 Prime Residential World Cities Index

Dubai is an incredible place to live – and the booming real estate market is proof.

The emirate’s real estate market has been moving from strength to strength. Economic growth underpinned by the leadership’s diversification agenda, enhanced business and living legislations, and amended visas continue to attract residents to Dubai.

The Prime Residential World Cities Index by Savills proves how significant the performance of Dubai’s residential sector has been. We remained one of the world’s most attractive real estate markets, outperforming major cities like Paris, Madrid, Barcelona, and Mumbai. Globally, average prime rental values increased by 5.9 percent. But Dubai’s real estate sector is leading the charge, having recorded prime rental gains of 22.9 percent.