Pakistani investors have significantly impacted Dubai’s real estate market, moving up to fifth place among top foreign buyers, according to a Betterhomes report. Last year, they ranked seventh.

The report indicates that Indian nationals remain the largest group of buyers, followed by British investors. Meanwhile, Russian buyers, previously in third place, have dropped to ninth, and Turkish investors are now in the tenth spot.

Dubai’s property market has experienced remarkable growth, with transactions reaching AED 423 billion in 2024—a 30% increase from the previous year.

Luxury properties in areas like Palm Jumeirah and Downtown Dubai have outperformed real estate markets in cities such as London and New York.

Experts predict that property prices will rise by 5% to 8% this year, driven by growing demand from international investors. Dubai’s long-term real estate strategy aims to push the market’s value to AED 1 trillion, as the city’s population is projected to reach 4.34 million by 2027.

The ongoing real estate boom is also benefiting Dubai’s hospitality industry, with five-star hotels experiencing significant growth, further solidifying the city’s status as a key global investment hub.