Dubai’s real estate will witness an oversupply in the coming 3 years!? 🤯

The Myth or Fact Series! 🎬 Brought to you by Ryan x Provident.

👁️ To the general eye, this might seem logical, but it’s actually a myth.
⚖️ When we weigh one end, we must consider the other.

According to statistics by Property Monitor and other governmental sources, we are expecting the handover of approximately 47,000 real estate units in 2026 and around 50,000 units in 2027.

‼️This is a big number, but we cannot turn a blind eye to an even bigger figure.

According to the Dubai Statistics Center, Dubai is witnessing a huge influx every year, recording an average of 26,000 new Emirates ID registrations per quarter, which is around 100,000 to 120,000 newly registered residents per year.

✅The supply is only increasing under the supervision of a great government and even greater institutions like the DLD. It is increasing only to accommodate the ever-increasing population that Dubai is witnessing and will continue to see until the 2040 vision.

Dubai has an extremely healthy economy, and even healthier real estate sector.

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