Dubai Property Market Transforms as Global Buyers opt for Long-Term Living

Dubai has once again solidified its status as the world’s top destination for Greenfield foreign direct investment (FDI), attracting a record AED 52.3 billion in 2024—a 33.2% increase compared to the previous year. Greenfield investment involves a parent company establishing entirely new operations in a foreign country. In 2024, Dubai saw the establishment of 1,117 new projects and the announcement of 1,826 projects—an 11% year-on-year rise—resulting in the creation of 58,680 new jobs, a 31% increase. The emirate also climbed to 4th place globally in terms of FDI capital. Maintaining its dominance in the Middle East and Africa and securing the global top spot for Greenfield FDI projects for the fourth consecutive year, Dubai’s robust investment climate recorded a 98% surge in reinvestment, a 39% uptick in venture capital, and a 23% growth in new forms of investment. Dubai Leads Global Greenfield FDI as strong momentum reflects the emirate’s strategic appeal and growing investor confidence across diverse sectors.