With cap rates outpacing global cities and fundamentals driving demand, Dubai is on the brink of Tier-1 city status and a real estate boom. Dubai Real Estate on the Rise: Driven CEO Predicts Price Surge Amid Global Benchmarking Dubai’s property market could witness a dramatic transformation over the next five years, with prices projected to double, according to Abdullah Alajaji, CEO and founder of real estate brokerage firm Driven | Forbes Global Properties. His forecast arrives on the heels of a remarkable 2024 for the emirate’s real estate sector, which recorded 217,000 transactions worth AED 526 billion—a 38% rise in … Continue reading Dubai Property Prices Poised to Double in Five Years, Says Driven CEO