Dubai’s property prices, rents to continue to rise in 2023 : Report – Al Arabiya English

Real estate in Dubai saw a bumper year in 2022 with record-breaking transactions and soaring property prices – and the trend is expected to continue in 2023, according to a new report, spelling good news for landlords but more rental woes for tenants.

Prices and transactions soared amid a strong economic recovery from the COVID-19 pandemic and the introduction of long-stay visas, property agents Allsopp and Allsopp said in their latest report.