As for the third consecutive year, Dubai is ranked among the top 25 global cities, and is ranked 3rd among the world's top cities, ahead of New York, London, and Paris.
Find our 24 amazing facts for the UAE megapolis in 2024:
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In 2024, Dubai among the world’s 10 most prosperous cities.
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A record number of luxury property transactions have been recorded in Dubai, surpassing Hong Kong and New York.
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The city is home to 210 millionaires with fortunes exceeding $100 million and 15 billionaires.
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More than 60% of millionaires choose the Emirate as their primary residence.
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Prime residential market in Dubai grows at the fastest pace in the world.
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Dubai’s population growth is outpacing its property supply by a wide margin.
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As Dubai’s population explodes, there will be a housing shortage.
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UAE emerges as a top global destination for remote working.
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By 2026, Dubai will have fully operational flying taxis.
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Al Wasl Plaza in Expo City secures Guinness World Record.
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Palm Jebel Ali, the new island of Dubai, has already recorded 1,7 billion dollars in home sales in less than two months – 1200 villas from 4,5 million to 14,5 million dollars.
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The ultra-luxury penthouse sold for a record-breaking 114 million dollars in Dubai, Marsha Al Arab.
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MGM and Bellagio hotels are planned as part of massive 1,2 billion dollars contract awarded to Dubai developer.
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Armani’s new residential project in Dubai is now selling prices start at 5,5 million dollars.
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In Dubai, a mansion worth 204 million dollars is the most expensive house for sale.
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A plot at Palm Jumeirah sells for 256 million dollars.
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Dubai’ s most expensive penthouse sold is 136 million dollars.
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For 163,48 million dollars, Dubai’s largest penthouse goes on sale with mini golf, cinema and 10 parking spots.
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Dubai’s Palm Jumeirah’s hour-floor penthouse sells for 60 million dollars.
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In Dubai’s popular neighborhoods, rents are rising by up to 46%.
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Rents in Dubai are expected to rise 20%.
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With prices wising nearly 50%, Dubai’s luxury property market tops the global list.
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In 2027, the UAE will open the first casino in the Middle East, located on the artificial island of Al Marjan.
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The UAE is expected to attract 4500 millionaires this year.
