I invested in Dubai real estate 2 years ago and so far a minimum of 25% increase which is an excellent appreciation for real estate investment. As long as you know what you're investing in, you will be fine. The biggest problem is if you don't know the developers or areas, the real estate agent will try to sell trash/overpriced units and you can lose %20-30 of your invesment instantly.
I expect more increase in real estate because they handled the COVID pandemic very well with vaccination and it is already started to boost the economy and real estate. I can see lots of tourists despite of summer and long queues in front of food and luxury stores at any time of the day.
The rally in Dubai’s residential property prices isn’t stopping anytime soon, according to Morgan Stanley.
www.bloomberg.com