Increased government initiatives: The Dubai government has launched several initiatives to stimulate demand and boost the real estate sector, including the issuance of long-term visas for investors, the relaxation of residency requirements for retirees, and the establishment of free zones.

Growing interest from foreign investors: Foreign investors are showing increased interest in the Dubai real estate market due to its attractive yields and relatively low prices compared to other global cities. According to a report by Property Finder, foreign investors accounted for 44% of all transactions in 2020.

Shift towards affordable housing: The demand for affordable housing is increasing in Dubai, which is prompting developers to launch more affordable projects. According to a report by JLL, the majority of the new projects launched in 2020 were in the affordable and mid-market segments.

Emphasis on sustainable developments: Developers in Dubai are increasingly focusing on sustainable developments, with the aim of reducing their carbon footprint and attracting environmentally conscious buyers. Examples include the development of solar-powered buildings and the use of eco-friendly materials.

Flexibility in payment plans: In response to the pandemic, developers have become more flexible with payment plans, offering longer payment periods and reduced upfront fees. This has helped to stimulate demand from buyers who may have been hesitant to invest during uncertain times.

Overall, the Dubai real estate market is showing signs of recovery and there are several positive trends that are driving growth. However, it remains to be seen how the market will continue to evolve in the coming years.