Expo 2020 Dubai: Record new residential units come online this year

As the Dubai’s property sector gained momentum ahead of Expo 2020 Dubai, a record number of residential units are expected to come online this year, a report has stated. According to the latest data released by real estate consultancy, Core, 37,000 residential properties are set to be delivered this year. It is the highest number of residential deliveries in Dubai over the last decade, hinting that investor confidence has returned to the market.

“Nearly 24,000 units have been delivered during the first three quarters of this year, while another 13,000 properties are expected to come online in October-December quarter,” according to Core’s Dubai Market Update, which was released on Monday.


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