The Dubai property market has been a hot topic as prices have continued to grow steadily in mid 2025. As debate around a market correction or crash lingers, Chris Hogg, Founder of Luxfolio Real Estate, insists that the Dubai property market isn’t necessarily what it seems.
Anyone who’s analyzed the current trends compared to the up-and-down cycles of the past can reach a reasonable conclusion that it’s not the same market. Ultimately, Dubai is currently on much more stable ground. That’s the case quite literally as much as it is economically.
Avoiding the Volatility of the Past
Hogg explained, “With tighter regulations, more transparency, and a far more informed buyer base, the conditions that led to past volatility simply aren’t present now.”
According to Hogg, what could be viewed as a speculative surge is actually the product of strategic planning, global appeal, and good old-fashioned demand. Luxfolio’s analysis is on par with data suggesting that the average buyer is more than a short-term investor.
Buyers are Now Looking for Something Permanent
As it stands, many people interested in Dubai real estate are seeking permanence, whether it’s for their families, business ventures, or even international citizens looking for a fresh and fruitful start.
Hogg explained, “We’re seeing sustained interest from buyers in Europe, Asia, and the Americas. And it’s not just investors, it’s families relocating, entrepreneurs establishing roots, and people seeking long-term value.”
Where Dubai Stands Against Major Markets
While it’s important to examine the past and present of Dubai to understand the current state of real estate, it’s equally necessary to take a look at other big city markets. By doing so, it’s easier to deduce whether numbers are isolated to Dubai or if they’re indicative of a global trend.
Cities like Miami, Singapore, and London have each witnessed a post-pandemic uptick in real estate demand. However, most cities haven’t quite nailed down a balance between supply and policy as well as Dubai has.
Dubai Leaders Are Setting Up the City’s Success
Between wage stagnation and location based economics, many of these areas have been negatively impacted. Alternatively, Dubai’s initiatives like the Golden Visa have positioned the city to combat some of those negative global trends.
Between 2019 and 2022, over 151,600 Golden Visas were issued. The numbers have only grown from there, indicating a steady growth of people looking to settle down in the area.
Additionally, the Dubai 2040 Urban Master Plan provides a carefully measured blueprint for the city’s growth in the coming decades. How? Through diversified housing, green spaces, and economic zones.
Hogg praised Dubai’s leadership, noting, “The government has done a phenomenal job making Dubai one of the most attractive places to live and invest.” He added, “This isn’t a spike, it’s a long-term strategy unfolding.”
Luxfolio Believes in Dubai’s Future
Luxfolio, one of the leading full-service brokerages in Dubai, has witnessed the market growth first hand. With specialised divisions spanning sales, leasing, property management, mortgages, off-plan, commercial, and holiday homes, the company brings a comprehensive understanding of the market. This breadth of expertise allows it to anticipate industry trends with clarity, respond to shifting buyer demands, and provide clients with well informed, forward thinking guidance across all property sectors.
Hogg equated Luxfolio’s own growth with that of Dubai when he said, “We wouldn’t be expanding if we didn’t believe in the future of this city.” He continued, “We’re hiring, growing, and innovating, because the opportunity isn’t slowing down, it’s just getting started.”
What’s Next for Luxfolio and Dubai?
At the end of the day, global cities will always face market cycles. Yet Hogg and Luxfolio Real Estate adamantly believe that a Dubai real estate crash isn’t on the horizon.
Instead, Hogg and the company are more interested in helping Dubai continue to grow. Hogg said, “Dubai’s story is just beginning, and we’re proud to be helping write the next chapter.”