Dubai and Abu Dhabi have been ranked among the top five cities worldwide that have shown the most significant improvements in real estate transparency, as per the latest Global Real Estate Transparency Index (GRETI) by JLL.

Dubai’s real estate market has become one of the most attractive among global cities, particularly in the post-pandemic era, drawing billions of dollars in both foreign and local investments. Data from the Dubai Land Department reveals that in August 2024, the city recorded a sales value of Dh37.3 billion, marking a 33% increase compared to the same month the previous year. The total sales volume also saw a 36% year-on-year growth in August, totaling 14,922 transactions.

JLL’s transparency index categorizes real estate markets into five categories: high, transparent, semi-transparent, low, and opaque. Dubai ranks 28th globally on the index and is classified as a transparent real estate market.