Dubai Land Department issues 9,047 permits in 2022 ...United Arab Emirates

The Dubai Land Department issued a total of 9,047 real estate permits and 6,479 real estate licenses in 2022, a growth of 46.6% and 53% respectively from 2021, according to statistics released by the department. The high growth in permits and licenses are said to reflect the increasing demand from real estate investors across the world, driven by Dubai’s strong growth outlook and the prospects of high returns in the local market. The growth also reflects the Dubai Land Department’s efforts to provide high-quality services, further enhance the competitiveness of the real estate market and ensure the protection of all stakeholders. Maintaining its exponential growth trajectory, Dubai’s real es

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