Skyscraper-studded Dubai has been on a hot streak for the last five years, But all that growth comes with strains for the city’s population. Traffic feels worse than ever on Dubai’s roads and the price of housing continues to spike even with new real estate projects being announced almost daily.

Skyscraper-studded Dubai has been on a hot streak for the last five years — and some are starting to get burned.

Dubai’s property sales surged nearly 20% in 2024, with transactions hitting a record as the city attracts ever-more residents and investors. Almost $207 billion in real estate was traded last year, according to Dubai Land Department data.