By Staff Reporter
Dubai’s property market is emerging as a global safe haven for investors amid rising US tariffs on steel and aluminum, according to a new white paper released by Betterhomes.
The report, titled Will Trump’s Tariffs Impact UAE Real Estate?, outlines how recent US trade measures are reshaping investor sentiment. While the tariffs are primarily aimed at industrial sectors, their ripple effects are being felt across global markets—including real estate. Betterhomes notes a surge in interest from US and Chinese investors, with inquiries up by over 40% and website traffic from those countries jumping 60%.
“Investors are looking for stability, and Dubai is offering that,”
said Louis Harding, CEO of Betterhomes.
“We’ve seen a clear shift since the tariffs were introduced.”
The findings align with previous research showing Dubai as a magnet for global wealth. The city now leads in attracting relocating millionaires, highlighting its rising status as a destination for luxury living and strategic investment.
Despite global uncertainty, the UAE’s economic outlook remains strong. A growing population, robust oil production, a record-breaking 19 million tourist arrivals in 2024, and over 3,500 ongoing infrastructure and real estate projects are fueling confidence.
Dubai also plays a significant role in global trade, exporting 350,000 tonnes of aluminum to the US last year, especially for use in key sectors like aerospace and construction.
Looking ahead, the emirate’s Real Estate Strategy 2033 and national plans to double foreign investment to $65 billion signal a long-term vision. With targets to boost housing supply and increase homeownership to 33%, Dubai is positioning itself as more than just a luxury hotspot—it’s aiming to become a central hub in the global property market.
News Source: Betterhomes
