Dubai real estate guru talks property boom, rising demand and sector growth

Dubai real estate guru talks property boom, rising demand and sector growth

Knightsbridge Properties boss Tahseen Syed says the evolution of Dubai’s real estate sector mirrors the city’s own maturity.

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The real estate market in Dubai is no longer defined by speculative bubbles but by a mature, fundamentals-driven expansion, cementing the emirate's status as a global investment safe haven.

Driven by visionary government policies, economic diversification, and a surging population, the sector has seen record-breaking transaction volumes and sustained price appreciation across luxury and mid-market segments.

Tahseen Syed, the visionary behind Dubai's Knightsbridge Properties says that his company's growth in the highly-competitive industry is fuelled by his strict adherence to discipline and professionalism, adding that, to remain at the top of the game, he has had to apply honesty and transparency in all his dealings.

"It's very important to remain committed to honesty and to be very transparent with the investors and clients. It's what keeps them coming back for more. It's what builds trust and ensures that people come to you - because of your professionalism and respect to all your clients, big or small," he said.

Dubai's population is expanding rapidly, with forecasts pointing towards continued growth. This sustained influx of residents creates organic, long-term demand for both residential and commercial properties.

Additionally, continuous investment in modern infrastructure—including advanced transportation networks, iconic landmarks like the Burj Khalifa, and large-scale master developments has enhanced the city's global reputation and livability, directly fueling property demand.

"People love Dubai because of the safety it affords you. It's a highly safe place to do business, to live and to invest in. It's what attracts people from all over the world," Syed says.

"Actually, the growth has been tremendous. Several years ago, the traffic wasn't as thick as it now is. This means that the population has ballooned and more and more people are trooping to Dubai not just to visit but to invest and live here."

With over 20 years’ experience in the real estate world, Syed has steadfastly steered Knightsbridge Properties for the last seven years, seeing it grow from scratch and become one of Dubai's most reputable real estate firms - and a shining light in the often chaotic and competitive real estate world.

The continued momentum reflects a broader trend across the Gulf Cooperation Council, where property values and sales are rising across residential, commercial, and hospitality segments, driven by ongoing economic diversification efforts.

"We are so lucky that the government of Dubai is doing the best they can to push the market and support this industry. It's not easy for someone like me, who is not even a native of Dubai, to succeed in this market. It has taken a lot of professionalism on my end and, of course, the support of the government to break even and remain afloat in this market," Syed reflects.

He added, “The market overall is undeniably strong, and on a global scale, Dubai remains one of the best real estate markets to invest in, whether as an end user or investor.”

He also noted that the only consistent way to win is by making well-informed, data-backed decisions, whether you’re an individual investor or an institution.

Knightsbridge Properties, Syed said, has also managed to attract a good reputation and stay in business due to the highly-professional team of dedicated individuals who, by embracing basic principles, like honesty and transparency, have managed to keep the company at the top.

"At Knightsbridge, it's all about due diligence. My team understands the need to vet the people we do business with, understand their profiles and ensure that we are dealing with honest people and clean money. It's a fundamental way to conduct business and we always insist that we are a company you can trust," he says.

Syed's projection for the next five years, is says, is a stronger market and even bigger influx of buyers and investors from all over the world.

"Dubai’s luxury real estate market is transitioning from hypergrowth to healthy stabilisation,” he said.

“After two years of record-setting activity, what we’re seeing now is a recalibration. Prices remain strong, demand from international buyers is steady, and quality continues to drive decisions at the top end of the market. This is the sign of a confident, enduring market."

Dubai’s population has expanded by nearly 100,000 residents in 2024 alone, thanks to Visa reforms, golden residency schemes, and business migration. The influx of high-net-worth individuals, remote workers, and entrepreneurs has kept demand elevated even as new supply enters the market

“The evolution of Dubai’s real estate sector mirrors the city’s own maturity,” Syed added. “Consistent data reinforces the city’s position as one of the world’s most resilient luxury markets, where stability, not speculation, is now setting the pace.”

These successes, he says, are bolstered by Dubai’s reputation as a global safe haven, its stable currency environment, and consistent foreign investment inflows.

"Through it all, Knightsbridge remains committed to continue offering top-quality services while doing it all with utmost integrity as that's the core aspect of the company's growth and our unbreakable bond with our customers. Transparency is non-negotiable."

Dubai’s skyline may already glisten with superlatives — the tallest, the biggest, the boldest — but its real estate market is now adding another: the most resilient. After two years of blistering growth, property prices in the emirate continue to rise, albeit at a steadier pace.

The city’s real estate boom is no longer just about speculative frenzy; it’s about fundamentals — people, policy, and long-term planning.

"To anyone wanting to venture into this world, I say, you're welcome. You just need to operate with an open heart, instill a lot of hard work, follow the procedures, always conduct your due diligence and build trust," Syed stated.

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Dubai Real estate property boom Knightsbridge Properties Tahseen Syed

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