Turkish Investors' Real Estate Route Has Shifted to Dubai
"Emlak Times: Turkish investors committed $3 billion to Dubai real estate in 2024 via 10,000 property purchases. Trust and local presence are key — Woven Investment's Burak Ustaoğlu weighs in."
Turkish Investors' Real Estate Route Has Shifted to Dubai
Trust tops the priority list for Turkish investors who committed $3 billion to Dubai real estate through approximately 10,000 property purchases in 2024. In particular, working with firms that have offices in Turkey has emerged as a decisive trust factor for investors navigating the Dubai market.
Dubai Real Estate Market Sets Record at $142.1 Billion
Woven Investment Co-founder Burak Ustaoğlu assessed the record-breaking growth: "2024 was a record-breaking year for Dubai's real estate market, reaching a total value of $142.1 billion. Quick returns, zero tax, and strong rental yields are the primary drivers attracting investor attention to Dubai. At Woven, we connect investors with the right opportunities — backed by sector-specific analysis, at the most competitive prices, and through trusted business partners."
Woven's Dubai Advantages for Turkish Investors
Listing the critical advantages Dubai offers Turkish investors, Ustaoğlu stated: "Dubai's key advantages include a tax-free economic system, ease of obtaining mortgages, the Golden Visa benefit, the opportunity to own property at lower costs compared to other global cities, and consistently growing rental income. We help Turkish investors grow their savings with high short-term USD returns — structured either as a wealth preservation vehicle or an active income stream through our rental management system. Through roadshows we will hold across Turkey, we will further expand Turkish investors' reach into Dubai."