Firstly, Dubai's property market is not actually overheated like the rest of the market. What's more, it's not the most overheated market, according to the UBS Global Real Estate Bubble Index 2022;
Secondly, Dubai's market leads the world's luxury property markets, according to a Knight Frank report - prices are expected to rise by 13.5% in 2023;
Thirdly, Dubai has a record investment performance with revenues of AED 121.1bn ($33bn) for the first half of 2022, up 61% on the previous year.