Dubai, UAE - Realiste, the UAE's leading artificial intelligence company, has announced the top five real estate trends to watch in Dubai in 2023, based on the analysis of its artificial intelligence platform, The Index. These trends provide valuable insights into the growth and development of Dubai's real estate market.

The analysis conducted by Realiste's artificial intelligence shows that while property prices in Dubai have been on the rise over the past few years, growth will continue to be slow and steady rather than a sudden jump in prices.

According to Realiste's index, Dubai's occupancy rate stood at 73% at the end of 2022 and is expected to continue to increase in 2023. Annual sales of properties in Jumeirah Palm are estimated at around 7,400 with a rental yield of 5.6 per cent, followed by Business Bay 2 with annual sales of around 6,600 and a rental yield of 5.1 per cent.

Experts agree that Dubai's property market will continue to grow. According to Realiste's AI forecasts, some areas will see steady price growth in 2023, such as Hessyan 1 Part 1 which grew by 20.3% and topped the list. Hessyan was followed by Al Barsha 1 Part 1 - 17.6% and Mamzar Part 1 - 17.1%.

Data provided by the Realiste Index shows that Dubai's property market is expected to continue to lead the global price charts through 2023. Prices for high-end residences will jump 6.7% to 20.3% this year, the highest in the world. Realiste's AI predicts that rental yields in Dubai's top areas, including Hessyan 1 Part 2, Al Thanyan 1 and Arabian Ranches, will range between 7.3% and 8.3% in 2023.

Finally, Realiste's AI suggests that cooperation and investment between Dubai and Saudi Arabia in the real estate market is likely to increase, as allowing foreigners to invest in Saudi Arabia is already generating profits.

To quote: "As Dubai's real estate market continues to grow, Realiste remains committed to providing cutting-edge analytics and innovative solutions to help investors navigate the market and make profitable investments," said Alex Galtsev, founder and CEO of Realiste.