World Cup 2022 in Qatar and real estate in Dubai

As you may know, the 2022 FIFA World Cup will be held in Qatar. The close geographical proximity between Qatar and Dubai is expected to have a gradual impact on the tourism sector in Dubai during this period, and also on real estate. Dubai Immo, the leading French speaking real estate agency in Dubai, comes back to you on the expected consequences of the World Cup in Qatar in terms ofreal estate prices evolution in Dubai.

Dubai's tourism boom during the FIFA World Cup

Dubai is only 45 minutes away from Doha, and no doubt tourists will flock by the hundreds of thousands, if not millions, during the World Cup period alone. Indeed, the hotel offer is very limited in Qatar, and many tourists will only come to Qatar to watch the games, and will eventually sleep in Dubai. To meet this demand, no less than 60 special daily flights will shuttle between Qatar and Dubai between November 21 and December 18, the dates of the World Cup. Hotel prices are expected to reach new heights in Dubai, as well as the demand for apartment and villa rentals on Airbnb. Fans may also be looking for greater freedoms and opportunities to have fun, as Qatar is a more conservative state.

A direct impact on real estate prices

The influx of tourists to Dubai will be accompanied by a considerable influx of potential investors. Those who can afford to travel to Qatar and Dubai for the World Cup are by definition well off. Given the ability of the Dubai authorities to pull out all the stops for major events, there is no doubt that Dubai will be the place to be during the World Cup. Expect demand to soar during this global event, allowing people from all over the world to experience the beauty of Dubai and the quality of life in the UAE. And when the demand is high, the prices are high, you can trust the developers in Dubai... As a reminder, Dubai is one of the cheapest cities in the world, with apartments and villas starting at only 2000€ per m2 !