According to Hussain Sajwani, CEO of DAMAC Properties, Dubai’s real estate market has just started entering its best phase. Whilst before the emirate was considered as a location for temporary stay, nowadays many individuals, including top billionaires from Europe, along with their families are choosing Dubai as a primary home. The success of the real estate sector is attributed to the...
According to Bayut & dubizzle, budget-friendly apartments witnessed an uptick of up to 24%, whilst the rental value of luxury units grew by 24–54%. When it came to villas, affordable properties recorded a growth of 2-23%, whereas rental rates for prime units increased by a whopping 54%. The most popular budget-friendly accommodation options included Jumeirah Village Circle and Bur Dubai for...
According to DXBinteract.com, sales of the off-plan market grew by 100%, with over 52,000 deals worth more than AED 124B (USD 33.7B). Such astonishing indicators are attributed to a variety of flexible payment plans and lucrative yields from off-plan sales. It is worth noting that lately privacy and space are of great importance to homebuyers, which is why many individuals have decided to sell and switch...
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