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...
There is no question that Dubai is a hotspot for real estate investment. While the market slowed down during the height of the pandemic, Dubai did considerably well. And it did not stop there.Dubai bounced back quickly. As other cities scrambled to mitigate the health and economic impacts of COVID-19, it swiftly worked on vaccination and other rapid response protocols. All while it introduced new...
Powered by bashayerbrokerage
