Ready-Made Properties and Off-Plan Projects: Market Trends in 2022-2023 Over the past 3 years, prices of ready-to-use properties, namely apartments, villas and commercial units, have been steadily increasing. Thus, in 2020, the average price per sq. ft. in these types of properties was AED 736 (USD 200), whilst in 2021, this increased by 18.3% to AED 870 (USD 237), and in 2022 — by 15.7%, reaching...
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...
Reasons To Invest In Dubai Real Estate In 2022 Dubai has been a popular destination to invest in real estate. Many people from all around the world tend to transfer their money to this amazing Middle Eastern city as it offers unique benefits that not every city offers in the world. But what are these reasons? Here are reasons to invest in Dubai Real Estate market in 2022. An Opportunity To Get Dubai...
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