The Dubai property market is heading for another great year ably supported by top-performing areas
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Prices for villas grew at a rate of 1.7 percent in June, down from 2.3 percent last year
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In just 7 months, the value of real estate sales transactions has surpassed 2020.
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The market bounces back from the impact of the coronavirus pandemic.
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One of every three homes sold in Dubai in Q1-2021 was a ready villa/townhouse
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500% growth in demand for larger properties since May.
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Lockdown caused delay in transferring properties, however transaction levels remained consistent with over a thousand transactions month-on-month.
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Tenants, buyers look to escape crowded communities and enjoy personal outdoor space.
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Off-plan properties are still the favourite for investors due to attractive prices, payment plans and fee waivers by developers.
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Sales in the first half of 2019 alone jumped by 50 per cent
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A new report from Property Finder has shown that this area is Dubai’s favourite for buyers and renters
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