What is the future of Dubai Real Estate?

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• What is the future of Dubai Real Estate

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• The real-estate sector of Dubai has made a
  marvellous come-back post covid. Perhaps one of
  the best-performing markets showing strong signs
  of sustained growth if one is to go by the
  statistics released by the Dubai Land Department
  (DLD) last week.

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• A successful roll-out of covid-19 vaccinations,
  easing of restrictions and the success of UAE
  Expo 2020 saw the UAEs real estate market pick
  up like no other. Another factor helping the
  market is the weekend shift to align it with the
  international market. It has been observed that
  AED2.53 billion worth of transactions registered
  in Dubai on the first working Friday of 2022.

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• A most recent survey involving property analysts
  has forecasted that Dubai house prices rose by 3
  in 2021 and 2.5 in 2022 compared with 1.1 and
  2.8 compared to six months ago. The survey
  predicts the Dubai residential property market to
  be on a steady course for a couple of years with
  a modest rise in prices. This indicates
  affordability, on one hand, sustainable growth on
  the other.

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• New projects with leading developers like Danube
  properties have brought back the buzz as well.
  The cost of these projects is estimated to be
  about Dh1 billion but could increase given that
  Dubais real estate market continues to recover
  well from the impact of the pandemic. Danube has
  just launched the impressive Skyz Tower, a
  residential project with a development value of
  Dh475m.

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• The year 2022 is believed to bring even more
  success. Also worth noting is that off-plan
  villas and townhouses for sale in Dubai are in
  high demand right now, with developers rushing to
  catch up. The top areas for deals are Arabian
  Ranches 3, Majid Al Futtaims Tilal al Ghaf,
  Villanova, Dubai South, and Mohammed bin Rashid
  City, according to recent data from Property
  Finder.

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• Last year, the Dubai off plan market
  significantly declined, says Lynnette Sacchetto,
  Director of Research and Data for Property Finder.

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• Apartments for Sale in Dubai Villas for Sale in
  Dubai
• Patriot Real Estate
• Office No. 1401, Damac Executive Heights, Barsha
  Heights, TECOM
• P.O Box 337036, Dubai
• UAE.
• https//www.patriot.ae