2021 Dubai Real Estate on Peak

blog-post-image

Blog Description

According to industry experts, the market momentum fueled by the UAE government's measures over the last year to ensure longevity in residency by a number of steps to bolster the economy, such as visas for remote workers, visas for retired personnel, and the 10-year golden visa programme, is expected to last 12 to 18 months as more people come forward and invest in the property market.

The real estate transaction starting 2021

Property prices in Dubai have been rising in recent quarters as market confidence has improved, resulting in a significant increase in both sales transactions and sales prices. However, the Expo 2020 has given the demand a boost.

In the first 11 months, total sales transactions totaled 55,651 worth Dh135.4 billion, up 88.39% from the same period last year and already the best yearly sales number since 2014. The supportive measures offered by the UAE government resulted in boosting up the economic activities with Dubai and Abu Dhabi bouncing back strongly in the property market.

What are the top areas in Dubai that have the highest buying percentage?

There is no city like Dubai when it comes to real estate. Impressive buildings, large palm tree-shaped islands, and countless world-class villa communities may all be found here. It is one of the safest cities in the world, with an unrivalled lifestyle.

The emirate is a paradise for investors, thanks to a wealth of innovative, cosmopolitan projects and beautifully built residential complexes.

Let’s start our guide of the top areas in Dubai with the highest buying percentage:

Dubai Marina

On the list of the most popular places in Dubai for property investments, Dubai Marina comes in #1. It's a beautiful waterfront setting with plenty of facilities, services, and entertainment opportunities.

Downtown Dubai

The Burj Khalifa, The Dubai Mall, and Souk Al Bahar are all located in downtown Dubai, considered the 'centre of now.' The luxurious high-rise apartments in the centre of Downtown and the more quaint flats in Old Town are well-known in the neighbourhood. With the Burj Khalifa as one of the world's most visited tourist sites, the area's popularity is certain to last.

JUMEIRAH LAKE TOWERS (JLT)

Apartments in JLT are a fantastic alternative for anyone looking for a low-cost Dubai property investment. The high-rise apartments for sale in JLT are situated just across from the more opulent Dubai Marina complex. Nonetheless, they provide identical facilities at a cheaper cost, making it an ideal investment in Dubai at a reasonable cost.

Why Property Investor?

Owning a home in Dubai necessitates a thorough understanding of the city's trends and patterns.  Signature Habitat have been aiding customers with property investment and locating the ideal house for them for the past 17 years. Please email us at admin@signaturehabitat.com or call us at +971 4 542366 with any questions.

Leave a reply

Signature Habitat Properties LLC is a property brokerage company registered in Dubai – UAE (License No. 861348). We are regulated by Real Estate Regularity Agency under office No.2608, Concord Tower Dubai Media City, Dubai - UAE

    Follow us