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Dubai real estate is growing at a higher rate and remains in the upward trend despite the pandemic. The pandemic has affected the market and with variants, the market was disrupted but the UAE Government has taken out initiatives that have provided the economy to recover at the earliest.

The strategic measures, government initiatives, visa reforms, and other strategies have attracted global investors and contributed positively to the growth. The data shows the low-interest loans, value ratios, and business flexibility have helped Dubai to retain strong investments interest in the real-estate sector. Also, we have seen a major recovery considering all the performance metrics such as rents, capital, and high transaction volumes compared to the last year.

The UAE Government is taking steps that make the country the best place for tourists, businesses, and residents due to their impeccable policies, economic, and visa reforms. The management decision isn’t affecting the business community and is expected to continue the real-estate market and also boost its growth.

The sales and rental prices are surging currently which is a sign of how incredibly Dubai real estate is recovering. The strong demand is coming however there are chances supply can be affected. The major Expo 2020 is converted into District 2020. Some districts have major potential and soon will be converted to deliver a higher boost in the UAE’s real-estate sector.

The continuous growth in the real-estate sector presents the opportunity for the investor to take up the best properties with luxurious amenities in prime locations with Signature Habitat. From apartments to villas, Signature Habitat has exemplary properties for sale across the UAE at exciting prices.

2022 Dubai Residential Market Forecast

By 2022 the transactions volume will see a slight increase and sales transactions might go off the plan in the market and are expected to go upward as demand continues from the local and international buyers. The sales prices will see a gradual rise in the villa and apartments segments and they are expected to touch their peak values. 

The rental market will balance out and will favor the landlords of UAE as rentals are rising across the UAE. The prime districts will be outperforming the market also chances are prime districts will have limited availability, high demand, and supply will be done in early 2023. If you are looking to invest or lease out residential properties in Dubai connect with Signature Habitat at the earliest.

Recovery of Market

The major locations are under construction or in the finishing stages, especially in Dubailand, Oxygen, Serena, Town Square, and Villanova. The market is having a steady recovery as the delivery of 36,000 more units will be in 2022 which will balance out the supply and demands as new projects are launched. The residential market of Dubai will roar high with the introduction of new projects or low mortgage rates will result in higher demand than before.