Prime areas in Dubai continue their upward trajectory as demand rises

Prominent areas in Dubai for affordable and luxury properties have reported significant growth during H1, 2022. Dubai property prices continue to increase across various affordable and luxury segments as key areas record high numbers. Sales trends in the first half of the year indicate that average prices of affordable properties have increased up to 8 per cent while rates in upscale areas surged up to 19 per cent, according to the Zoom Property Insights. Arabian Ranches, Dubai Hills Estate, Downtown Dubai, and Dubai Marina have remained the preferred choices among high-net-worth investors, while small-ticket investors focused on suburban areas, such … Continue reading Prime areas in Dubai continue their upward trajectory as demand rises

A new record number Dhs180bn Dubai real estate sales in 9 months

– The highest  quarterly sales for Dubai real estate in Q3. – Unprecedented performance in September. -Walid Al Zarooni: Dubai real estate market in full momentum with breaking records. A survey made by the Dubai-based real estate brokerage, W Capital, revealed the upward trajectory of the Dubai real estate sector throw new sales record number during the first nine months of 2022. The total sales value exceeded Dhs180bn, with more than 67,000 transactions, making it the largest sales value ever during that period, according to the latest data issued by DLD. For the first time, the value of real estate … Continue reading A new record number Dhs180bn Dubai real estate sales in 9 months

Apartments, villas continue to drive the Dubai property market

Notable growth in apartment and villa sales was recorded in August 2022, with the Dubai property market on its course to conclude another year on a strong note. The Dubai property market continues to grow, with both the apartment and villa segments recording growth in terms of sales volume and value. August 2022 saw an estimated figure of 6,050 sales transactions of apartments in Dubai with a combined worth of AED 11.7 billion. These figures show an increase of nearly 37 per cent in terms of volume and 33 per cent in terms of value on a month-on-month basis, according … Continue reading Apartments, villas continue to drive the Dubai property market

N7 Real Estate to tap UAE’s property market

Photo caption: Adil Safdar and Breet Lee with other dignitaries at the event in Dubai. Dubai:  A Dubai-based Real Estate company N7 Real Estate has announced its plans to tap the property sector in the UAE due to huge demands, strong investors, confidence and higher returns. This was stated recently by Adil Safdar, CEO, N7 Real Estate, during an exclusive interview with Gulf Today. Adding that his company has recorded a massive profit growth as they started operations four years ago in Dubai. Safdar mentioned that the country presents a favourable business environment for investors and excellent infrastructural facilities coupled … Continue reading N7 Real Estate to tap UAE’s property market