Dubai property market to grow further in Q4, on track to end 2022 on strong note

After a strong Q3, Dubai real estate is all set to grow further and post record high numbers in the fourth quarter to finish the year on high note The Dubai property market is heading for a strong end to the year 2022 as it recorded steady and persistent growth in the third quarter on strong demand from investors and end-users. Latest data from the Zoom Property Insights indicates that the market showed a nearly 14 per cent quarter-on-quarter increase in terms of sales volume during the third quarter as 22,423 real estate transactions recorded in the second quarter jumped … Continue reading Dubai property market to grow further in Q4, on track to end 2022 on strong note

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