Real estate in Dubai remains attractive to investors

Dubai continues to be attractive to wealthy investors from around the world, and it's not hard to see why. In 2022, approximately 27,500 apartments and 4,000 villas were completed in this emirate, and analysts expect even more impressive numbers this year - around 40,000 apartments and 7,000 villas.

Real estate prices in Dubai remain low compared to 2014, especially considering inflation, which has led to a 20% drop in the value of money over the last decade. However, the quality of real estate construction in this emirate is improving every year, significantly increasing the liquidity of properties. For example, the median property price has increased by almost 20% compared to 2014.

Dubai's popularity in the real estate market is explained by high demand for renting and buying property in areas such as Business Bay, Downtown, Dubai Marina, JBR, Palm Jumeirah, Dubai Creek, and JVC. However, there is still a shortage in the market, particularly in the category of premium villas with an area of ??1,500 square meters or more, as there are hardly any free plots left in the most prestigious seaside locations.

We are seeing a significant increase in the number of investors buying property in Dubai for their own use or as a long-term investment. Buyers are interested in receiving a steady income, for example, from renting out properties, which can reach 8-12% or more per year.

High demand from foreign investors, which exceeds supply, liquid real estate, and the development of new locations are the main factors supporting the stability and prospects of the real estate market in Dubai.

Despite high demand and limited supply, Dubai remains an open and welcoming city that attracts people from all over the world. The emirate offers a wide range of properties, from small studios to luxurious villas by the sea, catering to the needs of different categories of buyers.

It's worth noting that Dubai is one of the safest cities in the world with developed infrastructure, high service levels, and the possibility of obtaining citizenship under certain conditions.

If you want to buy property in Dubai, there are several important factors to consider. Firstly, you need to determine your goals: whether you are buying property for personal use, rental income, or for resale in the future. Secondly, consider your budget and choose the most suitable area, taking into account property prices and growth forecasts. Thirdly, pay attention to the quality of construction, the reputation of the developer, and the availability of necessary certificates.

We recommend consulting professional real estate agents who will help you find the most suitable option and guide you through the entire purchasing process, starting from property search to document processing.

Investing in property in Dubai is a profitable and promising investment that can provide a steady income and increase in value in the future. Be sure that investing in Dubai real estate is the right choice that will bring you many benefits and pleasures of living in this beautiful and unique city.

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