Dubai’s Real Estate Sector Continues To Skyrocket

News reports recently shared that June was a record-breaking month for real estate in Dubai, citing June as the “highest transaction volume and value” in the past 10 years! For those looking to invest now, some of the real estate statistics and trends from Dubai’s record-breaking June market can come in handy for buyers shopping the current
market.

THREE AREAS OF INTEREST FROM THIS ARTICLE TO NOTE INCLUDES:

• OFF-PLAN

This segment accounted for “49.6% of the total number of sales transactions and 41.5% of

total transaction value.”

• RENTALS

In this segment, “78.5% of tenants were searching for apartments and 21.5% were looking for villas or townhouses.”

• AREAS

Areas including “Dubai Marina, Palm Jumeirah, Dubai Harbour, Dubai Creek Harbour, Dubai Hills, Burj Khalifa, Jumeirah Lakes Towers, and Jumeirah Village Circle, as well as Umm Suqeim Third and Dubai Design District” accounted for “68 percent of the total sales value and 54 per cent of the total number of

Transactions in the off-plan market.”

From ultra-luxe homes, condominiums, and villas in elite communities, to apartments in architecturally-stunning skyscrapers, to residences with tranquil waterfront views, there
is a diverse pool of properties for investors to consider. Taking the facts and figures from June’s real estate sales into consideration can help buyers make a more informed decision when it comes time to purchase a second home or
investment property.

Why DUBAI IS WORTH THE INVESTMENT:

• NO PROPERTY TAX
• A STABLE EXCHANGE RATE
• RESIDENCY GOLDEN VISA BENEFITS ECONOMIC STABILITY
• LUXURY-STYLE LIVING
• ENVIRONMENTAL PRESERVATION
• FUTURE GROWTH
• EASY INSTALLMENT PLANS
• RENTAL YIELDS
• SAFE, WITH A LOW CRIME RATE WORLD-CLASS SHOPPING, HOTELS, RESTAURANTS,
• MUSEUMS, ENTERTAINMENT & ATTRACTIONS