The real estate market in the UAE has been continuously growing even when different countries across the globe were in lockdown. Some market research has shown that the growth can be “attributed to peaked rental and capital appreciation across some of the high-end properties located in the country…. The UAE’s sustained attractiveness lies in the market’s various unique value propositions, including its intense focus on innovations and technologies and decisive and rapid actions against COVID-19.”
A real estate bulletin issued by Dubai Land Department (DLD) shows that 6,021 real estate transactions worth AED21.8 billion were recorded in May 2021. This is a huge rise of up to 197 percent compared to May 2020 and an increase of 35 percent compared to May 2019. The growth for property for sale in Dubai is expected to continue, especially until the end of Expo 2020.
Thanks to its investor-friendly policies, Dubai has become a popular choice for both local and foreign investors. Whether you have apartments for sale in Jumeirah Village Circle or you are investing in other businesses now, there are several real estate investment opportunities that you may investigate.
Additionally, the UAE has also made some adjustments on foreign business ownership and investment, making Dubai an ideal location for the mega-rich who own global businesses and are looking to invest or start a new business in Dubai.
Investing in 1 Bedroom homes for sale or 2-bedroom apartments for sale in Dubai Marina and other top-value communities may bring in more profit than in other communities.
Businesses that employ new staff to work on-site are also contributing to the growth since many of them prefer to relocate closer to the workplace. If you have previously invested in rental properties or have a 1-bedroom apartment for sale in Business Bay, you may find an increase in sales, as well as an increase in rental earnings if you are renting some properties.
If you are new to investing in real estate properties, you may get in touch with one of our experts at Rocky Real Estate whose expertise and experience can help you obtain the best return on your real estate investment. They can also help you find a residence, office space, or freehold property in Dubai.