Dubai a city of innovation and new developments has shown its progressive side in every sector and out of them real estate is one of the major developments that have pushed the boundaries by inviting people around the corner to be a part of this futuristic city that has infused every level of comfort in the process of buying with 100 per cent ownership, easy buying process and more.
Now for Deep Look Here You Will Find Out Dubais Current Real Estate Highlights 2024
- More than 41,641 off plan units are registered that showcases the great development and availability where the keen buyers can find their ideal choice that too within the budget, this number is also showing the demand for real estate where new buyers are adding up to buy property in Dubai. And along with this, heaps of options make it easier for the buyers to pick the best property type that fits in the modern choice, and for this, there are more than 200 communities in Dubai that gives plethora of options.
- As far as ready to move options are concerned, more than 25K units are available in Dubai and it is great for those who want to move to this place as soon as possible, and as you known there are different benefits of buying a ready to move property, so this way, these available options give you leeway to pick the one that fits in all the requirements.
TYPE |
AVAILABILITY |
Apartments |
19,072 |
Townhouses |
3,169 |
Villas |
2, 453 |
- In fact, even the demand for office space makes Dubai a place for business too where it welcomes people to come and start the ideal business, and space is never an issue as Dubai a futuristic city has well defined set up for business, and the increase is 25% more as compared to its previous year.
- Push in the number of Dubai’s population where it has increased by 2.3% in 5 months, and this has a direct impact on the real estate where the demand for the properties is going to push the builders to unveil more projects so that the high availability manages to reside the new generation.
- And tentatively, year on year, the appreciation of Dubai’s properties is 18% that allures the investors around the world to be a part of this place where along with the great appreciation, the affordability also allures the buyers to be a part of Dubai that is manageable in terms of buying a property, quality livability and more factors to make Dubai a smart spot for profitable investment.
- Top areas/communities in Dubai that are quite popular because of the demand, being self sufficient, high return value and comfortable surroundings with all facilities around, so this way it turns out to be the best locations to consider in Dubai if you are planning to buy a property for personal use or investment, so here comes the list of top notch communities in the heart of Dubai
COMMUNITIES |
ROI% |
Jumeirah Village Circle |
13.39% |
International City |
8.66% |
Dubai Sports City |
25.57% |
Dubai Marina |
13.35% |
Dubai South |
8.66% |
So these are some of the communities that a buyer can consider as it features many advantages where one of them is the return over investment (ROI) that is considered as the main highlight to fetch the attention the new buyers.
And rest, these are many more communities where one can find more options with different living set up and other benefits that meets the requirement of today’s generation who needs an all rounder property that is benefits at every stage of life.
TO END IT
Keeping the above data about Dubai current real estate in mind, it makes this city a good option for property buying where even tourism is one of the aspect to boost the demand for real estate, and other than this, as a suggestion, if you want to play safe, then always go for small size property be it a studio or 1 BR apartment because they are manageable, affordable and ensures high ROI.
So this way if benefits from all the sides and keep the level of risk lower, but, yes, on the other hand, if you want to go for big size home, then surely you can go for it to experience the modern side of living where villas & townhouse are some of the great options to put into your bucket list.