Dubai has turned out to be a top destination for luxury property investment for both the end users and top investors serving way bigger ROI and rental value, if you are looking for luxury property investment in Dubai, then check out the data below.
Whenever you hear Dubai, what do you expect? On the top of Burj Khalifa, fitting yourself into Dubai frame and everything you can imagine as a tourist, but the story is completely different where now it brings attention to the luxury segment in Dubai where a total of 69.5B AED sales value recorded the highest value for the first time.
And the top performing areas- Business Bay, Dubai Marina, DAMAC Lagoons, JVC, and Downtown served high investment ROI, and maximum sales have been witnessed in the mentioned area because of its an impactful location where the top builders such as EMAAR, Sobha, DANUB, Nakheel and more have a strong niche in the market where you can completely trust them and meet the futuristic development.
Investors and home buyers both have found this place beyond just the tourism and this is because Dubai is up to 5 times lower in sale value where it fetches the attention of the buyers to meet lucrative investment deal that comes within the budget, serves maximum ROI and good rental value every month.
London, Singapore, London, Hong Kong, New York, Paris, and more places are comparatively higher in price.
And with the overall downfall in the world after the pandemic, the Dubai government added strenuous efforts to meet the new requirement and create a proper pathway to connect global investors, so to support this, Golden Visa, Emirati Sponsor, 100 percent foreign-owned businesses, demands for more space and more reasons have escalated the sales value of the luxury property.
So these are the most luxurious properties sold out this year and more developments are taking place to improve the availability rate and let the investors come across the most profitable properties that hold enough aspects for real estate investment where ROI and better average rental make it a lucrative deal.
Now in case if you actually plan your investment, then the below data will address the exact figure.
So above places offer you the best of the best apartments where you can find different range units such as studio, 1, 2, 3, and 4-bed apartments based on different themes and facilities to have an ultra-luxury living experience in Dubai.
And apart from this, there are lots more communities in Dubai that offers wide range of properties with the affordable investment opportunity for those who wants to be a part of Dubai but is having limited budget, and it is recommended to buy a studio apartment because they are considered to be the lucrative type of property with higher ROI as Dubai brings more tourism, so this way the demand for small units are higher than the bigger units.
Rest for the end user they are lots of luxury segments that gives them high luxury experience with its capacious room size, series of modern amenities, advance security system and better location, so this way one can live better and stay content.
With the above data and total property sales transactions which is 25,503 in the 3rd Quarter 2022 it seems that the Dubai market continues to attract foreign investors where the luxury segment will standout, so this makes the right time to buy luxury property in Dubai, and those who are still looking out for safe haven for investment, then this turns out to be a matured place for investment.
And surely you will be glad to know the total sales for off plan properties in 3rd Quarter 2022 came out 13,869 whereas for ready to move property it is 11,635, so the data showcases more demand for off plan property where it comes with better benefits.
Luxury segment worked perfectly in a way to offer the most luxurious lifestyle, but if you have a different budget, then there are alternative options too which would easily fit into your budget.
And for this, it wouldn’t be possible to find out the right property for investment, so companies like Dubai Housing takes the challenge to bring the sort after option for you where 100% assistance and their guidance help in finding out the lucrative investment option.
Better not to miss the investment opportunity because it worked better for both the end users and investors where its good rental value ensures great income and Dubai being a tourist place will never fail to deliver its profits.
We hope that you meet your dream investment that ensures you all benefits and other than this, you have way bigger benefit from this top tourist destination in the world which is now beyond Burj Khalifa and beaches.
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