Romanians Bought Apartments of AED 272 Million In Sobha Dubai
Dubai real estate is on the rise and attracts investors & home buyers from different parts of the world, recently Romanians bought apartments for AED 272 Million.
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Dubai's real estate market is in expansion mode, this has led to an increase of 61.7% in real estate transactions over the past year, which is a really impressive figure for any country or region. There are many reports & statements released by real estate developers to validate this statement. Recently, Sobha Dubai real estate developer confirms that “Romanians bought apartments for AED 272 Million, in the first 7 months of 2022.
According to the real estate investment experts in Dubai, “As you know that there are lots of reasons behind the rising demand for residential properties in Dubai like affordable property price, zero percent property tax, modern infrastructure, and different types of visas. But inflation & geopolitical context are the latest add-ons, that showcase Dubai as the most secure city in the world.”
July 2022 was the best month for Dubai real estate with a total of 3,600 monthly transactions, this figure was 138% higher than July 2022 and they also reached the highest transaction value in the last 13 years (about AED 203 Billion), compared to the same period of previous years.
According to a popular property listing website in Dubai, “in the first 7 months of 2022 apartments’ average price in Dubai went up by 7% and will continue to rise, especially off-plan residential developments that are going to deliver in next 3 - 4 years.
Other Exclusive Projects In Dubai For You to Pick:
Sobha Hartland
Sobha Hartland is the name of the community where Romanians have recently bought apartments. There are many enticing features in this community to attract buyers from other countries like Romania and Russia etc. Some of the best features are:- 40% area is dedicated to green, 1.8 km long private beach, restaurants, coffee shops, a gym, swimming pools, and schools etc.
Starting price of apartments in Sobha Hartland Dubai is AED 975, 000 and 2 Bed Apartments are the best-sold sizes. You can choose a 20:80 payment plan (pay 20% now and 80% on completion in 2023). Most Romanian buyers prefer the larger size of 3 & 4 Bedrooms. Now Sobha Realty is going to launch a new residential project Sobha Avenues Dubai at Falconcity of Wonders with options of 5 Bed Villas & Townhouses.
Dubai real estate is rising and it is a win-win situation for the real estate developers & investors/home buyers. There are many records & surprises on the way.
