Some communities in Dubai are gaining very much popularity during the month of April 2024. Developers like Binghatti Developers, Damac Properties and Emaar Properties are working on luxurious properties like apartments and townhouses in locations like Jumeirah Village Circle(JVC), Damac Lagoons, and Emaar South.
People from other countries like India and Europe are buying new houses in Dubai, where Indians are at the top spot. In other countries, people like Chinese and Russians are also among the top buyers of properties in Dubai.
The communities that are filled with greenery and water bodies are very much liked and demanded by the buyers and investors also. The swimming pool area becomes the main attraction of a housing property, which is why people look for houses that come with a pool area. Binghatti Phantom is a good example of a project that comes with a pool for every apartment, whether it is a 1 bedroom, 2 bedroom, or 3 bedroom, which is very cool for a cosy property. These types of properties are found in the prime location of JVC in Dubai. JVC is already very popular for its studio apartments.
Now let us see what are the benefits of a green community like Emaar South. Some professionals in Dubai Housing expect that the south part of a city like Dubai will see more developments in the future. Countries like China are investing a lot in making some commercial buildings in this part. So, there is also going to be more employment in South Dubai. People from other countries are going to come here for jobs. For that, they need some beautiful places to stay, like townhouses in Emaar Greenway, where people can enjoy a good life. The properties launched by Emaar are normally sold out very quickly.
Damac Properties is also very popular in the luxurious property market of Dubai because of its beautiful making and world-class amenities, which has also helped in a huge number of sales of properties built by Damac. The newly launched properties like Damac Lagoon Views 2 at Damac Lagoons, which is being built in the style of a Lagoon, are now attracting a lot of people who are looking for a home and investors who are looking to own a house that can give good rental incomes. This is the new phase of an already successful project called Damac Lagoon Views.
Every community in Dubai has its own style to match the taste of its buyers or people who are going to live there. This gives the buyers a new choice to own a house that they have dreamt of. The connectivity in Dubai is another reason for the huge demand for properties in the popular communities because the roads are wide and connected to other important locations in Dubai. The transportation facilities are also very good and lavish where people from other countries come to Dubai to experience the transportation like monorails, taxis and beautiful trams. There are also going to be more hotels and restaurants in Dubai’s top communities.
In 2023 there were huge sales of townhouses in locations that are close to the golf areas of Dubai. This is because golf areas are filled with greenery and provide an open view of the surroundings. If the place has some pools, then the chances of selling properties there increase a lot. People love to live in a house that is close to the greenery and swimming pools where they can enjoy time with their family or friends, and golf fields can give them a peaceful environment. These types of communities are good for golf lovers who want to enjoy golfing.
The properties that were launched in 2024 are being sold out within a few days, which shows that people from other countries are now looking to Dubai for property investment and to own a second house in a prime location. Quarter one of 2024 is also looking very fantastic for real estate in Dubai, and popular developers are working on new projects because most of the properties launched earlier are liked very much by their buyers and others who were not able to book one or missed the opportunity are also demanding new properties at the same location. The reason for such a huge demand for housing properties is the easy payment plans given by the builders.
The property market in Dubai is still showing an upward demand for housing properties in some of the communities like Emaar South, Damac Lagoons, and JVC. The investors from other countries are buying properties that are available with attractive payment plans which makes it a good deal for them. By the month of April 2024, studios and apartments properties are being sold at huge numbers but other expensive properties like townhouses and villas are also in the race.
