Mirdif, Akoya Oxygen, and JVC all reported high demand for affordable villas.
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The Dubai real estate sector saw a 74.77 percent increase in sales transaction volume when compared to 2020.
According to ValuStrat research, prices and rents for villas in highly desired prime locations could exceed 2014 peak levels.
The Dubai real estate market is showing all the signs of a steady recovery after surviving a three-year oil price slump and a global pandemic slowdown.
According to a Reuters poll of property analysts, Dubai house prices will rise at twice the rate predicted three months ago, driven by foreign investor demand and improving affordability.
Employees of international corporations can now apply for Dubai's new five-year multi-entry visa.
The Dubai Crown Prince also approved giving first-degree family members priority in the allocation of residential land plots and housing units in the same residential area.
DUBAI: Dubai villa prices soared in August, with double-digit increases in premium residential districts of the UAE city.
The most expensive transaction took place on Palm Jumeirah, where a villa was sold for Dh37 million.
The most expensive transaction took place on Palm Jumeirah, where a villa was sold for Dh37 million.