In terms of volume and value of real estate sales, May 2022 in Dubai saw a total of 6,651 transactions worth AED 18.3 billion (USD 4.98 billion), making it the best May in 13 years.
real estate market
In May 2022, Dubai's property sector recorded a total of 6,651 transactions worth AED 18.3 billion (USD 4.98 billion), making it the best May in 13 years in terms of real estate sales volume and value.
The move will change the future of real estate and make it easier for investors all over the world.
There is still enough demand for $10 million homes in Dubai from the world's wealthy.
Rents for villas and apartments in Dubai will continue to rise this year, but at a slower rate.
The combination of increased supply in Dubai and increased short-term rentals will keep the market from collapsing.
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.
DUBAI: Dubai villa prices soared in August, with double-digit increases in premium residential districts of the UAE city.
The residents of Jumeirah Village Circle enjoy the bustling serenity of Dubai Metropolis. Check the amazing feats of JVC and why you should invest today!
The Property Finder gives credit to the government after new policies boosted Dubai real estate. Expand your knowledge about Dubai real estate market!