- Buy21,795 / sq ftAvg. price (1 bhk)
Dubai South Property
Property price trends in dubai south
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- The vibrant real estate destination of Dubai south is steadily gaining popularity. It is evident from the fact that it has become one of the top five residential areas in Dubai. Considering infrastructure here is improving, this is not surprising.
Indians Invest Dh8,840 Mn in Dubai Real Estate Market In 2018According to a report published by the Department of Real Estate Studies & Research, Dubai Land Department (DLD), with an investment of over Rs 16,800 crore, Indians have emerged as the largest foreign investors in the city’s real estate sector in the first nine months of 2018. The prime factors attracting Indian buyers to the Dubai real estate sector include active promotion by Dubai-based developers, technological access for buyers through online portals, ease of property registration, assured capital gains, high rental yields, tax-free returns and affordability.
Is Oversupply Harming Dubai Realty?Despite various significant initiatives and broad-based recovery in oil prices, property prices in Dubai are under pressure mainly due to rising volumes of supply. Also, with transactions running at approximately 25 per cent lower rates on a year-on-year basis, launches by developers have also slowed down.
Luxury Property Are Back As Dubai Buyers’ FavouriteConsidering the property price difference between general and prime properties in Dubai is widening, experts believe that it is a sign of rebound for luxury properties.
Dubai Realty Set To Make A Comeback In 2019There has been a positive shift in Dubai’s realty market in the year 2018, despite the fact that sales volume remained soft. Experts believe that the momentary pause in the year will lead to a stronger 2019. Will 2019 be a comeback year for Dubai realty?A look into the transactional activity of off-plan and ready units reveals that the market was fairly balanced in 2015; this changed dramatically...