Real Estate In Dubai For Sale Rose Up In The Second Quarter This Year


Following consecutive years of falling prices and transactions at a standstill, the real estate in Dubai for sale did pick up in the second quarter of 2017. A slowdown of its real estate market due to the plummeting crude oil prices at that time occurred in mid-2014. Since then real estate analysts in the emirates have said that the market had shifted and improved especially in the luxury market. Real estate prices have increased for three straight quarters signaling confidence in the market and providing a positive outlook for investors in the real estate industry. If you have plans to get into luxury property sales, now is the ripe time to do it.

Why Start Investing Now?

You should know that sales volume of prime real estate houses in this year’s second quarter have risen to 9% compared to last year’s second quarter. The uptick of volume and prices constitute a mature and stable market with growth expected to continue for the rest of the year. Whilst development projects for more luxury estates are still on the way it is indeed worthwhile to start investing in such prime properties. The quarterly figures showing ongoing positivity hint at a brighter business prospect in the luxury real estate sales. If you are indeed ready but do not know where to start, the Dubai-based and well-recognized real estate company Zawaya Property are into luxury property sales. They can provide suggestions that can aid you in this opportunity.

What Are The Best Real Estate Choices At The Moment?

Amongst the real estate for sale Dubai properties, there is a growing interest in villas right now that you might want to cover. Whilst the sale of apartments still get the larger slice in the total percentage, transaction volume for single-family mansions are also up. Just to give you an idea the two most expensive transaction sales in Dubai from April to July are both villas. The two villas were sold at Dh 90 million and Dh 84 million respectively. Investing on the mentioned type of property is your best choice although you can also focus your attention on selling apartments due to their vast majority of sales. The important thing that will matter regardless of your choice between apartment and villa is that you are getting a profit from either sales. Take your time and think it through or better yet, make further enquiries to help with your decision.

If you are interested in buying property in one of these real estate projects you can get better advise from one of Dubai’s well-known real estate company. Zawaya Property will be glad to bestow their seasoned, real estate experience to assist you in your business venture.


Tags: real estate for sale Dubai, real estate houses, real estate in Dubai for sale 

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