Billions of investment in Dubai realty as a market surge is confirmed by DLD
Dubai Land Department (DLD) recently released data about the past 8 months in Dubai realty and the numbers have rapidly surged.
During 900 transactions, worth more than Dh12 billion (£3.27 billion), 1000 investors received their properties in Dubai. In fact, 47 brand new projects were introduced to the market, demonstrating investors’ interest in Dubai property.
It’s important to note that all 47 projects were delivered on time, according to their set timelines as the quality of the developments has risen significantly in the Emirate.
“The success of delivery of the 47 completed projects reflects the interest and commitment of developers who are working with the highest levels of integrity and transparency with investors. We seek to consolidate these values in our real estate market, and observe that these projects are characterised by their diversity that help meets the demand for different types of units and avoid excess supply in any category,” said DLD director-general Sultan Butti bin Mejren.
Undeniably, Dubai is the preferred international investment destination that HNWI chooses to relocate their assets in or grow their portfolio. As the effect of good momentum is spreading, 14,000 different properties were introduced to the market. Among them, there were 10,000 apartments, 364 residential complexes, 2,258 townhouses, and 1,575 villas, all of which showcased commitment from the developers and timely delivery.
“Investors agree on a number of different interests and trends related to the Dubai real estate sector. The attractiveness of the market is based on a number of unique factors, especially the high guaranteed returns, the continuous rise in property values year after year, and the Emirate’s ideal environment for living, working, and visiting, making it a high-level investment option,” Bin Mejren added.
Copperstones has recently expanded to the UAE and more specifically in Dubai, adding numerous prestigious projects to our portfolio. At the moment we cater to both the needs of end-users and investors who are looking for a luxury home in Dubai. For more information regarding exclusive opportunities in Dubai realty, contact us on +44 203 888 5555 and 08 445 555 555.
Please submit your enquiry and a member of our team will get in touch with you soon.