Investment in the Property Market
Now the investors from all over the world are more interested in buying properties that are available off-plan for sale. The properties that are going to be delivered in 2024 are seeing a huge price rise and a lot of buyers are looking to buy houses that have more amenities with smooth connectivity. The properties that are launched in 2024 are getting a lot of demand from local people also. The pricing of properties that were given to the buyers last year are now seeing a price rise of around 12 percent which is fantastic for a period of one year. More and more tourists are coming to Dubai to spend holidays with friends and family because of which the requirements for rental houses in Dubai has also increased.
The property prices that are located in popular neighbourhoods are increasing in the year 2024. But another thing to look into is that some luxurious properties which are costing more than AED 2 million are seeing less demand and sales. So, it is good to take help from the professionals like in Dubai Housing. The market changes are one of the important things to look for to get good offers in properties or to know when to sell or buy properties. Some builders like Sobha Realty are going to give a lot of properties for different needs of the people. The rich people are buying luxurious properties that can give good returns and rental yields. This shows that a lot of people are coming to Dubai for work or for holidays.