How are the Market Trends?
- The study found out that the secondary market of luxurious properties are doing very well in the year 2024. But one thing to notice is that the resale of extra luxurious properties whose prices are more than AED 10 million are showing some flat numbers after several years of huge growth and more market activities.
- The pricing of rents are also climbing a lot and the availability of mortgages are becoming more easy to get. This is a good change which is being seen as more and more renters are now looking to own a house in Dubai.