Significance In Dubai Real Estate Market
The current property transactions in Dubai are showing that even though the mid-priced properties have still had huge numbers for the past few months foreign buyers are also purchasing high-cost or costly luxurious properties in the posh locations of Dubai like Palm Jebel Ali , Dubai Marina, Downtown Dubai, Uptown Dubai and more. The housing in Dubai is continuously developing and implementing new trends and technologies. The big builders working in Dubai are all set and ready for the coming few years with their several new and off-plan housing projects which will have all the latest amenities and exclusive services for that particular project only.
One of the reasons for such a high number of sales in lavish properties in Dubai is because of its high ROI (Return On Investment) and better resale market where the investors who have purchased projects firsthand directly from developers easily sold their properties with good appreciation from its previous pricing. So, it can be noted that the demand for resale and rental properties. which is one of the plus points of Dubai Housing .
The projects that are built by Ellington are situated in green locations having beautiful gardens.
There are also new launches of commercial hubs near popular housing properties making it a hub of mixed communities where working, shopping, and living is a breeze of fresh air. The government of Dubai is also working on establishing Dubai as one of the new commercial hubs of the UAE by making new flexible and attractive rules to lure more and more visitors and buyers from other countries of the world. The trend of waterfront houses is already picking up the pace of getting more interested customers who are willing to pay the EOI (Expression Of Interest) amount even before the launch of the project and Mercer House is among them.