Dubai Real Estate: Payment of property attacked $ 11.54bn in August as employers switch to purchase
Dubai’s property settlement market see that employers say that they have hired home purchases, by a property accessing to AED42.4 billion, according to Engel & Völkers Middle East report.
The structure company foretells that 22 percent increase in second-month sales in eight months of 2024, which indicates growing self-esteem between Dubai as a lasting place.
Family and specialists are driving the change, they want property ownership to build equality, safe stiffness, and avoid the cost of rising rising.
Dubai Secondary Property Procers SURGE 22% As employers choose to buy homes
“For many employers, Identity is no longer desirable; it’s a long-term safety order and creating a price, said Engel & Völkers Middle East.
Dubai recorded 17,879 property transaction costing AED42.4 billion in August, representing the increase of 17 percent with volume and 12 percent of the Internet.
The best plans sales are governed by the market, up to 25% year year and calculated about three quarters of everything done. The second market kept Momentum driven by the NDIBRIRIRI.
Family homes of households led to the growth of a four-room property of 70 percent and five lodges or larger areas of 63 percent compared to the past year compared to the previous year.
Price prices continue with high movement, access AED1,664 on a square foot in August according to the monitoring of monitoring, marking the increase of 16.3 percent.
Villas received benefits to life’s communities including percent of years (+37.0 in the second year), Dubai Hills Estate (+233.2 percent of the year). Rooms recorded in areas including Jumeirah triangle (+29.3 Cent annual) and the year of Jume Refage Circle (+17.0 percent each year).
Rental harvests are always 6.76 percent of August, with a 7.12 percent of 4,92 percent of 4,92 percent. These harvesting harvests include the London (3-5 percent), Singapore (3-4 percent), and New York (5-7 percent).
The harvests are supported by the growing number of Dubai, the formation of a new company, and limited provision of hiring stock.
Hiring volumes refused 4 percent to date, with new contracts that cross 14 percent during the renewal of 2.6 percent. The Luxury Segement Saw villa is double numbers as families have chosen by hiring.
Look for UAE residents and international consumers from Europe, Middle East, and Asia. Indians, British, Germans, Egyptian and Chinese consumers remain working in illegal purchases, and residents called the marketing market.
Revitionages payments are supported on loan-to-level ratings of 70-8-80% and interest rates around 3.9 percent. Money transactions and the engineering programs continue to drive with good sales.
“The Dubai Market Today is deducted from two powerful energy: A strong investment flowing in the back project projects and clear variations between domestic citizens and the growing number of long-term residents set down roots,” said Hadi.
Angel & Völkers expects Momentum to continue with the last quarter of 2025, with illegal sales, payment and international design strategies, while markets for sale, as well as employee changes.
“Dubai’s asset is no longer in respect of temporary investment cycles. It is increasingly the citizens that choose to establish roots here – the long term. This concludes a valuable.
