Dubai offers good conditions for property buyers.
Position | Dubai, United Arab Emirates |
Attractive property prices due to moderate declines, pro-active government measures, a maturing market, and renewed interests from first time home-buyers as well as investors appear to have given Dubai's real estate sector more reasons to be upbeat in the fourth quarter, according to property experts. A steady but slow return to vibrancy is also discernable across the market, which is reflected in the Dubai Land Department's (DLD) report which confirms that the value of real estate transactions in the emirate has grown by 12 percent in 2019 compared to the same period last year. As per Bayut's latest Q3 2019 market report, Dubai's property market presents good conditions for buyers, investors and renters in the final quarter of the year.
While luxury and suburban areas gain traction with home buyers and investors, tenants are taking advantage of favourable prices to upgrade to established neighbourhoods "Communities such as Palm Jumeirah, Dubai Marina...
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