Dubai market to maintain the world's fastest growth rate

Dubai market to maintain the world's fastest growth rate

  • News
  • Dubai luxury property market to maintain the world's fastest growth rate

Dubai luxury property market to maintain the world's fastest growth rate in H2 2023

– According to the research company, Core.

Prime property sales prices are expected to rise by 5%–10% in H2 2023. It will drive the capital values of the mid and affordable units.

The recently launched prime properties include:

  • Bugatti Residences by Binghatti
  • Como Residences
  • Six Senses Residences the Palm

TOP 3 cities for capital value gains:

In H1 2023

  1. Dubai
  2. Mumbai
  3. Cape Town

Forecast in H2 2023

  1. Dubai
  2. Singapore
  3. Bangkok

9 real estate projects worth $1.1 billion were completed in Dubai in H1 2023

According to Dubai's Land Department (DLD), 392 real estate projects are currently developed.

A developer, Union Properties, announced a net profit of $4.8 million for H1 2023

– Compared to a net loss of $3.3 million in H2 2022.

The net profit for Q2 2023 rose to $1.47 million.

Telegram channel
Expert Real Estate Insights

Discover the insider knowledge of Dubai real estate from our agents: expert analysis and in-depth information on the city and its property market.

AX TALK
AX TALK

Listen to podcasts from our real estate agents and stay up to date on the Dubai property market: latest news, expert advice, and more.

all podcasts
AX Blog
AX Blog

Stay up to date on the latest trends and developments in the Dubai real estate market with our informative articles. With insights and advice from industry experts, our blog is a valuable resource for anyone interested in the Dubai property market.

All articles
Prompt consultation

Fill form below and our agent will contact you shortly

Or contact us right now via WhatsApp