- News
- Growth of Dubai’s secondary property market due to European investors and approval of a 3-year Courts plan by DIFC
Dubai’s secondary property market is growing due to European investors.
From February to March, prices for secondary real estate market rise up by 15% as demand exceeded supply. The largest number of investors from such countries as:
- France
- Germany
- Italy
- UK
TOP areas for sales:
- Downtown
- Dubai Creek
- Dubai Marina
- Palm Jumeirah
The Dubai Government has approved $1.7 billion residential package.
This includes housing and land allotments for 4,610 Dubai citizens. It's part of the Emirate's housing program.
Financial centre, DIFC, approved a 3-year Courts plan.
The goal is to bolster Dubai's position as a global business and financial centre. The plan consists of 28 projects, including the creation of:
- Digital economy court
- Online courts
- Departments for intellectual property rights
- Deposit centre, etc.
Sources: Zawya, The National News, Arabian Business
More about real estateAx Talk
Discover the insider knowledge of Dubai real estate from our agents: expert analysis and in-depth information on the city and its property market.
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
Find your dream home in Dubai with our curated selection of real estate properties, chosen to suit a range of lifestyles and budgets. Explore our catalogs and start your search today.
All catalogs
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