- News
- Increase in prices for the purchase and rental of residential property in Dubai and opening of 166-room hotel by Mövenpick Hotels & Resorts
In Q1 2022 prices for the purchase and rental of residential property in Dubai increased compared to Q1 2021
Purchase prices: Villas – by 40% Apartments – by 22% Rental prices: Villas – by 25% Apartments – by 14% According to the consulting agency, Asteco. Areas leading in the growth of purchasing prices: Apartments Palm Jumeirah – by 50% JBR – by 35% Villas Jumeirah Park – by 63% Palm Jumeirah – by 56% Areas leading in the growth of villa rental prices: Dubai Hills Estate – by 48% Arabian Ranches – by 47%
The most expensive villa in Dubai Hills was sold for $34.8 million
Dubai Hills Grove Plot area – 3,950m² House area – 3,169m² Benefits:
- 7 Ensuite bedrooms
- Rooftop swimming pool
- SPA
Swiss hospitality chain, Mövenpick Hotels & Resorts, has announced the opening of 166-room hotel in Dubai
Jumeirah Village Triangle Features: water park, swimming pools, kids club and panoramic views of the Dubai Skyline. Sources: Zawya, Khaleej Times
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