- AX TALK
- 3 key trends and 8 reasons for the real estate market growth in 2021
Jan 27, 2022
Aram Grigorian
Senior Property Expert
Why Dubai real estate market has grown by 100% in 2021
In 2021, the emirate's housing market broke sales records of the last 7 years. Dubai is one of the few metropolitan areas in the world where residential real estate can be purchased within a few hours after the start of sales. Prices and demand are rising here for all types of properties. What factors have influenced the 2021 market the most and what attracts thousands of investors to Dubai? We discuss 3 main trends and 8 reasons for growth together with Ax Capital expert Aram Grigoryan.
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Timeline
01:12How much have prices increased
01:56Villas VS Apartments – who won?
02:40The most anticipated event in Dubai since 2013
03:26Pandemic as a catalyst for a massive move to Dubai
04:15Is it possible to obtain UAE citizenship if you are not a sheikh
05:23New type of resident visa
05:46100% business ownership for foreigners
06:14Dubai Government's ambitious plan
06:55Why buying real estate is more profitable than renting
07:22Recipe for investment attractiveness of the emirate