Buoyancy returns to Dubai realty
issacjohn@khaleejtimes.com
Filed on April 27, 2021
In March, with a rise of 1.3 per cent to Dh873 per sqft, realty prices have recorded the first year-on-year increase since February 2015.
— File photo
Transactions during March were at a 10-year high as strong market growth continued, Property Monitor monthly market report said
The Dubai property market continued to strengthen in Q1 2021 to record the first yearly price increases since 2015 while displaying new and promising markers for growth each month.
In March, with a rise of 1.3 per cent to Dh873 per sqft, realty prices have recorded the first year-on-year increase since February 2015 while confirming the strong reversal of the downward trend of recent years, according to Property Monitor.