Ahead of the live Cityscape Global exhibition in Dubai next month, leading developers are forecasting a steady recovery in the real estate market due to a promising interest from resilient investors, brokers and homebuyers for luxury properties.
The Dubai real estate sector has witnessed an upward trend in the rental market in Q3, 2021, with an estimated 14% increase in affordable housing and up to 30% increase in luxury housing in selected areas.
Qatar’s property market is seen moving from a rental-based to a sales-based economy amid government incentives that attract both local and international investors, Cityscape Group Director Chris Speller has told The Peninsula.