The Betterhomes Residential Market Report showed Indians topping the nationalities list in the June and September quarters - up from No. 2 in the first quarter when Britishers led the field - in the purchase of new homes for end-user demand or investors seeking better yields and Golden Visa eligibility. Indians have consistently been among the top five homebuyers in Dubai.
W Capital, a leading real estate brokerage in the UAE, won the “Best Real Estate Broker Award” for the “Shaima Avenue” residential project in terms of sales value.
The real estate market in Dubai is experiencing robust activity nowadays, especially on quality projects that meet UAE buyers and investors’ aspirations and huge demands. This was revealed by Islam Ahmed Suleiman, CEO, Reportage Properties to the media on Wednesday. He mentioned that his company has announced
Graana.com bags 'Best Companies Award 2022' at Dubai's Realty 2.0 conference dailytimes.com.pk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dailytimes.com.pk Daily Mail and Mail on Sunday newspapers.
Dubai realty turning into seller s market?
Photo: Wam
Buyers signing on dotted line a lot quicker than they previously would have on fear of missing out on a property they like
Is Dubai’s realty sector making a dramatic transition to a seller’s market despite the lingering headwinds of the pandemic-induced economic slowdown? Property pundits say they are witnessing such a shift with the ratio of buyer enquiries far outstripping new supply.
“Ready properties of high-quality finishes that are kept well are in high demand and with so much competition from buyers at the moment, we are seeing undersupply issues leading to property price increases,” property consultancy company Allsopp & Allsopp says.