ValuStrat informs that sales of off-plan houses almost doubled over the year. Experts report that it is the cottages under construction that seem to be the most attractive to investors. Luxury houses with a large area show especially high demand of all the category of low-rise residential properties on the market- these are townhouses and villas with 3 or more bedrooms located on the first line.
Analytical agency ValjuStrat calls the exact value of the increase: over the last year it was 94 percent. This incredible increase is due to the 2020 pandemic-related market crisis.
Experts name several areas where residential real estate has shown a particular increase. These are Jumeirah Village, Jumeirah Lake Towers, Meydan One, Dubai Harbor.
The most expensive of the sold objects is also distinguished - it was a villa on the island of Palm Jumeirah, sold for 105 million dirhams.
