Welcome to Dubai, a vibrant city that captivates newcomers and seasoned investors alike! If you're new to Dubai and curious about the real estate market, we understand that it might seem overwhelming or confusing. However, we are here to provide you with some valuable insights to ease your way into this dynamic landscape.
Dubai's real estate market is characterized by its rapid pace and constant growth. Today, the city has reached a mature stage, boasting robust regulations and protections that have been implemented in recent years. As a result, the quality of the Developers and their projects has continuously improved, ensuring a secure investment environment.
On average, there are approximately 10,000 sales transactions each month, offering you a plethora of opportunities. Among these transactions, around 7,500 are for apartments, while roughly 1,500 are for villas. The remainder is dedicated to lands and commercial buildings, such as shops and hotels.
Interestingly, a significant portion of these sales (about 50%) are made through off-plan projects. In some cases, investors purchase properties that are already in progress, while in others, they buy directly from developers during the launch phase. Rest assured, our team is here to assist you regardless of your preferred approach.
When it comes to finding the best investment strategy, there isn't always a definitive answer. Opportunities abound in both off-plan projects and properties initiated by other investors. However, buying directly from developers during the launch phase often proves advantageous, as it typically offers the best prices per square meter. Moreover, as the property approaches its delivery date, the potential for value appreciation increases significantly.
Speaking of value appreciation, it's not uncommon to witness growth rates of 20 to 30% over a span of 2-3 years during construction. However, the most substantial leap in property value usually occurs around the handover or delivery period. Many investors, comprising the other 50% of the market, prefer to purchase newly delivered properties despite knowing they may pay a premium compared to the original buyer.
With numerous projects being launched every month, Dubai's real estate landscape is teeming with opportunities. Notably, the price range of 5.000 to 12.000 USD per square foot accounts for about 80% of the market, making it an attractive segment for investors like yourself.
At Corsa Real Estate, we are committed to guiding you through the entire investment process. Whether you're a first-time investor or an experienced one, we tailor our services to meet your specific needs and preferences.
Feel free to contact us to explore the diverse investment opportunities that await you in Dubai's real estate market. Let's embark on this exciting journey together and turn your dreams into rewarding realities. Visit our website for more informations !
