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Astonishing First Quarter, 2021 for Dubai Real Estate

Astonishing First Quarter, 2021 for Dubai Real Estate

The perfect time for property investment!

Dubai’s real estate market has reported an astonishing first quarter, with the growth witnessed in first time buyers.

This is due to the sudden price drop in the ever growing Dubai market, due to the pandemic. The Investors are now able to purchase prime properties at a great value.

The Domestic Brokerage has generated 50 percent of its annual revenue reported during 2020 in the 1st quarter of 2021! 

Despite the pandemic crushing most businesses in 2020, the Real Estate market has generated a 19 percent increase in growth than the Year 2019. Apart from investors, even end-users are seen purchasing second properties as investments, seeing the potential of modern and luxurious communities.

The UAE’s resilience throughout the pandemic and its future plan for growth and advancement has led investors from overseas to take interest in buying properties. 

A Domestic Real Estate Quarter 1 Property report highlights a whopping 82 percent increase in the sales transaction! 

The market prices are slowly on the rise, indicating a growing trend. Property still being sold at great value, new projects being launched every week and the Expo 2021 drawing near make this the best time to enter the Real Estate market.

Contact us Now to get in touch with our Property Experts at info@rsdubai.com

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Rahil Choksy

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