It is expected that following the results of the first five months of 2022, transactions with villas and apartments in the amount of 61.9 million dirhams will be registered in the Dubai residential real estate market. This will happen despite a record surge in global inflation.
Real estate consultant Knight Frank believes that the impact of global inflation on the UAE economy and the Dubai residential real estate market is likely to be limited for the time being due to effective government measures.
The relative positive dynamics in the economy is reflected at all levels of business activity in the country. At the same time, the latest business activity Index (PMI) data for the most important non-oil sector, the UAE remains stable at a 12-month high in April 2022.
Currently, buyers of villas and apartments with mortgages account for only 18% of the residential real estate market in Dubai. In 2021, this figure was approaching 40%, and in 2007, slightly more than 50% of transactions were financed.
Distance to the sea: 100 mCompletion year: II quarter, 2020, off-plan Mohammed Bin Rashid Al Maktoum City District One - Dubai - UAE
Business Bay
3200m
Burj Khalifa/Dubai Mall
3900m
Al Safa (formerly Noor Bank)
5000m
The elite residential complex District One Residences is part of a gated community and classy quarter in Mohammed Bin Rashid City (MBR). It was built by a large developer in Dubai, the Meydan Group.... Details
Distance to the sea: 2 kmCompletion year: III quarter, 2023, off-plan Nad Al Sheba - Nad Al Sheba 1 - Dubai - UAE
Business Bay
4500m
Burj Khalifa/Dubai Mall
4400m
Financial Centre
4800m
The developer Azizi Developments’ Azizi Riviera residential complex in Dubai is in Meydan. All the necessary infrastructure for a convenient life is nearby. An interesting fact is that the Azizi... Details
Studios
min. 944 000 AED
1 bedroom
min. 1 968 000 AED
2 bedrooms
min. 2 848 000 AED
13 properties from developer4 properties from agencies
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