Nearly 700,000 residential units to be available in Dubai by end of 2022

Highlighting the growth in Dubai’s real estate sector and its post-pandemic resiliency, over 40,000 expected residential units will be handed over by the end of 2022, a recent report conducted by ZāZEN Properties’ sales partner JLL, indicated.

The number of Dubai residential units in total, including apartments and villas, was reported to be at a total of 657,000 end of March with the expected delivery of 42,000 additional residential units by the end of the year, totaling close to 700,000.

“The recent report by JLL is just another testament to the strength of our real estate market and the endless potential that the UAE has to offer. This is an indication of both the increasing demand that the sector is experiencing, as well as a strong commitment by our government and its leaders to create these opportunities for potential investors and buyers from all over the world,” said Madhav Dhar, co-founder and COO of ZāZEN Properties