Investing in Dubai real estate is a lucrative long-term investment. Dubai, the business hub of the Middle East, has become an internationally recognized city with many more years of growth ahead of it.
What is the best time to invest in Dubai real estate?
Do you want to capitalize on Dubai's property value increase? Invest in Dubai real estate today. With the property values increasing exponentially, investing in Dubai real estate has never been more lucrative.
Dubai's house prices were forecast to rise 3.0 per cent this year and 2.5 per cent in 2022, compared with 1.1 per cent and 2.8 per cent expected three months ago, according to a Reuters survey of 11 property analysts taken August 11-19. That modest outlook stands in stark contrast with other world property markets like Canada, Australia and New Zealand where already record-high house prices were expected to rise in double digits this year, stretching the limits of affordability.
How much can one make with Dubai real estate investment?
Dubai is booming and property values are skyrocketing. Investing in Dubai real estate is profitable because the value of the properties is constantly increasing. Prices of properties and developments have increased by almost 180% over the past five years.
What are the benefits of investing in Dubai real estate now?
Dubai is now one of the most thriving destinations on the map. It's an attractive place for anyone who's looking to invest in a property or purchase a home and setup a business in the country. While the rest of the world slowed down in the wake of the pandemic, Dubai’s economy boomed and its real estate industry along with it. Now more than ever, foreigners have flocked to the city to setup business and invest in properties.
Conclusion
Investing in a Dubai property now may be one one of the best financial decisions you can make. Dubai's residential property market is on a steady course, with prices expected to rise modestly over the next couple of years, according to a Reuters poll of housing analysts who say property prices there will remain affordable during that time.
Get in touch with Larimar Properties’ international team of Dubai property experts today to find your next investment.