NEW REAL ESTATES
With over 700,000 active listings, Realty space has the largest inventory of apartments in the Emirats arabes.
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Why DUBAÏ ?
Never a better time
The Dubai real estate market, like all markets, behaves in cycles. In Dubai, the average cycles tends to be 5-7 years long. After going through a downtrend over the last 6 years, average prices for residential properties in Dubai are near their 10-year lows. In certain areas, prices are even trading below replacement cost (i.e. the cost of building the property from scratch). Dislocation is usually a key indicator for when a market has started to bottom out. Therefore, it has never been a better time to invest in real estate in Dubai.
Global Hub
Dubai is one of the most sought-after global cities for property investment. Due to a number of leading characteristics including its strategic geographic location, world-class infrastructure, price affordability, tax benefits and attractive rental yields.
High Rental Yield And Occupancy
Rental prices in Dubai deliver the highest yield of all major international real estate cities. The average gross yield is 7.85% with a median occupancy rate of 82.2%.
Secure Property Rights
HH Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the United Arab Emirates (UAE) and Ruler of the Emirate of Dubai, approved the legalization of free hold ownership of land and property in Dubai in 2006. Since then, the legal and regulatory environment governing the Dubai real estate market has had a transformational shift.
· Individual/Private ownership rights are issued and upheld to the highest international standards.
· Market data and transaction records are released in a timely and transparent manner.
· Registration and other official documentation processes are done efficiently, utilizing latest technologies to continuously innovate and accelerate digitization.
Safety And Stability
Dubai ranks as 6th in the worlds safest country list. It is also recognized for being a beacon of political stability in the Middle East and greater MEASA region.
Covid Response
United Arab Emirates was named among the 10 safest countries during the pandemic. An assessment includes quarantine efficiency, monitoring and detection, government efficiency of risk management, health readiness, resilience and emergency preparedness.
