When it comes to return on investment (ROI), lifestyle benefits and business opportunities, there's no time like the present and no place like Dubai to invest in an off-plan property.
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Sales of more than 6,000 ready homes in Q1 2021, worth AED 13.5 billion, and 3,600 off-plan properties worth AED 5 billion
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Dubai must be at the top or close to the top of the shopping list for those looking to live and/or invest overseas
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Resale transactions stood at 49.9% of the total market in February
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"All we have done is stopped new launches during the pandemic," says Mohamed Alabbar
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Abu Dhabi values fell by 8.3% and Dubai by 6.6% over the past 12 months.
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Despite the COVID-19 challenges which began to impact during the second half of March, this was considered as the best first quarter for ready home cash sales since 2014.
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Cavendish Maxwell released its Q1 2020 UAE Property Market Report, containing key data and trends for Dubai, Abu Dhabi and the Northern Emirates.
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Foreign ownership of freehold property provides further boost to Abu Dhabi market
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