Dubai Real Estate Back in Demand

Dubai real estate market is picking up as the emirate arises from a Covid-19 pandemic slowdown and will stage a strong recovery in second half of 2021 due to incentive packages offered, visa reforms and strong demand from end-users and investors.

Some leading developers, real estate agents and market analysts said residential sector has already bottomed out and offers good opportunities for developers on premium properties. The prices for villa and townhouses have already registered an upward trend in the past few months and apartments prices are also expected to reflect the stable trend in second half. Today, with the wide range of installment plans offered by different developers, the opportunity to purchase a property at a bargain price will increase for home buyers for themselves, as well as for those who want to move from a rented home to their own.

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