05/06/2024
165 billion AED is what investors spent in the last 3 months on Dubai's real estate.
And 55% are in off-plan properties.
And the reason behind that?
They make more money.
I mean buy a property in one of the top 15 areas in Dubai;
Dubai Marina,
Jumeirah Village Circle,
Downtown,
Mohammed Bin Rashid City,
Dubai Hills Estate,
Business Bay,
Palm Jumeirah,
Dubai Creek Harbour,
Dubai Sports City,
Dubai South,
or in any of the other areas.
A home that you buy now for 1 million will appreciate by up to 24% in a year.
That's 240,000 AED for every 1 million invested.
Or if you are one of those who love passive incomeβ¦
There are areas in Dubai that are booming now like Arjan with a 9% gross rental yield.
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