CategoriesDubai Lifestyle Dubai Real Estate Real Estate News
Dubai’s real estate market shifts to favor sellers amid a three-year surge in property prices. Industry experts predict a slowdown, prompting investors to explore higher-yield markets.
Post-pandemic demand propels Dubai’s property prices past previous peaks, enticing buyers to cash in on gains.
Increased transactions and rising prices benefit sellers, with tax benefits and high demand fueled by population growth.
Betterhomes highlights opportunities for sellers to reinvest profits, especially in areas like downtown, Jumeirah, and Palm Jumeirah.
Looking ahead, Dubai’s property market faces challenges such as high interest rates and affordability issues, but an increase in supply is expected to stabilize prices in 2024.