Past & Current Analysis on Dubai Real Estate Market Performance
For the ones who love to live in modern style, Dubai is the best place for them as it offers top lifestyle amenities of the world. It gives you lots of entertaining opportunities like outstanding golf courses, awesome beaches, world’s biggest shopping malls, 7 star hotels, multiple festivals, etc. all these entertaining options make this place one of the most cheerful region of the world. High standard of living makes it more attractive place to reside permanently. One of the most appealing points is the lowest street crime rate that makes it the safest and hottest option for complete family unit to live in permanently.
There are lots of agencies contending with Dubai property market and you should take services of the most experienced one. These agencies offer both commercial and residential properties for purchase, rent dubai property, sale, lease, etc. They provide authentic information and up-to-date rates to their customers to smooth the progress of buying, selling or renting properties. They are not offering services to locals but people from around the world can easily take their services.
Lots of builders and developers are playing their roles to flourish better than their competitors as a result there is a flood of latest developments like luxury villas and first-class apartments and many more.
Although development and construction is a common practice at here but to stumble on an idyllic place to invest is not an easy job. Meticulous investigation and serious analysis is the only way that will show you the right path to make your Dubai real estate investment a profitable option.
Some Analysis on 2012 Dubai Real Estate Market Performance
- In 2012 most of the apartment rents seems to be declined by 4 to 5%. Likewise asking price of apartments is also decreased by the same percentage.
- Luxury villa rents are increased by 5 to % and asking rates were increased by same ratio.
- The demand of commercial property is increased two times than the previous year.
So, it is clear that the prices are increased in the previous year and it shows a positive signs for the upcoming year. Well, due to the inflation Dubai real estate market performance was really affected but quite stability of prices in the previous year has seemed. However, many international investors are now optimistic to invest and hoping that there will be a great boom once again in the market. Now several international agencies are active in this market with an intention to invest and earn maximum on their investments.