Villa properties in Dubai register double-digit gains
Posted on September 13, 2021 |
- The average values for villa and apartments communities grew from 1.5% a year ago to 6.3% in August
- The Dubai house’s capital values are over 1.6 million dirhams ($435,000) and residential sales prices are at 1,020 dirhams per square foot, an increase of 894 dirhams last year.
- Properties in Jumeirah Island increased by 20.8%, Dubai Hills Estate grew by 18.5% and the Lake rose by 18.3%
- Emaar made 21.5% of the overall sales, followed by Nakheel (8.6 percent), Damac (6.1 percent), and Dubai Properties (6.1 percent).
- In August, sales transaction volume was 49% higher than in July and is still dominating with a 57% increase.