Wednesday, August 5, 2015

Dubai Property Market Update - Dubai Properties

Real estate in Dubai is pulsing with life. It has experienced wonderful progress during the past two years, something that we’ve seen happen as 2014 rode into the sunset. The real estate sector has developed in terms of best practice, regulations and laws to protect investors and developers. Improvements on the mortgage regulations have made a positive contribution to ensuring sustainable market growth.
The latest industry reports have seen pluses in price growth, although small. This means that these developments are effective and have positively impacted the market behaviour.

Dubai Properties, a developer and major player in the real estate market in Dubai market has been enjoying the position it has. And their strategies have allowed them to experience sustainable growth across their portfolio in 2014.

Strong demand from investors for the new residential project, Dubai Wharf that was launched at Cityscape, prompted them to release further units in Mudon and Remraam.

2014 has brought them optimism and success. Their strong sales has been a clear indication of the positive market conditions moving forward. And the strategy to develop practical, high quality, and sustainable projects in every segment and area of Dubai that offer essential amenities and facilities to enrich the lives of residents and end users has been nothing short of effective.

Dubai Property has already made over 36,000 residential units, 2.8 million sq. ft. of office space and over 1.2 million sq. ft. of retail space across key areas of Dubai. The main projects we have launched in 2014 include: Mudon, Remraam, Manazel AlKhor, and Dubai Wharf, some of which experienced successes.

Dubai Properties will continue to grow their portfolio of retail, commercialresidential, hospitality and mixed-use projects, and they have future projects planned to tailor to the needs of real estate buyers and investors in Dubai. They will continue to align their business with the current market demand by launching new projects that provide strong investment opportunities.

Collectively, the real estate in Dubai is continuously experiencing strong growth, with investors looking for ‘value for money’ projects across the city like completed infrastructure, accessibility and quality building and finishing. Their projects will continue to meet this market demand in line with Dubai’s growth across the residential, commercial & retail sectors while continuing with the strategy to develop projects in prime locations of Dubai.

Winning the Expo 2020 presented a huge opportunity for Dubai real estate industry, and as a leading developer with a wide range of projects in every segment and area of Dubai, they are indeed in a good situation to take advantage of the increasing opportunities this will bring. 

Going forward, they plan to launch more projects that cater to the increasing population expected in Dubai over the coming years, from affordable apartments to villas and townhouses and high-end luxury accommodation across key areas of Dubai.

Source: Roots Land Real Estate

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