This article would provide you with an overview of current real estate market trend and future estimations, offering an informative insight for property investors.
Real estate property values have softened according to over all market conditions in June. An approximate of 52 real estate professional noted a drop in prices whereas as 23 percent witnessed rise in the property values as per the data from NBD Dubai Real Estate.
The current market condition offers a good opportunity for investors due to softened property values, most properties will be sold below their average price, it’s a win-win situation for every property investor because surveys have revealed that the drop in Dubai property value will get stabilized in 2016 and will reach to its peak later in the year 2017.
So buying a property at this present market will benefit investors by assuring an impressive ROI in the upcoming years. At present, Dubai is witnessing a healthy market adjustment, experiencing a positive softening portrays that real estate market has matured and acquired more liquidity offering renewed confidence to long term investors.
Research shows that the commercial segment of Dubai real estate namely offices and other commercial units’ prices will remain fixed and consistent. The forecast remains to show steady growth and strong demand among commercial property buyers since the city continues to thrive in all aspects and well positioned to offer companies a competitively priced choice for investment and growth.
Since Dubai is considered as a great place to do business, Downtown Dubai and the DIFC are now considered by many to be the unified central business district for the entire region and foreign companies, due to which investors and end users are still happy to pay a premium to open offices in these prime locations. This is ensuing in tremendously low vacancy rates in this segment.
Dubai Real Estate is developing into a more promising market with assured ROI for investors with long term vision. If you are an investor seeking assistance, our panel of expert property consultants can help you make the right choice.
Riveria Global Real Estate can assist you to achieve the right commercial and residential options for rent/sale in Dubai. We are here to offer you supreme quality, elegant residential/commercial units with state-of-the-art living conveniences and consequently achieving utmost level of customer satisfaction.