Rising Prices of Mid-Range Properties in Dubai: An Increase of 12% to 40

Rising Prices of Mid-Range Properties in Dubai: An Increase of 12% to 40

Recent data reveals that the prices of mid-range properties in Dubai have increased by between 12% and 40% from the beginning of 2024 through the end of the third quarter, compared to the same period in 2023. This significant increase reflects the high demand for this segment of the real estate products in Dubai, Invest-Gate reports.

The data indicates that investing in properties aimed at middle-income earners in Dubai represents a sound decision in terms of stable returns and the potential for long-term appreciation. According to a report by “Harbor” Real Estate, this trend is further supported by the government’s commitment to bolstering the real estate sector and implementing new infrastructure projects.

The investment in mid-range properties aimed at middle-income earners in Dubai is expected to experience sustained growth in the coming years, as reported by the UAE newspaper “Al Khaleej.”

The report highlights several key factors driving investment in this sector, including sustained demand, stable rental yields, ease of resale and value appreciation, a diverse target demographic, and overall stability during times of economic volatility.

Moreover, the “Harbor” report notes that despite the high level of competition in the market, selecting well-located properties with comprehensive infrastructure can significantly enhance the attractiveness of investments within this sector.

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