Dubai Real Estate: Dubai Villa prices grew over 10.3%, should I invest in villas?

21/07/2021

Dubai is one of the most profitable cities to invest in properties, be it villas or apartments. 

The latest data shows that the Dubai Villa prices have been in an upward trend during the second quarter of 2021. Dubai villas which make up for just 13% of the entire Dubai residential market are responsible for 7% of quarterly growth, and 6.3% annual expansion. 

According to ValuStrat’s recent report, Villas in prime locations recorded up to 10.3% growth, and” most of the Dubai’s areas recovered their capital losses of last year”. The report further claimed that June sales transactions surpass that of May by 68% while month-on-month performance saw completed home sales grow 75.5%, and off-plan registrations by 59.5%. 

 

Dubai Property prices up

ValuStrat’s VPI report for April-June 2021 showed that showed capital appreciation of 1.5% for Dubai residential properties in June, aggregating 5.5% since the start of the year. Part of the growth is fuelled by new expats coming in, "We are increasingly observing a trend where European buyers are emerging as a key demographic driving sales with most being end users. Based on our conversations with brokers and industry experts, the key motivation here is the relocation of entire families from Europe as opposed to the sole breadwinner living in Dubai. As further evidence of this trend, several schools have reported an uptick in enrolments of new residents,” said Zhann Jochinke, COO, Property Monitor.

 

So to answer the question, should you invest in Dubai Villas?

There are several factors to consider before making such a decision, such as; the market trend, which data has shown to be positive, the location, and the demand for the project. The Property Investor can provide you a perfect mix of those factors, to ensure you invest in Villa properties with high capital appreciation. Contact The Property Investor for a free consultation today.