Dubai Luxury House Prices Increases by 44% in 2021

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Dubai’s luxury housing price has increased at a higher pace than ever compared to the top 100 cities in the world. The investment by citizenships is one of the contributing factors in a price surge and demand is majorly driven from the wealthy buyer as UAE real estate market is recovering after the pandemic.

The data has projected ample growth in the real estate industry and their global housing sector will flourish in 2022 at a faster rate. Dubai is the hub for entrepreneurs and foreign investors to set up their businesses with zero corporate tax that benefits them to commence other operations without affecting their investment. The demand for luxury housing is fueled by the wealthy sector which is turning the Dubai real-estate market upside down.

Signature Habitat has everything for everyone’s taste which means one can get the house in one of the prime locations in Dubai. Our inventory is impeccable be it a residential villa, affordable housing, property area, green living, or whatnot. Signature Habitat has been in the business for a long time where they saw the highs and lows of the market and ensured their client gets the best of the place with incredible amenities, and much more.

The UAE Government has handled the time of crisis and destruction in the economy adequately which led to the best investments and quick recovery of UAE. Post-pandemic there is a huge surge in demand for investment by citizens where ultra-wealthy buyers are more inclined to Western countries and Dubai remains the top as a large number of people have decided to purchase property in Dubai.

Dubai provides access to one of the best-in-class infrastructure, medical benefits, education, alluring lifestyle, amenities, global exposure, and the world-famous restaurants and hotels that transform the whole experience and make people head over heels in love with the country. Who doesn’t want a piece here?

Recently, the Trade deal is another reason to buy houses and get access to exemplary education and no duty on exports. Businesses can flourish at a higher pace than before. The real-estate market is developing prime properties that cater to every individual’s demand and make it easier to call Dubai home.

The Dubai Luxury home sector grew by 44 percent across the world while Moscow, San Diego, Miami, and Hamptons marked their place in the top five. It is safe to say we won’t be seeing the same growth as we have recorded in 2021.

The demand will be there and it will increase as low-interest rates and low financing rates are driving the industry. Another reason is a shortage of super-prime inventory, rising wages, strong performing equity markets, bonuses which have restricted the demands of households and are building different lifestyles.

The work from home is here to stay which means people will have more time in their house and invest in huge prime locations where they get access to everything without stepping out of their comfort zones. This shows there will be a huge incline in house prices in Dubai.

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Signature Habitat Properties LLC is a property brokerage company registered in Dubai – UAE (License No. 861348). We are regulated by Real Estate Regularity Agency under office No.2608, Concord Tower Dubai Media City, Dubai - UAE

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