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The real estate market of UAE has seen a major surge and prices of villas and apartments are exponentially increased in the fourth quarter of 2021. Post pandemic Emirate’s Property market is recovering which has boosted the economy as people are investing in bigger homes as they are spending more time at home.

The shift in the working culture has benefited the villa segment as people tend to spend more time at home which has resulted in high sales and an increase in rents by 40 percent and 24 percent.

There is a huge spike seen in the apartment sales price and rent rise by 20 and 10 percent as compared to the year 2020. The pandemic has disrupted the major and also created huge pressure for growth but the UAE has recovered at a faster pace with the opportunities received.

The villa and townhouse segment has benefited the highest and received huge price markdowns due to the virus and this helped the economy to succeed at a faster pace

The Dubai residential market is recovering at a higher rate from the impact of the COVID-19 Pandemic with the introduction of Expo 2020 and a successful vaccine campaign that has improved business conditions, reforms, and initiatives by the government focused on providing citizenship by investments like Golden visa and retirement visa programs.

The Emirates has registered over 84,196 property transactions worth over Dh 300 billion which is the highest annual value recorded in the property market in Dubai by Dubai Land Department Show. The growth in the real-estate market shows it is the right time to multiply your profits by leasing or buying properties in prime locations of Dubai with Signature Habitat.

The transactions of about 17,000 residential units that involve 15,000 apartments and 2000 villas were handed over in Dubai last year which aids in the recovery of the UAE.

The surge in demand for apartments and villas might affect the delivery and will stretch to 2023. The property market in UAE is an all-time high and rent across all the major entities has been increased but the low-interest rates on financing have eased the process. In 2022 the sales price growth is expected to ease with the launch of new projects, introduction of District 2020 will contribute to the increased supply and high revenue.

The citizenship by investment and work-home culture will increase the demand for villas and they will be the prime focus of the buyer as they are available in limited numbers leading to the higher sales price. Signature Habitat in UAE has an impeccable inventory of Villas in some of the prime locations at the best prices compared to the market.

The townhouse and villas in Abu Dhabi are in huge demand and with the launch of the new project it is possible to cater to the demand without any hassle there might be delays in some property segments but overall by 2023 things will be settled.

Signature Habitat can help and assist in providing and helping potential buyers to invest in worthy properties. To get more information, contact us now.