According to local media reports, the demand for temporary housing in popular areas in Dubai continues to rise, with prices rising by nearly 50%.
With the upcoming Qatar World Cup in 2022, Dubai's real estate will continue to prosper, and demand is unlikely to decline.
According to Unique Properties, downtown Dubai, Business Bay and Dubai Canal are still the most popular areas for house purchase.
In addition, there are other new housing projects in Dubai, which are located in very ideal locations, such as Dubai Hills, Nad Al Sheba, Meydan and Dubai Creek Harbour.
On Tuesday (10.25), Dubai's real estate market achieved another success, with the real estate transaction volume exceeding 1.7 billion dirhams. This includes 425 sales transactions worth 1.32 billion dirhams and 71 mortgage loans worth 386.7 million dirhams.
The sale includes 403 apartments and villas, worth 1.17 billion dirhams; In addition, 22 pieces of land worth 149.92 million dirhams were sold.