Premium real estate in Dubai has been a highly desirable asset among international buyers and investors for many years now. Alongside the high quality of life and security on offer, the government has created additional incentives for real estate investments, with new requirements in place for acquiring the Golden Visa in the Arab Emirates.
The number of transactions reached a new high in 2023, according to the latest Engel & Völkers Dubai Residential Property Market Report. “Demand is especially high for off-plan properties in prime locations,” says Daniel Hadi, CEO of Engel & Völkers Dubai, who continues: “This trend is particularly pronounced in the luxury segment due to the limited stock of prime-ready properties and reflects the market's evolution to meet diverse investor needs and residential aspirations of international High Net Worth Individuals.”
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