As soon as someone finds out I work in real estate in the UAE they invariably ask how the market is doing. “Is it up, down, when is it going to change direction,
Is the real estate business booming in the UAE?
Developers can be tempted to reduce the size of apartments to make their charge tag greater low priced in 2018 as finding a price for cash remains a priority for buyers, consistent with a high-profile brokerage firm. we cant say that the UAE real estate is booming, what we can say is real estate is stable for now.
mario Volpi, chief sales officer of Kensington residences, stated this trend has already commenced in locations along with Dubai south, Dubailand and Jumeirah village circle and could hold this year.
“for my part, one of the trends for 2018 might be affordability, however, affordability will come at a cost and that it’s no longer regarding economic phrases,” he said in a report published with the aid of luxHabitat.