International Buyers Driving Sharp Increase In The Value Of Dubai Villas
The latest market analysis from eXp Dubai has revealed that high demand for villas is driving market performance across the city, far outperforming the price increase seen for flats and across the wider market.
eXp Dubai analysed the latest figures looking at the rate of real estate appreciation seen across the market in Dubai over the last year.*
The figures show that, on an annual basis, the market as a whole has remained somewhat flat over the last year, with real estate values increasing by 0.3% across the market in its entirety.
However, some areas of the market are performing at a far stronger rate, with the average value of real estate having increased by a much larger margin.
Over the last year, the average value of a flat in Dubai has climbed by 2.4%, but it’s Villas that are driving the market when it comes to the best performing real estate category.
The average value of a villa in Dubai now stands at AED 2,842,53, having seen an increase of 16.2% over the last year alone.
This market trend demonstrates the far higher demand seen across this segment of the market, as international buyers, in particular, value the greater space, privacy and luxury found when purchasing a villa over other Dubai property types.
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