Almost everyone who is interested in the purchase of foreign real estate and has not yet decided on the country, is not least worried about real estate prices in Dubai. And this is not surprising, because it is the low cost of real estate in Dubai that causes an unquenchable interest in it from a certain category of foreign buyers.
Over the past few years, low real estate prices in Dubai have been attracting those buyers who purchase housing for living on the territory of the emirate or for a seasonal rest.
Real estate in Dubai is interested in such customers primarily from the point of view of consumer characteristics, such as construction quality, infrastructure and transport accessibility. Dubai are the leaders of Arabian Ranches, Green Community, Victory Heights, The Springs and Downtown Dubai. They have the highest demand for real estate.
Five Dubai areas that can be noted for the most favorable prices are, again, Downtown Dubai, Dubai Marina, The Palm Jumeirah and The Lakes (in the Sales of Villas) and The Palm Jumeirah (regarding the sale of apartments).
Another category of buyers is those who have long -term investment interests, that is, they expect to gain benefits after the restoration of the Dubai Real Estate market and increase prices.
As a result of the economic crisis, real estate prices in Dubai decreased by about 50 percent. Such a significant decrease simply could not but affect the investment characteristics of real estate. As already mentioned, now few are being decided to buy real estate in Dubai with the aim of fast upright.
Most entrepreneurs are invested in real estate with long -term plans. Nevertheless, as experts predicted, during 2012 there is an increase in real estate prices in Dubai. Therefore, those buyers who are primarily interested in real estate investments have already been noticeably activated now.
The best places for buyers-investors are still areas on the coast: Dubai Marina and The Palm Jumeirah. However, it is possible to acquire real estate as investments in other popular areas that do not have to be located on the coast. These include Downtown Dubai, Jumeirah Lake Towers and Emirates Living. It is worth noting that in these areas it is quite profitable to rent housing for rent.