Recently, the imexre.com portal wrote that, according to the Savills World Cities Prime Residential Index (for the first half of 2019),
The report further indicates that Dubai is the fourth largest global center for return on investments (4.6%) when it comes to rental profitability.
“Now it’s much more easy to buy prime residential properties in Dubai due to lower transaction costs and generally lower prices compared to other major global cities,” says Swapnil Pillai, luxury real estate specialist from Savills. “In addition, high rental returns mean that long-term-sighted investors can
According to Property Monitor, more than 198,246 new residential units are expected to be delivered in Dubai by the end of the current year. This includes 22,728
As for the specific and most promising high-end projects, the first developer to enter the market with his ready prime housing will be the Alef Group: “It is expected that the W Residence (The Alef Residence) project on
Other new elite housing projects that investors should pay attention at include SLS Dubai Residences, a luxury residential complex in Marasi Drive that is scheduled for completion in Q3 next year. Citing high demand, the Wow Red developer behind the project says it expects rental yields of up to 8% per annum for this properties, as well as significant capital growth in the medium term. The developer also offers interest-free installment payments for 7 years after project’s handover. In addition, according to the developer, “SLS Dubai Residence boasts the largest selection of apartments with different layouts and types in one tower.”
In addition, the list of the most interesting for investors premium real estate projects, in which you can buy residential high0end units, also includes such “super-premium” projects as Royal Atlantis on Palm Jumeirah, as well as projects on the first beachfront line near Dubai Harbor, adjacent right to
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