Dubai continues to see rising interest in real estate from both international and domestic buyers. Rising interest and the desire for security is pushing many renters into the sales market, while strong return on investment and market performance is attracting lots of demand from international investors, according to a recent report by Betterhomes.
Betterhomes recorded a mortgage increase by 14 percent in the last quarter with a growing number of buyers favouring cash purchases.
The top three communities by buyer demand
| Apartments | Villas & Townhouses |
| Dubai Marina | Jumeirah Village Circle (JVC) |
| Jumeirah Lakes Towers (JLT) | Dubai Hills Estate |
| Jumeirah Village Circle (JVC) | Arabian Ranches |
The Dubai real estate market continues to see a surge in international demand as investors flock to the country to seek a safe haven, tax efficiency and positive investment returns, according to the report.
Buyers from the UK accounted for the highest real estate transactions, followed by buyers from India. Increased demand was also observed in buyers from Middle East and North Africa.
Top buyer nationality
- United Kingdom (UK)
- India
- Russia
- Italy
- Lebanon
- Egypt
- Turkey
- France
- China
- United Arab Emirates (UAE)
Within Dubai’s luxury residential market, Palm Jumeirah recorded the most off-plan transactions followed by JBR, Downtown Dubai and Media City.
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