Dubai Real Estate Blog

Developers offering units across the whole spectrum in their projects The soft market conditions in Dubai aren't deterring developers from launching blue-ribbon projects. The 17th edition of Cityscape Global 2018, which concluded on Thursday, has seen some big launches - the Madinat Jumeirah Living by Dubai Holding, Marsa Meydan by the Meydan Group and 'Riviera of the Emirates' project by Abu Dhabi-based Imkan Properties. However, developers are weaving in an element of affordability in these luxury projects by adding more apartments to the mix. "Developers are offering units across the whole spectrum in their projects. It's not just about the three-bed penthouses any more. A luxury developer like the Select Group has a majority of studios and one-bedroom apartments in their Dubai Marina project," says Matt Gregory, head of sales for property at dubizzle. According to market sources, a one-bedroom apartment at Madinat Jumeirah Living is price

Organised, structured payment plans will be winning factor in stimulating investors to buy Dubai has been built by bringing to light the fantastic vision of the developers that dared to dream big. Real estate, often seen as the scale on which the city's overall economic soundness is judged, continues to be going strong and gathering stability by attracting foreign investment worth billions and diversifying its offering from luxury to upscale and affordable properties, aimed at the growing mid-segment population. Despite a recent softening, real estate continues to be a preferred asset class among investors and the attractive payment plans and innovative offers from developers have gone a long way in securing buyer interest. Affordable housing Major developers are now providing a variety of cheaper, alternative homes suitable for a whole range of buyers. Nshama is offering apartments starting from Dh443,000, Azizi from Dh390,000 and Danube from as low as Dh320,000.