Allsopp & Allsopp: February 2023 Dubai Real Estate Market Snapshot
Monday 06 March 2023Wed 16 Feb
Buyers, sellers, landlords, and tenants, this is the report you need to assess the Dubai real estate market performance throughout February 2023.
As we race towards the end of Q1 2023, the Dubai real estate market continues to fly, with results exceeding even my optimistic forecast coming off a record year for Dubai real estate in 2022.
While I foresee an extremely positive outlook for Dubai real estate brokers, owners and investors, tenants will continue to feel the strain as rents in high-demand residential areas continue to rise, making homeownership more attractive than ever to many first-time buyers.
We have seen this trend first-hand through our company data, with a staggering 109% increase in year-on-year new client registrations and an insatiable appetite from resident and overseas investors' interest in off-plan and ready secondary properties.
Lewis Allsopp, CEO of Allsopp & Allsopp.
To view the Allsopp & Allsopp February 2023 Dubai Real Estate Market Snapshot click the link below:
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