In Dubai began to buy more apartments during the construction phase

В Дубае стали чаще покупать квартиры на этапе строительства

In Dubai began to buy more apartments during the construction phase

In Dubai, buy apartments and villas under construction have become more frequent. In February, the number of such transactions jumped by 76 percent compared to the same month last year. 504 villas under construction and 2,251 apartments in houses under construction were purchased.

The most popular apartments under construction in Creek Beach, Dubai Creek Harbor and Burj Crown, Downtown. Villas under construction are most often bought in Arabian and Dubai South.

At the beginning of 2020, a strong surge in buying activity was recorded in Dubai. According to the Land Department, only in the first month of the year the number of transactions with real estate in Dubai increased by 12 percent compared to January 2019. In February, there were 4,356 transactions totaling $9.4 billion.

Experts are seeing an increase in interest in real estate under construction, which speaks to the faith of local, regional and foreign investors in Dubai, its developers and the quality of construction. sales of apartments and villas in Dubai is expected to happen before Expo 2020.

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In Dubai began to buy more apartments during the construction phase