Dubai Marina is popular with buyers and renters

17/02/2014

Dubai Marina continues to be the most popular location in the emirate for buyers and tenants, but Dubailand's Sports City is growing in popularity, according to the latest data report from Sandcastles.ae.

A review  by real estate portal Sandcastles.ae found that 21.37% were looking for Dubai Marina units to buy and 19.11% were looking to rent in Dubai marina.

‘Whilst Dubai Marina, Downtown Dubai, Palm Jumeirah and Jumeirah Lake Towers remain firm favourites with buyers, Dubailand's Sports City’s reputation as a property hotspot is gorwing,’.

Also on the rise is Jumeirah Village Circle popular with the sites users. International City showed an increase in search traffic for the budget focused investors.

‘Dubai’s property market has clearly rebounded with prices increasing and holding steady, over 18% increase in the last twelve months, also some new projects have launched,’ said Zuber Mohsan, chief executive officer of Sandcastles.ae.

Real estate demand is going to increase with the international Expo 2020 exposure that Dubai has received, If you are looking to invest then Dubai has a wide range of areas to choose from International city for the budget buyer and Marina or Downtown for other types of investors,’ he added.


'Property prices have been recorded at the highest levels since the downturn. There is a feeling that the financial crisis of 2008 is finally over' he said

If your looking to invest then Dubai is back on top offering a large range of opportunities for the rich and smart investors.

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