Hamptons MENA reports an impressive growth in January 2013
21/02/2013
As leading Property Services Company, Hamptons MENA has just reported that Dubai’s property market in particular gained a total of 19 per cent growth in its sales transactions for the previous month if compared to the same period last year. In addition, according to Niraj Masand, Head of Operations of Hamptons, she said that the Real Estate sector in the Emirate has opened an impressive note for this year 2013 because of boosting sales and increasing rental demand for properties which are primarily located in well-established developments.
Moreover, it was also reported that even in New Dubai area, the demand for rental properties has been increasing so far due to lifestyle amenities offered by communities. So, for this reason, it is expected to be such within this year and beyond, especially with the help of improving growth in the Emirate’s core sectors such as trading, tourism, hospitality, and retail.
Above all, as part of research, Hamptons has witnessed that most of the property investors in Dubai were prioritizing those locations with leisure and entertainment facilities, closer to schools, and easy accessibility when choosing their properties in particular.
Those properties are specifically located in the following districts: Downtown Burj Dubai, Jumeirah Beach Residence (JBR), Dubai Marina, Jumeirah Lakes Towers, and Arabian Ranches.
Moreover, it was also reported that even in New Dubai area, the demand for rental properties has been increasing so far due to lifestyle amenities offered by communities. So, for this reason, it is expected to be such within this year and beyond, especially with the help of improving growth in the Emirate’s core sectors such as trading, tourism, hospitality, and retail.
Above all, as part of research, Hamptons has witnessed that most of the property investors in Dubai were prioritizing those locations with leisure and entertainment facilities, closer to schools, and easy accessibility when choosing their properties in particular.
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