In the second quarter of the current year, a 4.1% growth is forecast in the Dubai property sector. Analysts predict that the number of transactions is expected to increase by 46% compared to 2022.
Experts believe that the price growth in Al Yufrah 1 will reach 13.1% in the above period due to its prime location, extensive facilities and numerous amenities. Communities such as Jumeirah Beach Residence, Jumeirah Golf Estate and Wadi Al Safa 2 will also be in demand. The prices there are expected to rise by approximately 6.8-7.1%.
Prices of Dubai residences in general increased by 20-40% over the past 12 months. In districts such as Palm Jumeirah and Trade Centre First, the growth reached an impressive 59% and 210%, respectively.
