The UAE Real Estate Market – Q1 2021
Read our UAE Real Estate Market – Q1 2021 report for an overview of the office, residential, retail and hospitality sectors in Dubai and Abu Dhabi.
Newly announced regulatory measures, local availability of the vaccine, and the upcoming Expo 2020 festivities are all opportunities to revive the UAE’s real estate market during 2021.
With signs of recovery already underway, a large emphasis of the year will be re-envisioning spaces as tenant and end-users find community amenities more appealing.
Within the residential sector, villa sale prices increased by 3.5% and 2% in Dubai and Abu Dhabi respectively, when compared to the same period last year. As work from home has become a central aspect of post-pandemic life, strong demand for good quality villas and townhouses have been driven by end-users capitalizing on favorable payment plans, lower prices and opportunities to upgrade space.
Read our Q1 2021 UAE Real Estate Market report to find out more.