The real estate market in Dubai experienced a surge of activity at the beginning of the week, with approximately 1,000 sales totaling 2.0 billion dirhams. One notable deal was the sale of a residential villa under construction in the “Ayumi” project within Palm Jumeirah for 105 million dirhams. The villa has an area of 27,000 square feet and sold at a rate of 3,900 dirhams per square foot.
Investors and buyers are actively participating in the Dubai real estate market, driving growth and activity across different projects and developments in the city. Meydan One emerged as a key player in this market with a high sales value and a large number of deals taking place.
The demand for luxury properties continues to be strong in regions like Ayumi and Palm Jumeirah, showcasing their popularity among high-end investors. Meanwhile, Sheikh Mohammed bin Rashid Gardens also saw significant sales with about 142 million dirhams from two deals. It’s clear that there is still considerable potential for growth in the Dubai real estate market, with developers continuing to create new opportunities for investors and buyers alike.
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