Dubai has a long history of breaking records. Just last month, they set yet another new one with real estate sales going through the roof.
August was the top-performing month for Dubai Property sales on record. According to the latest figures from Dubai Land Department (DLD), sales volume reached over 9,700 units in August, up 70% from the same period last year. In addition, sales value topped 24B dirhams, a 63% increase from August 2021. This is yet another astonishing feat for Dubai's property market, which has been breaking records left and right in recent years.
Why are so many people buying property in Dubai? There are a number of reasons. First and foremost, Dubai is a safe haven for investments. With its stable political situation, strong economy, and world-class infrastructure, Dubai is the perfect place to park your money. Secondly, Dubai offers incredible returns on investment, and properties can be purchased from abroad, using any currency, including crypto. Finally, Dubai is a lifestyle destination that offers something for everyone. From its pristine beaches to its famous towering skyscrapers, Dubai is truly a one-of-a-kind city. So if you're looking for a safe investment with great returns, or simply a place to live the good life, Dubai is the perfect choice.
Looking to buy or sell property in Dubai? We can help! Contact us today for more information.