Dubai's Booming Market is Attracting More European Developers

 
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Eywa - Business Bay - By R.evolution

It's no secret that Dubai's real estate market is booming, with more and more investors from Europe taking notice. 

According to DXB Interact, Q2 had a total sales volume of over AED 91B, at an increase of over 54% compared to Q2 2022.

The strong performance of the Dubai real estate market is due to a number of factors, including the emirate's strategic location, its status as a global business hub, and its attractive tax regime. Investors from Europe are particularly interested in Dubai's residential market, which offers a variety of properties at competitive prices.

In response to the growing demand from European investors, a number of European property developers are now entering the Dubai market. These include Swiss company DHG Holding, who just launched a new project in JVC, and R.evolution, which is launching Eywa in Business Bay. These developers are confident that they can tap into the strong demand for Dubai real estate and achieve significant returns on their investments.

The continued growth of Dubai's real estate market is expected to attract even more European investors in the coming years. This is good news for the emirate's economy, as it will create jobs and boost economic growth.



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