Dubai's retail property market has been experiencing a surge in demand, with a total of 7 transactions worth 12.5 million in the past 90 days. This highlights the strong interest and confidence in the sector, as investors look to capitalize on the growing commercial landscape.
Leading the way in terms of sales value is the prestigious Sobha Hartland development, with its Greens Building 6 boasting a transaction of 5.2 million. This is followed by the Lucky One Residence at 2.9 million, the Azizi Riviera 10 at 2.7 million, and the Wind Towers 2 at 520,000.
When it comes to the top locations for retail property, Sobha Hartland once again tops the list with a transaction worth 5.2 million. Jumeirah Village Circle follows closely behind with a transaction of 2.9 million, while Meydan One secures the third spot with a transaction of 2.7 million. The International City development saw the most number of transactions, with 3 deals worth 1.3 million.
Investing in retail properties in Dubai provides a host of benefits, with the potential for high returns and long-term stability being the most attractive factors. Dubai's favorable tax environment and thriving business landscape make it a prime location for commercial investment, with a growing number of international companies setting up operations in the city.
For new investors looking for accurate and comprehensive information about the Dubai real estate market, Broker Terminal provides an excellent solution. The platform covers over 6,000 projects across all freehold locations and includes details about 360 developers and their projects. It also showcases the top-performing developers in both primary and secondary markets and connects clients with location and area specialists for a more personalized experience. By using Broker Terminal, investors can be confident that they have all the necessary data and insights to make informed decisions about the Dubai real estate market.
Dubai's property market is continually growing and evolving, offering exciting prospects for both investors and buyers. Whether you are looking for a luxurious property in a prime location, a budget-friendly apartment in a bustling neighborhood, or a commercial site for a business startup, Dubai's real estate market has something to offer everyone. The high demand for both affordable and luxury properties demonstrates the market's stability and growth, making it a reliable and lucrative investment destination.
Also, check out the primary market trend in Dubai's retail properties:
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