Property trends: UAE investors, tenants prefer villas amid coronavirus – ZAWYA

Property trends: UAE investors, tenants prefer villas amid coronavirus – ZAWYA

Property trends: UAE investors, tenants prefer villas amid coronavirus. Demand for villas and townhouses, as well as hotel apartments, in Dubai and Abu Dhabi has gone up in the last few months, as a growing number of UAE residents look to escape crowded buildings and settle in spacious homes amid the coronavirus-induced era of social distancing.. "We started seeing the demand grow [for these properties} almost immediately after the COVID-19 crisis began and the demand grew weekly at a significant pace, while apartment demand declined," Abad told Zawya.. It is very clear, through the data, that personal, outside space became a commodity during the crisis and I strongly believe this trend will continue post-crisis," she added.. According to a Property Finder report on Wednesday, the number of listing views by consumers on properties for sale on its website has increased by 27 percent and 47 percent for rental over the past four weeks.. For those who can't afford villas near the city centre, living as far away as possible seem like a good option, with enquiries for both apartments and villas in the northern emirates posting significant increases..