Dubai fast emerging as haven for health & wellness-focused new home buyers

Dubai fast emerging as haven for health & wellness-focused new home buyers

“The market is reflecting an evolution in buyers’ demands and priorities, particularly since the onset of the global COVID-19 pandemic, with investors demonstrating flexibility in terms of property size, as they focus instead on family-friendly amenities, wellness facilities and the overall sense of community they are buying into,” says Dennis Chan, Chestertons’ Global Head of Sales.

According to the Global New Homes team at Chestertons, the world-renowned real estate services firm with a global operation spanning 120 offices in 20 countries, more than 13,000 new homes were sold in Dubai in Q1 2022 with a large volume of property transactions, so far this year, concentrated in amenity-rich, wellness-focused communities such as Al Furjan, DAMAC Lagoons, Dubai Creek Harbour, Dubai Hills Estate, Jumeirah Village Circle, and Sobha Hartland. This, the Chestertons’ team point out, is indicative of the strength of the Dubai property market currently.

These insights point to high demand for luxury properties that come with world-class community amenities, including healthcare, education and sports facilities, parks, cycling tracks, jogging paths, and healthy-eating restaurants. For example, a recent market review report found that proximity to quality schools and access to healthcare and green spaces were at the top of home buyers’ location criteria[1].

HEALTH