Dubai property trends: Q1 shows record sales over improved investor confidence

Dubai property trends: Q1 shows record sales over improved investor confidence

The Dubai real-estate market recorded a high number of home and office sales transactions in the first quarter of 2021, according to a report by ValuStrat.

“A positive trend which commenced [during the] 2nd half of 2019, cut short by the COVID-19 restrictions last year, appears to have now re-emerged with improved investor confidence boosting demand, with a record number of title deeds registered and price growth currently evident in some sectors and locations,” the report said.

The valuation-based index tracks change in capital values for a representative fixed basket of properties.