Business Bay and Dubai Marina remain popular areas among buyers and renters in 2022

  • Date: 18-Dec-2022
  • Source: Zawya
  • Sector:Real Estate
  • Country:UAE
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Business Bay and Dubai Marina remain popular areas among buyers and renters in 2022

- Business Bay and Dubai Marina are popular areas for buying and renting properties in Dubai.

- Dubai Marina, Jumeirah Village Circle, and Palm Jumeirah are other popular choices for buying properties.

- Al Barsha, Discovery Gardens, and Jumeirah Village Circle are other areas preferred by renters.

- A significant increase in average property prices noted in these areas.

- The Dubai property market is expected to continue its golden run in 2023.

Dubai: Business Bay and Dubai Marina continue to dominate the Dubai property market in 2022 as these areas remain the preferred choices of buyers and tenants alike throughout the year, says a latest report.

Average price in these most sought-after areas has seen a significant upward trend this year due to the increase in demand and interest of buyers and tenants, according to the Zoom Property Insights.

Ata Shobeiry, CEO of Zoom Property, believes the diversity and high-quality lifestyle of both these areas attract buyers and tenants.

He said Business Bay and Dubai Marina cater to a distinct set of property seekers, yet they remain the top choice because of their diversity and high-quality lifestyle.

“Their strategic location and proximity to iconic landmarks in Dubai also make them attractive options for buyers and tenants. With new