DHG Properties announces new JVC project for Q3 2023

DHG Properties announces new JVC project for Q3 2023

The off-plan market accounted for 49.6% of the total number of sales transactions and 41.5% of total transaction value during the same month Dubai property market is forecasted to reach AED 300 billion in sales by end of 2023 Dubai, UAE: DHG Properties, a renowned Swiss property developer with an extensive track record spanning over three decades, announces the launch of its first project in the UAE. With a commitment to excellence and affordability, DHG will look to launch its off-plan sales in September 2023 in Jumeirah Village Circle (JVC) through its flagship development ‘Helvetia Residences’. The announcement comes during a time when Dubai’s real estate market has witnessed a 10 year high with AED 30.41 billion worth of transactions recorded in June 2023, according to leading real estate portal Property Finder [1] . 10,419 real estate transactions were also issued during the month, showcasing a 17.78 per cent increase in volume compared to 8,846 in June 2022 and building on the city’s overall growth trajectory, which is expected to witness the biggest price growth in the world by the end of 2023 with total sales reaching AED 300 billion, as per a “ Dubai Property Market Forecast for 2023