Realiste’s AI revealed the top 3 emerging neighborhoods for real estate investments in Dubai

Realiste’s AI revealed the top 3 emerging neighborhoods for real estate investments in Dubai

Dubai, UAE –– Realiste, the leading artificial intelligence company in the UAE, has announced the top three locations in Dubai where property prices are expected to grow the most by the end of 2023.

The analysis conducted by Realiste’s artificial intelligence suggests that the residential district of Hessyan First Part 1 tops the list with an expected growth of 20 percent in 2023. The list also includes the residential neighborhood of Al Barsha 1 Part 1, where property prices are predicted to increase by 17.6 percent, and Mamzar Part 1, which is expected to grow by 17.1 percent through the year.

According to Alex Galtsev, the founder and CEO of Realiste, these areas are located near the waterfront, green areas, or the main tourist attractions, which are factors that drive demand for property in Dubai and subsequently increase prices. For example, Hessyan First Part 1 is situated next to Palm Jumeirah and offers access to the Persian Gulf.

Galtsev further elaborated that some of these areas are also expected to show considerable price growth in the three years. Hessyan First Part 1, for instance, is predicted to witness an increase of up to 60.6 percent in the cost of property by the end