Unique Properties shares Q3 insights, Q4 outlook for real estate in the UAE

Unique Properties shares Q3 insights, Q4 outlook for real estate in the UAE

- The supply of super-luxury properties has more than quadrupled this year

- 75% of buyers are looking to permanently relocate to the UAE

Dubai, UAE: Unique Properties, one of Dubai’s leading real estate agencies, has shared its insights on the UAE’s real estate landscape over the past quarter and details what the industry can expect during the final quarter of 2022. The real estate agency cites that pre-construction will remain popular in Dubai, and several other factors will spur real estate growth in the UAE as the year concludes.

Over the past 20 years in Dubai, the renowned Sheikh Zayed road has almost been fully built upon, but developers are now rapidly filling the vacant plots of land with new developments. Several projects incorporating high-end infrastructure and amenities have been announced in the lead-up to Q3 and many have begun launching. With the UAE’s stature as a safe city to live and invest in, high-net-worth individuals (HNWIs) primarily from Russia, India, Germany, China, Great Britain, Pakistan, and France are increasingly buying luxury real estate.

Demand for villas is surging with the number of super-luxury properties priced at upwards of AED15 million quadrupling this year and over 75% of buyers are looking to permanently