Prices for waterfront villas in Dubai will rise

Dubai's coastal real estate market is seeing the following trends:

✔️ Apartment prices in locations such as Palm Jumeirah, Bluewaters Island, and Jumeirah Bay Island are most likely close to another plateau and have recently increased by only 2%.

✔️ Whereas the cost of villas jumped by almost 30% due to the limited supply

✔️ Moreover, in comparison with prices before the pandemic, the cost of coastal real estate has doubled.

Experts note that the cost of apartments and villas in the emirate is still considered fair, and the market is not overheated. They predict a slight increase in prices for next year in the main areas of Dubai.

In the coastal zone, the focus is on the new Palm Jebel Ali megaproject, which can become a separate city within the city and an excellent investment for investors.