Dubai villa market experiences large gains during past six months

12th April 2013

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​An article in Arabian Business this week quoted Cluttons, the real estate consultancy, as saying that the average price for Dubai's high-end villas had increased by almost 9% in the past six months. The return of confidence in the Dubai real estate market has led to the launch of several new developments and off-plan sales are starting to pick up again for the major developers.
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The actual figure quoted was 8.9% between Q3 2012 and Q1 2013 for high-end villas, while mid-range villas returned even greater gains with an average increase of 14.9% during the same timescale. However, the biggest rise came in the lower budget villa market with 20.2% rises being registered over a comparable timeframe. Although the report does not state from where the figures were obtained, it is clear that Dubai's real estate market is on the rise again and has been for some time now.

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We would class Jumeirah Park as being in the mid-range villa market (the report does not indicate the price range for different classes) and it is among the developments that have experienced the sharpest price rise over the past two years from its undervalued starting base.

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Property Boutique continues to help owners who have Jumeirah Park villas for sale, so please do contact us for assistance with the latest market prices for your villa.