{"id":21509,"date":"2021-12-09T00:00:00","date_gmt":"2021-12-08T20:00:00","guid":{"rendered":"https:\/\/dev.spinvestment.com\/dubais-property-market-is-recovering-all-the-way-to-dh100-billion-and-more-sp-investment\/"},"modified":"2022-03-01T14:41:04","modified_gmt":"2022-03-01T10:41:04","slug":"dubais-property-market-is-recovering-all-the-way-to-dh100-billion-and-more-sp-investment","status":"publish","type":"post","link":"https:\/\/www.spinvestment.com\/es\/dubais-property-market-is-recovering-all-the-way-to-dh100-billion-and-more-sp-investment\/","title":{"rendered":"Dubai\u2019s property market is recovering all the way to Dh100 billion and more | SP Investment"},"content":{"rendered":"<h2><a href=\"http:\/\/spinvestment.com\/wp-content\/uploads\/2021\/09\/Dubais-property-market-is-recovering-all-the-way-to-Dh100-billion-and-more.jpg\"><img fetchpriority=\"high\" decoding=\"async\" class=\"alignnone size-full wp-image-293229\" src=\"http:\/\/spinvestment.com\/wp-content\/uploads\/2021\/09\/Dubais-property-market-is-recovering-all-the-way-to-Dh100-billion-and-more.jpg\" alt=\"\" width=\"1000\" height=\"611\" \/><\/a><\/h2>\n<h2>By end August, sales zoom past Dh88 billion as buyers pile into ready and off-plan homes<\/h2>\n<p>Dubai: Recovery for Dubai\u2019s property market cannot get any better \u2013 total sales are closing in on the Dh100 billion mark for 2021. By end August itself, the numbers have rocketed past Dh88 billion \u2013 and that\u2019s well ahead of even the most optimistic forecasts put out at the start of the year.<\/p>\n<p>This year, end-users and first-time buyers are leading the turnaround for the property market. Mortgage-backed deals too are on the increase, as residents with longer term plans to be in the country switch from renting to actually buying a home.<\/p>\n<p>But the biggest plus \u2013 from a developer standapoint, at least &#8211; from the August transaction numbers put out by Property Finder is that offplan sales too are making a strong recovery. If this moment lasts for another six months at least, worries about unsold apartments clogging up the city\u2019s property market will prove largely unfounded.<\/p>\n<p>Now, the talk is that by November, developers will start getting back with full-scale launches in Dubai after giving it a miss for the whole of 2020. In fact, the forecasts were that a recovery will be seen only by 2023-24.<\/p>\n<p><strong>Blockbuster months<\/strong><\/p>\n<p>In fact, sales during June and in August were the highest monthly sales in a decade. The number of Dh1 billion daily deals registered at Dubai Land Department, too, is rising. The belief among end-users is that if they delay any longer, property values will start increasing and they would have missed out on a good opportunity.<\/p>\n<p>\u201cEvery day I get at least 10 calls from brokers wanting to know whether I plan to sell any of my properties on the Palm or Dubai Hills,\u201d said one of the biggest investors in the city. \u201cI tell them, politely, why should I sell now when the market is only beginning to pick up?<\/p>\n<p>\u201cFor five years, these properties were quoting below their sale value. Now, the fun is starting.\u201d<\/p>\n<p>For Dubai property market, the fun will be how quickly it can get past the Dh100 billion tally in the coming weeks.<\/p>\n<p><a href=\"https:\/\/gulfnews.com\/business\/property\/dubais-property-market-is-recovering-all-the-way-to-dh100-billion-and-more-1.82093432\">Source<\/a><\/p>","protected":false},"excerpt":{"rendered":"<p>By end August, sales zoom past Dh88 billion as buyers pile into ready and off-plan homes Dubai: Recovery for Dubai\u2019s property market cannot get any better \u2013 total sales are closing in on the Dh100 billion mark for 2021. By end August itself, the numbers have rocketed past Dh88 billion \u2013 and that\u2019s well ahead of even the most optimistic forecasts put out at &#8230;<\/p>","protected":false},"author":1,"featured_media":21508,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"footnotes":""},"categories":[58],"tags":[],"class_list":["post-21509","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-real-estate"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v20.1 (Yoast SEO v25.3) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Dubai\u2019s property market is recovering all the way to Dh100 billion and more | SP Investment - SP Real Estate Investment<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.spinvestment.com\/es\/dubais-property-market-is-recovering-all-the-way-to-dh100-billion-and-more-sp-investment\/\" \/>\n<meta property=\"og:locale\" content=\"es_ES\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Dubai\u2019s property market is recovering all the way to Dh100 billion and more | SP Investment - SP Real Estate Investment\" \/>\n<meta property=\"og:description\" content=\"By end August, sales zoom past Dh88 billion as buyers pile into ready and off-plan homes Dubai: Recovery for Dubai\u2019s property market cannot get any better \u2013 total sales are closing in on the Dh100 billion mark for 2021. By end August itself, the numbers have rocketed past Dh88 billion \u2013 and that\u2019s well ahead of even the most optimistic forecasts put out at ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.spinvestment.com\/es\/dubais-property-market-is-recovering-all-the-way-to-dh100-billion-and-more-sp-investment\/\" \/>\n<meta property=\"og:site_name\" content=\"SP Real Estate Investment\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/spinvestmentre\" \/>\n<meta property=\"article:published_time\" content=\"2021-12-08T20:00:00+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-03-01T10:41:04+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.spinvestment.com\/wp-content\/uploads\/2021\/09\/Dubais-property-market-is-recovering-all-the-way-to-Dh100-billion-and-more.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1000\" \/>\n\t<meta property=\"og:image:height\" content=\"611\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"spadmin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@spinvestmentre\" \/>\n<meta name=\"twitter:site\" content=\"@spinvestmentre\" \/>\n<meta name=\"twitter:label1\" content=\"Escrito por\" \/>\n\t<meta name=\"twitter:data1\" content=\"spadmin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Tiempo de lectura\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutos\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.spinvestment.com\/dubais-property-market-is-recovering-all-the-way-to-dh100-billion-and-more-sp-investment\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.spinvestment.com\/dubais-property-market-is-recovering-all-the-way-to-dh100-billion-and-more-sp-investment\/\"},\"author\":{\"name\":\"spadmin\",\"@id\":\"https:\/\/www.spinvestment.com\/#\/schema\/person\/c1deaa444983fd0e210fe06aec78a628\"},\"headline\":\"Dubai\u2019s property market is recovering all the way to Dh100 billion and more | SP Investment\",\"datePublished\":\"2021-12-08T20:00:00+00:00\",\"dateModified\":\"2022-03-01T10:41:04+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.spinvestment.com\/dubais-property-market-is-recovering-all-the-way-to-dh100-billion-and-more-sp-investment\/\"},\"wordCount\":372,\"publisher\":{\"@id\":\"https:\/\/www.spinvestment.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/www.spinvestment.com\/dubais-property-market-is-recovering-all-the-way-to-dh100-billion-and-more-sp-investment\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.spinvestment.com\/wp-content\/uploads\/2021\/09\/Dubais-property-market-is-recovering-all-the-way-to-Dh100-billion-and-more.jpg\",\"articleSection\":[\"Real Estate\"],\"inLanguage\":\"es\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.spinvestment.com\/dubais-property-market-is-recovering-all-the-way-to-dh100-billion-and-more-sp-investment\/\",\"url\":\"https:\/\/www.spinvestment.com\/dubais-property-market-is-recovering-all-the-way-to-dh100-billion-and-more-sp-investment\/\",\"name\":\"Dubai\u2019s property market is recovering all the way to Dh100 billion and more | SP Investment - 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