May 14, 2024
Dubai's real estate landscape is currently characterized by robust demand and limited supply, particularly in the ready villa and townhouse segments, where rents have reached all-time highs. Several prominent developments and launches are shaping the market dynamics, reflecting diverse offerings from luxury villas to low-rise apartments. Here's a quick breakdown:
High Demand in Ready Villa & Townhouse Market:
Demand exceeds supply, leading to record-high rents.
Aldar's Athlon Sold Out with Exception of Premium Villas:
Athlon by Aldar has achieved full sales, with only premium villas remaining available.
Acres Offering 2% DLD Waiver on 5-Bedroom Sales:
Ongoing sales at Acres by Meraas with a DLD waiver incentive until month-end.
Sobha Reserve: Limited Availability of 6-Bedroom Villas:
Few 6-bedroom villas remain for sale in Sobha Reserve.
Nad Al Sheba Gardens in MBR City: Phase Expansion Imminent:
Meraas set to launch the fourth phase of townhouses and villas in Nad Al Sheba Gardens.
Ghaf Woods: Upcoming Low-Rise Apartment Community by Majid Al Futtaim:
Anticipated announcement of Ghaf Woods, a new low-rise apartment project.
Emaar's Luxury Villas in Oasis Expected in July 2024:
Emaar plans to release luxury villas in Oasis by July 2024.
Upcoming Supply Handovers in 2024:
Various projects, including June 2, Caya Ranches 3, Paradise Hills, Harmony TAG, Santorini Lagoons, and D1 Phase 3, scheduled for handover in 2024.