Welcome back to the TrackCapital weekly news round-up. I hope you’re having a great week.
This week, we’ve been exploring the wealth of unique investment opportunities that are exclusive to the dynamic and innovative Dubai property market.
Whether you’re seeking a stylish one-bedroom apartment in an affordable area, a family-friendly neighbourhood with top-tier schools and healthcare, or a premium investment with luxurious hotel-style amenities that attract and retain quality tenants, there is truly something for everyone.
If you’re interested in our top 3 picks for buyers in Dubai, reply to this email today, and we’ll send you everything you need to know—and more!
Now, let’s take a look at the latest headlines that have caught our eye this week…
We would really appreciate it if you could subscribe and leave feedback for our Podcast on Apple.
Property News This Week
Meanwhile, residents looking for larger units are moving to the outskirts of the city where they are still somewhat affordable. As reported by Khaleej Times earlier, people are increasingly opting for larger properties at lower price points on the outskirts owing to high rates in established Dubai communities.
Revealed: 15 Dubai areas where millionaires are buying homes: New posh communities may have been gaining popularity in Dubai but three staple neighbourhoods remain on top of millionaires’ list: Dubai Marina, Downtown and Business Bay. These three prime residential areas where millionaires are buying properties, said a new study released on Tuesday.
Millionaires from new markets are now flocking to Dubai to cash in on lower prices and high growth, according to the annual survey conducted by real estate consultancy firm Knight Frank. Based on a survey of 217 respondents from 11 countries with a value of $20 million, it found that the US, China, Canada, UK and India are the top markets from where millionaires plan to buy property in Dubai.
That’s all of this week’s most important news. If you’ve got any comments or questions about any of these headlines, hit reply and we talk further about the market and your own property investment goals.
Otherwise, I’ll see you next week for your property market round-up. Have a great weekend!
Tobi Mancuso
Director, Track Capital
Listen to The Pure Property Podcast from Track Capital here
