Knight Frank tracks recovery in Palm Jumeriah property market

knight frank tracks recovery in palm jumeriah property market

The Dubai real estate market has continued to slowly recover in early 2021, according to the Prime Residential Palm Jumeirah Update from Knight Frank.

The research finds total transaction volumes in Dubai, in the year to date to quarter one of 2021, increased by 12.1 per cent over the same period from last year.

“The Palm Jumeirah market is continuing to show a much faster recovery compared to many other key residential communities in Dubai, with average apartment and villa prices increasing by 8.5 per cent and 6.6 per cent respectively, in the year to March 2021,” the report added.

Agents at Knight Frank added the Royal Atlantis Residences are set to become one of the most coveted global addresses and a true icon on the Dubai skyline when completed in quarter four of this year.

Properties are likely to start around the US$2 million mark.

Older

Newer

The Travel Corporation seeks carbon neutrality by 2030

Want to know more click here go to source.

From -
Close
Generic selectors
Exact matches only
Search in title
Search in content
Search in posts
Search in pages

Site Language


Travel Categories

By continuing to use the site, you agree to the use of cookies. more information

The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.

Close