The addition of new units, particularly in popular areas, helps meet demand and stabilize prices. However, an oversupply can lead to price corrections.
Faq Group
Market Trends
Expected trends include continued growth in demand for high-quality villas and apartments, increased interest in sustainable and smart home features, and a steady influx of foreign investors.
The rental market remains robust with steady demand, particularly for apartments. Rental rates have increased by an average of 4% over the past year.
Villa prices are generally higher than apartment prices due to larger sizes and more amenities. For instance, villas in Saadiyat Island average AED 1,337 psf compared to apartments at AED 1,030 psf.