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Market Update

Tilal al Ghaf Market Report - Q2 2023

14 July 2023 Written by Jason Hayes

Tilal Al Ghaf, Majid Al Futtaim's premier residential community in Dubai, has made significant strides in the first half of 2023, as detailed in our latest analysis. With the handover of its first phase, Elan, the project has witnessed a surge in interest and a substantial increase in property values, marking a promising start for this highly anticipated community.

Our analysis delves into the key trends shaping Tilal Al Ghaf's journey. We explore the dynamics that have led to a remarkable 93% increase in leads over the past year and the slowdown in transaction volume due to a supply-side issue. Notably, Tilal Al Ghaf has demonstrated its stability and growth potential by outperforming similar communities in Dubai.

Looking ahead, Tilal Al Ghaf is poised for a bright future. With diverse offerings catering to a broad spectrum of buyers and imminent handover phases, the community is well-positioned to capitalize on the high demand for such properties. Our findings underscore Tilal Al Ghaf's potential to continue outperforming similar communities, promising a prosperous future for its investors and residents.

For investors seeking profitable opportunities and end-users aspiring to be part of this vibrant community, our latest analysis on Tilal Al Ghaf offers valuable insights. The promising start and potential for growth highlighted in our findings underscore the ongoing success of Tilal Al Ghaf.

You can download the latest version of this analysis below.

About the Author

Jason Hayes

Jason Hayes is the founder of LuxuryProperty.com and is a leading authority on luxury real estate both globally and in Dubai. Taking the Management lead on the Private Client Office, he is internationally recognised for his expertise in high-end property markets.

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