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Market Update

Dubai Marina Market Report - Autumn 2022

16 December 2022 Written by Jason Hayes

Dubai Marina is by far one of the most popular communities in Dubai, and despite property values increasing by 23%, it is still taking on the highest market share for both leads, and transactions, which sit at 9.9% and 9.5% respectively.

 

Whilst Dubai Marina has long been a popular area for investors thanks to its attractive rental yields, price stability, as well as strong rental market, there is an increasing number of end users coming to the market.

 

We have also noticed that there has been a sizable increase in the number of high value transactions, both in the sales and rental markets. with super prime sales seeing a year on year increase of 18% whilst rentals saw an increase of 25%.

 

So what's caused this sudden influx of ultra wealthy individuals in Dubai Marina? In our latest market report we provide detailed insights into this popular community, examining key trends in the market.

 

In our latest market report, we take a further look into these issues, as well as provide a detailed analysis of other key trends occurring in Dubai Marina.

 

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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