BackJumeirah Golf Estates has seen a surge in demand in recent months, but a lack of supply has resulted in a decrease in transactions.
A key contributor to this is the increase in property values, which has resulted in the community shifting towards the prime and super prime sectors, with an overwhelmingly large increase in transactions above AED 5m.
Whilst this shift has decreased the pool of potential buyers, it is seen as a positive for the community's stability, ensuring its property market is not overleveraged, consequently, making it an attractive investment opportunity. With property values expected to continue rising,
Jumeirah Golf Estates is a must-watch area for investors, especially considering its growing popularity amongst the city’s elite. For more insights into Jumeirah Golf Estates property market, take a look at our latest report.
