A recent survey has seen a surge in European investors snapping up ready properties in Dubai. The uncertainty in today's geopolitical climate is driving European investors, business owners and families to consider Dubai as key business and lifestyle hub and real estate as a safe investment.
This surge in demand has resulted in the secondary market heating up with prices surging over 15% in the past two months. Investors primarily from Germany, UK, Italy, and France are buying ready properties in the luxury segment as soon as they are available, especially in popular areas such as Palm Jumeirah, Dubai Marina, Dubai Creek and Downtown.
European client base increase 20% in Q1 2022 compared to the same period last year.