A survey by YouGov has revealed that 60% of investors expect Dubai’s real estate market to grow over the next 12 months.
The results demonstrated 54% of home buyers feel positive about the continuing growth of the Dubai real estate market and a further 58% expect an increase in sales and rental prices over the next year, all indications point towards a buoyancy in the residential market.
The YouGov survey has shown that location is a significant factor in determining where investors purchase their properties in the Emirates. According to 861 UAE residents, properties near public transportation are the most attractive and in demand (56%), followed by those close to grocery stores (44%), retail shopping malls (41%) and Mosques (37%).
The poll, conducted exclusively for Informa, the organisers of Cityscape Global, the study also revealed that studios and one bedroom apartments are growing in popularity in the UAE real estate market, with investors shifting their focus to smaller, affordable residential options.
