Higher yields for investors on Low property prices

Posted by Own A Space on April 26th, 2016

Director of SPF Realty Ranjeet Chavan says that the last two quarters of 2016 should see higher demand in the Dubai real estate market.

This can be great news for prospective investors who are waiting for a Dubai property prices to come down before purchasing. In continuation, Chavan says that a lot of development in infrastructure is going-on in Dubai and with government’s large investment in Infrastructure projects there would be foreseen growth in tourism sector & more companies will forward to make their base for GCC & African Regions.

Chavan admits that Dubai property market went through a good correction phase in 2015. In the past few years, buyers/investors are well informed about the market conditions and Dubai’s real estate market has become a lot more mature. Developers with quality project combined with a reasonable price on a good location and innovative payment plan will emerge winners and attract investors.

In the meanwhile, ready properties on prime locations such as Business Bay and Downtown Dubai will continue to perform well. With operational community developments and completed Infrastructure these areas will run the real-estate market for the next few years. SPF Realty had achieved sales of over DH 2 billion 2015, an increase of eight percent from 2014. In comparison to 2015 SPF expects a 25 percent increase in Sales in 2016.

SPF Realty is showcasing three of Jumeirah Golf Estates key developments in a private event on 27th of February 2016 in Delhi.

In the past recent years, Indians have emerged as the largest investors group in Dubai’s property market. During 2015 it was estimated that Indian investment totaling above Rs 300 billion in Dubai’s property market was almost twice that of the United Kingdom; next biggest investor. Real estate investors from India have shown a preference marked for properties in Dubai, the hassle-free purchase procedures as well as the rationalizing of property prices in the region.

Yousuf Kazim, CEO of Jumeirah Golf Estates says: We are excited to meet buyers from Delhi, who are well aware of the benefits of owning property in Dubai, in terms of quality of life along-with in terms of returns on investment. We are confident that SPF Realty, reaching the Indian investment community, is the right partner for customers from the country looking for world-class property options, form one bed-room apartment to a six bedroom villa.

Further Yousuf Kazim says: our properties provides an unforgettable experience for golfers with two world-class designed Greg Norman golf courses, as one of the few places in Dubai to be surrounded by nature as well as residents seeking luxury homes with quality and a peaceful setting within easy reach of Dubai’s top attractions.

About the Author:-

The article is written by Reenna Arora, associated with Own A Space, one of the leading property portal of Dubai. We cover all kind of properties across Dubai and other Emirates. It is your Own Space catering to various real-estates related needs and it’s here the buyer and seller meet online with detailed information on property requirements of the client.