Land plot with a villa in Dubai

The most expensive land plot with a villa in Dubai sold for $163.3 million.

Palm Jumeirah Plot area – 5,537m² According to the report of the Dubai Land Department, the biggest deals of the past week were also:

• Land plot in Palm Jumeirah – $56.2 million
• Land plot in Al Satwa – $11.9 million

The most expensive villa in Dubai sold this month.

Short term property owners earn 20-50% more, according to real estate experts.

Growth in demand for short-term rental property is expected to accelerate in 2022 once the new visa system comes into effect.

The number of requests to buy real estate in Dubai by investors from India has increased dramatically since August 2022.

Dubai's high residential property rents have been a catalyst for investment in this industry. Record growth in the average rent was registered in Dubai in September 2022.