As specialists in cryptocurrency property purchases in Dubai, Nexus Group can help you get the house of your dreams in a seamless process.
The Dubai real estate market is currently experiencing remarkable expansion. During 2022, the average prices for real estate increased by 9.5%, with apartments rising by 9% and villas by 12.8%. In December 2022, the average apartment price in Dubai was AED 1,168 (USD 318) per sqft, while the average villa price was AED 1,385 (USD 377) per sqft. Benefiting from a thriving economic framework and boasting substantial capital growth and rental yields, Dubai’s real estate market unquestionably emerges as the perfect destination for investment. Notably, a total of 122,658 real estate transactions were registered in the emirate in 2022, marking a significant increase of 44.7% from 2021. The past year also witnessed 80,216 investors registering 115,183 new real estate investments valued at AED 264.15 billion, representing an annual growth of 59.5% in volume and 78.4% in value.
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