Current Trends in UAE Real Estate: A Golden Opportunity with Meelad Properties

For years, the UAE has been the cradle of luxury and real estate innovation, and 2020 was no exception. COVID-19 broke many markets, but the luxury real estate market in the UAE continued to grow, especially in Dubai. This allowed high-net-worth individuals to take advantage of high-end properties and continue to keep their luxury market resilient despite world-wide setbacks.

As we look at the trends emerging in the UAE real estate markets, it is evident that more people are looking towards their villa communities than ever. Thus, Palm Jumeirah, Al Barari, or Jumeirah Golf Estates and other areas have witnessed increased demand wherein luxury, comfort, and nature prevail.

With Meelad Properties, you will get the most exquisite collection of houses in these high-demand areas that allow you to invest in the best real estate the UAE has to offer.

A Rise in Luxury Villa Communities

The trend of luxury living in villa communities has been gaining momentum, and it’s not hard to see why. The need for more space, privacy, and luxury amenities makes villa communities incredibly popular. Areas that offer large built-up areas, extensive greenery, and a peaceful environment are perfect for families and individuals looking for comfort and style.

Some of the most sought-after villa communities include:

Palm Jumeirah : It is luxury, after all – Palm Jumeirah is a top-of-the-line destination for people living in luxury. And those who own homes at the property enjoy fantastic views and beachside access. In short, with some of the best villas and apartments in Dubai, here are Palm Jumeirah apartments – the perfect luxury living at its finest.

• Al Barari: Famous for its lush greenery and huge properties, Al Barari is indeed a paradise for nature lovers. The expansive homes in this villa community are set amidst botanical gardens that make the environment a haven of peace and serenity.
• Jumeirah Golf Estates: As one of the premier family-friendly communities in Dubai, Jumeirah Golf Estates is home to world-class golf courses, spacious villas, and a host of luxury amenities. Whether you’re an avid golfer or simply appreciate luxury living, Jumeirah Golf Estates offers the perfect setting.

Why the UAE is a Prime Location for Investment

The UAE has established itself as one of the luxury real estate markets and holds undeniable investment potential. Despite entering the luxury property market relatively recently, the UAE has already gained its place as a top contender globally.

The Freehold Property Concept was introduced in 2002, under which foreign investors were allowed to purchase property in the UAE. This granted a boom to the real estate sector and opened up the UAE to global investors, thus solidifying its position in the luxury property world globally.

• Higher ROI and Lower Prices Compared to Other Cities: Luxury real estate in the UAE offers unmatched value. Compared to cities like Monaco, London, or New York, properties in the UAE are significantly more affordable, allowing buyers to secure large, luxurious homes for a fraction of the cost. For example, with $1 million, investors can purchase up to **3,000 sq. A better understanding of luxury property’s share in the total UAE luxury property market, versus merely *441 sq. ft.* in Geneva or 172 sq. ft. in Monaco, respectively.

The number of luxury property sales in Dubai in 2019 reached a significant amount of 194, a marked increase from 115 recorded the previous year. The growth signifies that demand is good and confidence is growing in the UAE’s real estate market, particularly by international buyers looking for value and long-term growth.

You are not just buying a home, you are buying an asset with tremendous potential for capital appreciation. The luxury market in the UAE offers one of the best values per square foot compared to other cities such as London, New York, Singapore, or Hong Kong, where luxury homes are much more expensive and have much smaller spaces.

Meelad Properties: Your Gateway to Luxury Living in the UAE

We at Meelad Properties cater to offering a handpicked set of premium properties across the UAE. We can help you with a lavish villa in Palm Jumeirah, a family home in Jumeirah Golf Estates, and other prestigious addresses in Dubai and Abu Dhabi.

Some of the finest luxury properties available with Meelad Properties:

• Palm Jumeirah Villas: With a choice of Signature Villas, Serviced Villas, and beachfront properties, Palm Jumeirah offers the perfect blend of luxury and convenience. Whether you are looking for a spacious 6-bedroom villa with breathtaking views or a 5-bedroom serviced villa near the Emerald Palace Kempinski Hotel, Meelad Properties has the ideal home for you.
• Al Barari Villas: Known for their sprawling gardens and eco-friendly design, the villas in Al Barari provide a luxurious retreat for those seeking peace and greenery in the heart of the city.
• Jumeirah Golf Estates Homes: If you’re looking for a sophisticated family-friendly environment with golf course views and modern amenities, Jumeirah Golf Estates offers the perfect choice.

Dubai Marina Apartments : For those who love the hustle and bustle of city life with wondrous views of water, we have luxury apartments in Dubai Marina, including penthouses and upscale residences with wonderful facilities.

Conclusion

The luxury real estate market is constantly growing in the UAE, and it’s the ideal time to invest. With unparalleled value offered by properties in locations such as Palm Jumeirah, Al Barari, and Jumeirah Golf Estates, it allows high-net-worth individuals to live a more superior quality of life while at the same time securing an asset that can generate the best returns.

Here at Meelad Properties, we are here to assist in every step of your investment with us, so we are absolutely sure that you are buying just the right property suited to your tastes and lifestyle. So come talk to us today to experience the most marvelous luxury properties in the UAE!