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Dubai's real estate market in 2023 is the map to investment success
Apr 27, 2023
Dubai's real estate market in 2023 is the map to investment success Dubai
By   Press Release
  • City News
  • Dubai property
  • investment property
  • housing market trends
Abstract: According to the Realiste team, it is important to conduct research before investing in any property in Dubai.

Before investing in any property in Dubai, it is important to conduct research to understand current market trends and identify areas with high growth potential, according to the Realiste team. Checking property listings and talking to real estate experts can help to keep up to date with the latest market trends and opportunities.

 

In Dubai, location is everything. Investors should consider properties in areas that are in high demand and are expected to grow in the future. To identify them, they can use Realiste's artificial intelligence. It takes into account factors such as proximity to amenities and infrastructure such as hospitals and schools, public transport and major landmarks to identify the best locations in a matter of seconds.

 

In addition, it highlights the most expensive and undervalued areas and calculates appreciation rates and returns on investment over the next three years.

 Dubai's real estate market in 2023 is the map to investment success

Currently, Realiste's artificial intelligence platform 'Index' offers future predictions based on various factors, such as the launch of new infrastructure projects in an area. For example, users can see how the launch of the lagoon in the Sobha Hartland district in the fourth quarter of 2025 will affect the prices of flats in the Splendor residential area developed by Gemini, explains Alex Galtsev, founder of Realiste.

 

It is also important to consider the track record of the developer. Choosing a reputable developer with a track record of delivering quality properties on time is essential to ensure the safety of your investment. In addition, research on the developer can give investors an idea of the return they can expect on their investment.

 

Using Realiste's product 'The Index', investors can access information on the top three and top ten developers in Dubai. The platform ranks construction companies based on six possible options, including one-, two- and three-year price growth forecasts, rental yields, square footage prices and number of units. In addition, the platform provides a map to view the areas where developers are building projects and access to data on surrounding areas.

 

'Using this tool, you can now see that Nakheel has the best price-to-property ratio for rental income of any developer. With just one click, the user can identify the areas where the developer is building projects, see the number of units they are taking on and compare this data with that of other developers', - says Alex Galtsev.

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Dubai's real estate market in 2023 is the map to investment success
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