The residents who intend to stay in Dubai on a long-term basis are increasingly opting to purchase properties rather than rent them.
Recently, in March, Danube Properties’ 300M AED Pearlz project was sold out on day one of its launch.
We have successfully sold out the complete launched inventory of our project. Moreover, the projects are being successfully sold out because many investors have a lot of confidence in Dubai, plus prices in Dubai are much lower than other major cities.Rizwan Sajan, founder and chairman of Danube Group.
Therefore, a lot of investors are investing in property to hedge against inflation.