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.
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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.