Why Townhouses and Villas are showing increase in price ?????
Dubai is home to around 226 communities further divided into 9 sectors .Townhouses and villas have been always in demand as the ownership is for the plot and makes it a much more attractive investment both for investors and end users. One of the reason is the low service charges ranging from 1.50 to 3.00 Aed / sq.ft and communities given by all the top developers have made it a safe investment ensuring 6 to 7% return on investment. As we are coming closer to Expo 2021 all the brand new communities are entering in there last phase and resulted in increase in demand and low supply have indeed given a boom both in rents and sale price. A very wise initiative to develop communities towards Qudra Street from Arabian Ranches by Emaar and Mudon Villas by Dubai Properties have now been extended by Akoya Communities by Damac and Cherry woods by Meraas to name a few. The sale price of the Villas and Townhouses communities have increased by to 100,000 to 200,000aed in pric...