2023-05-14-莱坊-Dubai_Residential_Market_Review_Spring_2023_11页_7mb

报告摘要

Dubai's residential market shows year-on-year price increases, with values rising by 5.6% in Q1 2023.
Prime residential neighborhoods, such as Palm Jumeirah, Emirates Hills, and Jumeirah Bay Island, lead the market.
Villa prices have surged by 44% since 2020, reaching peaks from 2014.
Apartments prices, including branded ones, have increased due to high demand from international UHNWIs.
Top regions like Palm Jumeirah and Dubai Hills Estate continue to dominate luxury home sales.

Palm Jumeirah remains the top performer with 53% year-over-year growth and 12% Q1 price rises.
Dubai Hills Estate and District One are emerging as strong contenders.
Branded properties are key drivers of growth, especially in luxury segments.
Inland communities like Tilal Al Ghaf are gaining prominence due to limited waterfront developments.

New high-end projects remain limited; supply in prime areas is constrained.
Apartments dominate supply growth, with upcoming launches concentrated in key corridors.
Total residential supply expected between 2023-2026: ~66k apartments and 28k villas.

Prime residential market expected to grow at 13.5% in 2023, the highest globally.
Market attractability driven by Dubai’s safe haven status and affordability.
Saudi Arabia market remains supportive, aiding market sentiment and investment flows.