To date, the value of shares of such Dubai developers as Emaar and Arabtec rose in price by 86% and 46% respectively, and the value of the shares of another major developer Union Properties has increased by 46%. It was also noted an increase in the number of transactions with real estate in all locations of the emirate.
This trend was noted in the reports of two analytical agencies Allsopp & Allsopp and Global Capital Partners. According to them, the housing market of Dubai has become more active by investors, and the shares of local developers are in the tops of many of the financial markets.
Pursuant to the observations of both companies, the property market in the emirate’s segment both elite and affordable housing is gradually returning to the stable positions attracting more and more investors from all over the globe.