Dubai established itself in 2024 as the perfect site for real estate investments, where a new phenomenon emerged during this period: resale. In Dubai, this system accounted for 34% compared to 2023, leading to a 1300% increase over the past five years. According to the fäm Properties report, this secondary market presented a significant challenge that ultimately paid off.
The resale phenomenon generated 59.7 billion in revenue for the city in 2024, representing a 32% increase compared to previous years and making it one of the most promising for investors who see this destination as ideal for establishing themselves. This figure further solidifies Dubai’s position as one of the top choices for investments.
What the resale phenomenon in Dubai entails
Dubai is one of the best locations for real estate investment, offering a return on investment of 7 to 12 percent. Among the most profitable options in this vast market, resale has gained significant traction in the past year. This practice occurs when a development or residence is still under construction, and the buyer decides to resell it before the project is completed.
This is possible because demand often exceeds supply, allowing owners to profit from their investments before even receiving the keys. To make this type of investment, it is essential for buyers to analyze the market, the development they are interested in, and whether it will have high demand. As a result, many of these properties are villas with incredible views and strategic locations.
How to choose the best resale option in Dubai
Real estate experts recommend that initial buyers assess whether the development in question will have greater demand than supply to make a smart purchase that can be resold without any issues. The process begins when the investor pays a little more for the project and its contract.
When selling it to another buyer, they must reimburse the initial investment, pay the capital gain, and provide a certain amount to the developer. In some cases, developers allow resale if they have received 30 to 40 percent of the total property price, even if the payment plan extends for two years to reach this amount.
The regions in Dubai where resale was successful
Several areas in the city have successfully embraced this phenomenon, with reports from the past year indicating that Dubai Marina, Dubai Hills Estate, Downtown Dubai, and Business Bay lead the list of areas with the highest annual capital appreciation, along with Jumeirah Village Circle. Experts highlight that this trend is driven by Dubai’s investor-friendly policies and the efforts of the Dubai Land Department.
According to specialists, these profits serve as a magnet for new capital, reinforcing the resilience and long-term potential of the country’s market. Beyond resale, traditional sales also increased during 2024 in Dubai, and this trend is expected to continue growing this year.
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