Real estate companies in dubai
Suburban Living in Dubai The Rise of Townhouse and Villa Communities
- January 11, 2023
- 5:53 pm
- Townhouse and Villa
Real estate companies in dubai
According to analysts, as more families choose to establish roots in the emirate, demand for townhouse and villa communities in the suburbs of Dubai is on the rise. The popularity of these neighborhoods is consistent with a shift away from apartment living in the city’s center that started during the pandemic.
Before the pandemic, we had already seen a shift from apartment living to townhouse and villa complexes in Dubai. This was an indication of a maturing market, as it meant that individuals were staying in Dubai longer to settle down and establish families. However, the pandemic has accelerated this trend, with demand for townhouses and villas reaching an all-time high.
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One example of a popular development that has seen a significant increase in demand is Dubai Hills. This community is renowned for its green spaces and offers a wide range of amenities and international schools within close range. However, due to high demand, availability is scarce, and prices have risen significantly. This has forced some residents to move further between the 311 and 611 roads in search of more affordable options.
This trend is driven by the lifestyle appeal of these communities, particularly for families. Townhouse and villa communities offer more space and privacy than apartments, and many offer access to community amenities such as swimming pools, gyms, and playgrounds. The proximity of international schools is also a major draw for families with school-aged children.
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However, it’s not just families driving demand for these communities. Younger couples, particularly those who work from home or in hybrid roles, are also moving into these neighborhoods. In addition, the ability to have more space and a home office is becoming increasingly desirable for people who are no longer tied to working in a traditional office environment.
The new developments in the area will help alleviate pressure on Dubai’s property market as more options become available to residents. Many of these will be mortgage buyers who would have liked to buy sooner, but the payment plans, particularly the cash required for an off-plan resale, were previously not feasible.
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However, it’s important to note that experts predict that demand will continue to outstrip supply in 2023. This means that prices for townhouses and villas in these communities will likely continue to rise. As such, prospective buyers must research their options carefully and act quickly if they find a property that meets their needs.
If you are currently residing in dubai and has a growing desire for more space and privacy, get in touch with us immediately and we can help you find the perfect home and investment:
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