Dubai s ready villa/townhouse sales hits new high in Q1
DUBAI, 6 hours, 36 minutes ago Dubai s residential sector witnessed increased activity in the first quarter with a total of 2,231 ready villas/townhouses having been sold during the period compared to 673 last year, acording to UAE real estate portal Property Finder. The pandemic brought forth a lot of new trends into the real estate sector, not only in Dubai but across the world. One of the most significant trends was a clear increase in demand for villa/townhouses which have transpired into sales transactions, stated Property Finder in its report. In Q1, the transaction numbers were higher than ever and registered record breaking month-on-month sales for ready properties, with the villa/townhouse segment leading the way, said the report.