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Market Update

Emirates Hills Real Estate Market Report Q1 2022

19 April 2022 Written by Arpan

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Emirates Hills is one of Dubai’s most established neighbourhoods, and has distinguished itself as the city’s most elite residential area. That withstanding, it has a much more mature market compared to other residential areas in Dubai. As such, the market can move at a slower pace to some of the other neighbourhoods, with a much longer market realisation period.

Although year on year, prices have decreased, average price per square foot has gone up. This can be explained by the fact average property sizes have gone down, which shows that buyers are buying smaller properties. As a general trend throughout the city, buyers are looking for more modern contemporary properties in Dubai. This has meant that demand for Emirates Hills properties, which tend to be a bit older and feature more traditional architectural styles, has not been as high as some of the newer communities.
 

If you are interested in buying a property in one of Dubai's most exclusive and luxurious neighbourhoods, then take a look at some of our luxurious villas in Emirates Hills.

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About the Author

Arpan

Jason Hayes is the founder of LuxuryProperty.com and is a leading authority on luxury real estate both globally and in Dubai. Taking the Management lead on the Private Client Office, he is internationally recognised for his expertise in high-end property markets.

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