Unique Properties Expands into Dubai’s Booming Secondary Market
The transformation of the Dubai’s real estate market can be seen through the recent strategic entry of Unique Properties into the secondary market. Specializing in property management and sales since 2008, Unique Properties is in a vantage position to expand its services by taking advantage of the strong demand in this market.
It is opportune for Unique Properties, given the current growth of the real estate industry in Dubai. Another segment – the resale market, has also developed rapidly. This way Unique Properties can expand its portfolio and provide more options to the investors as well as the end-users especially for the ready-to-move-in properties.
Dubai’s secondary market is thriving due to several factors:
- Increased Investor Confidence: The market is very stable and has great potentials for growth that is why local and international investors are interested in it.
- Robust Legal Framework: The rules of Dubai are very strict and safeguard investors and thus make the investment in the city secure.
- High Rental Yields: Due to the ever rising demand for homes that are on rent, investors can be assured of very good returns from their investment.
Dubai Land Department and IPS 2024
Complementing this growth, the Dubai Land Department (DLD) and the International Property Show (IPS) are most significant in presenting the Dubai real estate investment opportunities. The IPS 2024 will be held at Dubai World Trade Centre and aims to showcase investment opportunities in the city while attracting property professionals and investors.
As Dubai real estate market is expected to sustain its growth, Unique Properties’ strategic move into the secondary market puts the company in a vantage position. Not only does it expand their service lines but it also fits well with the emirate’s goal of being a real estate investment destination of choice.