The property developer “DHG Properties” has just announced the launch of its first project in the United Arab Emirates: “Helvetia Residences”. The developer is ready to start OFF-plan sales in September 2023.
This news comes amid rising demand for real estate in Dubai. As reported in Bayut’s Dubai Property Market Report for the first half of 2023, rents in Dubai have skyrocketed with a staggering 70 percent increase in key areas. Both local and international investors are actively driving this market demand.
Areas such as Jumeirah Village Circle (JVC), Jumeirah Lake Towers, DAMAC Hills and Furjan have proven to be hotspots for prospective real estate buyers. However, wealthy investors are particularly interested in Dubai Marina, Downtown Dubai, Arabian Ranches and Dubai Hills Estate.
The real estate sector in Qatar also recorded remarkable growth, reaching USD 22.5 billion last year, making it the second largest sector after the energy sector.
DHG Properties’ ambitious project in Dubai is likely to contribute to the booming real estate market. Blagoje Antić, Founder and Director of DHG Properties, expressed his excitement about entering the UAE market and emphasized that the city is attractive to people from all over the world due to its charming lifestyle and good business opportunities.
The beautifully designed residential development in JVC with easy access to highways and affordable prices promises a vibrant living experience for people of all ages, making it a prime choice for DHG Properties’ first project in the UAE.
Source: www.arabianbusiness.com
