Top Selling Projects for Hadaeq Sheikh Mohammed Bin Rashid
Dubai's real estate market has always been a hot topic for investors and potential buyers. With its luxurious lifestyle and thriving economy, it has become one of the most sought-after destinations for property investment. Among the many projects that Dubai offers, here are the top selling projects by value in Hadaeq Sheikh Mohammed Bin Rashid.
Emaar Dubai Hills Estate, with a current rate of AED 1,920 and a sale/rent value of AED 2,079M, is the top-selling project in Hadaeq Sheikh Mohammed Bin Rashid. With a change value of +AED 162, it has become a popular choice for investors.
Emaar Park Point, with a current rate of AED 1,752 and a sale/rent value of AED 685M, is the second most popular project. With a change value of +AED 244, it has seen a significant increase in demand recently.
Emaar Park Ridge, with a current rate of AED 1,647 and a sale/rent value of AED 157M, is the third most popular project. Though it has seen a decrease in its change value (-AED 27), it is still a popular choice among buyers and investors.
Mag Eye, with a current rate of AED 1,386 and a sale/rent value of AED 137M, is the fourth most popular project. With a change value of +AED 81, it has become a lucrative option for investors.
Emaar Lime Gardens and Emaar Acacia, with a current rate of AED 1,874 and AED 1,437 respectively, and sale/rent values of AED 61M and AED 48M, are the fifth and sixth most popular projects. While they have not seen any change in value recently, they still offer a great investment opportunity.
Emaar Park Heights 1, with a current rate of AED 1,420 and a sale/rent value of AED 47M, is the seventh most popular project. With a change value of +AED 70, it has seen a surge in demand recently.
Emaar Mulberry, with a current rate of AED 1,329 and a sale/rent value of AED 40M, is the eighth most popular project. Despite a decrease in its change value (-AED 145), it is still a great investment opportunity in Hadaeq Sheikh Mohammed Bin Rashid.
Emaar Golf Ville and AKS The Pinnacle, with a current rate of AED 1,487 and AED 1,385 respectively, and sale/rent values of AED 38M and AED 22M, are the ninth and tenth most popular projects. Though they have not seen any recent change in value, they are still a great option for investment.
In conclusion, Hadaeq Sheikh Mohammed Bin Rashid offers a plethora of investment opportunities in the real estate market. With the top selling projects by value mentioned above, investors and buyers can make an informed decision and capitalize on the thriving real estate market in Dubai.
Price Trend For Hadaeq Sheikh Mohammed Bin Rashid
Location Sales Trend: Hadaeq Sheikh Mohammed Bin Rashid
Hadaeq Sheikh Mohammed Bin Rashid is one of the most sought-after residential areas in Dubai. This area is known for its luxurious and spacious villas, apartments, and townhouses. The location sales trend in Hadaeq Sheikh Mohammed Bin Rashid has been consistently positive over the past few years. Let's take a look at the location's price trend and sales data.
Average Rate/Sq.Ft
According to the data provided, the average rate per square foot in Hadaeq Sheikh Mohammed Bin Rashid has been on an upward trend. From Q1'22 to Q1'23, the average rate per square foot increased from 1511 AED to 1851 AED. This indicates that the demand for residential properties in this area is high, and the prices are rising.
No of Transactions
The number of transactions in Hadaeq Sheikh Mohammed Bin Rashid has been fluctuating over the past year. In Q1'22, there were 350 transactions, which decreased to 283 in Q2'22. However, in Q3'22, the number of transactions increased significantly to 824, indicating a surge in demand for properties in this area. The number of transactions decreased slightly in Q4'22 and Q1'23, with 718 and 713 transactions, respectively.
Overall, the location sales trend in Hadaeq Sheikh Mohammed Bin Rashid is positive, with an increase in the average rate per square foot. The number of transactions has also been fluctuating, but there is a significant increase in demand in Q3'22. If you're considering buying or selling a property in this area, it's essential to keep these trends in mind to make informed decisions.
Summary For Hadaeq Sheikh Mohammed Bin Rashid
Location Summary:
The Hadaeq Sheikh Mohammed Bin Rashid area has seen a total of 3,766 sales transactions, with a gross sales value of AED 5 billion. The current rate per square foot in the area is AED 1,784, and there has been a positive price movement of +AED 388.
Overall, the Hadaeq Sheikh Mohammed Bin Rashid area appears to be in a healthy state in terms of real estate sales and pricing. The high number of sales transactions and gross sales value suggest that there is demand for properties in the area, and the positive price movement indicates that property values are on the rise. The current rate per square foot is also relatively high, which could be a positive sign for property owners and investors looking to sell or rent out their properties.
However, it's important to note that real estate conditions can change quickly, and there may be other factors that could impact the market in the future. It's always a good idea to do thorough research and consult with experts before making any major real estate decisions.
