Zazen Properties: ROI up to 10%
42.5% increase in Dubai's off-plan property sales in April
Dubai real estate is witnessing a great demand from investors. From the source
Zazen Properties, a UAE-based sustainable real estate developer, has revealed a significant increase in off-plan sales in April, by 42.5% year-on-year.
The company said in a statement yesterday that investors prefer to buy off-plan properties instead of ready-made real estate projects, to benefit from investment returns in such properties, which can reach 10% based on location, quality of construction and existing facilities.
The company stressed that Dubai, thanks to the economic stability of the UAE compared to other countries in the world, is witnessing a great demand from foreign investors wishing to benefit from the advantages of safe investment in various sectors, especially real estate.
She said that the real estate sector has witnessed an increasing trend among development companies to build apartments that meet all modern standards, pointing to the forefront of green projects.
The company expects this trend to remain stable in the near future, with initiatives such as the Dubai Urban Plan 2040 and the Strategic Initiative to achieve climate neutrality by 2050, which require immediate change to achieve future prosperity.
Madhav Dahar, co-founder and chief operating officer of Zazen Properties, said the UAE's real estate sector has continued to thrive in recent years, thanks to the country's renewed potential, noting that sector analyses have shown this momentum to continue, at least for now.