On the coast of Dubai housing for the year increased in price by 20%

The cost of real estate in Dubai, located on the coast, increased by 15-20% since the middle of last year to the present time, according to the online source Emirates 24/7 with reference to local experts data. According to some experts, the rise in prices touched mainly villas rather than apartments. Apartments in the coastal areas during this period went up by no more than 10%. The most popular among buyers villa on an artificial island The Palm Jumeirah, as well as projects in the Tiara, Oceana and Kempinski. Properties in Jumeirah Beach Residence (JBR) more affordable, while on The Palm Jumeirah are the most expensive villas. The cost of housing on the JBR an average of 900 dirhams ($ 245) per square meter. foot (0.09 sq. m), and in projects and Kempinski Palm Jumeiarh Villas comes to 2,200 dirhams (about $ 600) per square meter. foot (0.09 sq. m). HomesOverseas.ru