Are town houses making a mark on Dubai property?
Posted Nov 16, 2007 @ 9:04 am, Viewed by 425 Visitors, Read 433 Times.
When you think about buying property in Dubai, most people limit their choices to villas or apartments. While this is true for the most part, there has been a sudden increase in the number of town homes available on the market, which might be a good solution for families that want to live in a house, but don’t want the huge villa or the costs associated with a villa.
Choosing your property in Dubai
Most property investors are buying a property that meets all their standards, but is also a viable investment should they come to sell, and many people do. This is a good reason to buy a town home, as they are still quite scarce even though their popularity is increasing. Since a standard villa is much more common, not to mention the many apartment freehold developments, owning a town home means you have a unique selling point to buyers. Recent property developments that have town homes are Jumeirah Village and Uptown Mirdiff.
Demand for town homes on the Dubai property market
It is not surprising that town homes are increasing in popularity, as earlier properties like Dubai Marina and the Palm Jumeirah all feature a limited number of them. Particularly for Dubai Marina town homes at the base of the towers, there was a large amount of interest in buying these than there were available on the market, meaning the people who bought early and decided to sell made an excellent profit. Town homes are appealing because they have the best features of both apartments and villas combined. They are cheaper than the average villas, which are expensive on the booming Dubai property market, and they have more space indoors and outdoors than the average apartment.
Since town homes are an even scarcer than villas, be sure to use a real estate agent that can find you a town home from a good development. We have the resources and contacts to find you exactly what you are looking for, whether it is a town home, or you prefer a villa or apartment. Be sure to contact us with any queries that you may have about buying property in Dubai.
We provide expert advice if you are looking to buy, rent or sell in the Dubai Property market, please contact us today. If you are in search of apartments, villas or offices we can assist you with all of your Dubai Real Estate needs. You can also use the "Contact Me" button on the top right of this page should you wish. Call Dubai +971 4 4394302 or U.K. Toll Free 0808 1202366 today.
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