Dubai marina apartments were the first to break the recessionary effects off and climb up the progressive stairs in the UAE realty sector. The locality is not showing any sign of stopping and has taken a skyward hike in Q1 of 2013. The following report released by Bayut.com, has details.
Dubai Marina is essentially one of the first areas in Dubai to shake off the effects of the worst economic crunch ever. Everything in Dubai Marina Apartments is created in a way to meet the best standards of accommodation of the rich and elite. The increasing demand of apartments for rent in Dubai or for sale in this community was the first step in shaking off the recessionary effects. The high end facilities in the many towers within the community make these Dubai Marina apartments a magnet for investors to purchase it even in the economic slump.
The statistics showing the upward trend in increasing price units and demand can be seen on Bayut.com where the Dubai marina apartments are the hottest thing in Dubai real estate sector. The investor's attention in these apartments in phenomenal and unprecedented as Dubai marina apartments have managed to attract such unrequited attention.
As per the statistics shown by the Bayut.com, a leading Dubai property portal, 14.42% of the overall population of buyers and sellers searching for property in Dubai, searched for Dubai marina apartments thus making the opening of the year a positive one. Last year in 2012 the stats of increase in demand were even bigger and were steadily climbing the popularity chart touching 15.58% in March 2012. It reached its peak around September 2012 to 17.17% of the interest of the total numbers of buyers and sellers.
The 2, 3, 4 bedroom apartments, which were all facing a downward trend in purchase in 2008, have gained record hike. The profound popularity of the apartments show what a robust rise these apartments are experiencing, said Imran Ali Khan, CEO Bayut.com. Dubai Marina possesses it all what you need and more. Mr. Khan also stated that the steady recovery of all available residential apartments in Dubai Marina has set a benchmark for all the rest of realty sector in Dubai.
In accordance with the above mentioned results it is safe to assume that Dubai marina apartment prices will maintain a consistent upward trend in 2013.
© Press Release 2013
