DHG Properties, a Leading Swiss Real Estate Developer, Expands its Footprint to Dubai’s Thriving Market
In a significant move that underscores the growing allure of Dubai’s real estate market, renowned Swiss property developer DHG Properties has announced its plans to unveil its maiden project in the UAE by the close of 2023. This much-anticipated development will be situated in the heart of Jumeirah Village Circle (JVC), a burgeoning neighborhood that has rapidly gained popularity among residents and investors alike.
DHG Properties’ Vision for Dubai’s Real Estate Landscape
Blagoje Antić, the Founder and Director of DHG Properties, expressed the company’s enthusiasm about contributing to Dubai’s real estate scene. He emphasized their commitment to crafting exceptional properties that reflect the high-quality standard of living that Dubai has long been synonymous with. Additionally, the company aims to foster sustainable communities while delivering outstanding value to its residents.
Antić stated, “We are excited to introduce our brand to Dubai’s ever-growing market and showcase our ability to provide premium yet affordable housing options. With the real estate activity in Dubai on the rise, and JVC emerging as a favorite among residents, we are thrilled to embark on this journey with many more exciting projects on the horizon.”
Innovative Architectural Design and Off-Plan Market Prospects
As part of this grand entrance into Dubai, DHG Properties envisions selling a total of 430 units in the off-plan market. Notably, this flagship project will feature innovative architectural designs that align with the developer’s commitment to excellence in construction and design.
Dubai’s Real Estate Market Flourishes in Q3 2023
DHG Properties’ announcement comes at a time when Dubai’s real estate market continues to flourish. Data from the Dubai Land Department reveals a significant surge in the market during the third quarter of 2023.
During this period, Dubai experienced a remarkable 40 percent increase in the total value of real estate transactions, amounting to AED 97.55 billion. The total number of transactions also surged by 22 percent, reaching 31,216 when compared to the same period in the previous year.
Prime Areas Driving Dubai’s Real Estate Growth
Key areas that witnessed the highest transaction values during these three months included Dubai Harbour, Palm Jumeirah, Sobha Hartland, Business Bay, and Dubai Creek Harbour. These regions continue to attract considerable investment and are highly sought after by both local and international buyers.
The areas that recorded the highest number of transactions, signaling their popularity among residents and investors, were Jumeirah Village Circle, Arjan, Sobha Hartland, Business Bay, and Jumeirah Lake Towers.
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In conclusion, DHG Properties’ foray into Dubai’s thriving real estate market signifies the region’s enduring appeal to international developers and investors. With Jumeirah Village Circle at the center of their inaugural project, DHG Properties is set to make its mark in the Dubai real estate landscape, further fueling the city’s impressive growth in this sector.