Nearly 700,000 housing units will be available in Dubai by the end of this year
Dubai United Arab Emirates: ZāZEN Features Revealed The leading real estate development company has announced a report prepared by JLL, the sales partner and the world’s leading provider of real estate services and analysis reports, with the aim of shedding light on the growth of the real estate market in Dubai through data and various projects in the sector. The new results contained in the report indicate that more than 40,000 housing units are expected to be delivered by the end of 2022, reflecting the resilience of the real estate sector.
The total number of housing units in Dubai, including apartments and villas, reached 657 000 housing units on 31 March 2022, with an expectation of delivering an additional 42 000 housing units by the end of the year.
The supply of completed housing units is based on quarterly surveys of urban areas in Abu Dhabi and Dubai, and also reflects the number of units delivered for immediate occupation. Expectations point to the continuation of the march of success during the next year due to the continuous increase in demand, volume of transactions and the launch of new projects.
Commenting on the matter, Madhav Dahar, co-founder and chief operating officer of ZāZEN Properties, said: “The recent report by JLL is further evidence of the strength of the real estate market and the great potential that the UAE offers in this area, which is the extent of the “The growing sector is witnessing, along with the firm commitment of our government and our wise leadership to provide opportunities to potential investors and buyers from around the world.”
He added: “At ZāZEN Properties, we are eager to complete the path of success and growth in the sector through projects that respect the highest standards of quality and world-class facilities, with a focus on sustainable community projects. With the expansion of our property portfolio, we emphasize our commitment to sustainable solutions at the heart of the design and development process of our projects, including This is in line with the UAE’s commitment to achieving climate neutrality by 2050. ”
The real estate sector in the UAE, especially in recent years, has achieved remarkable prosperity thanks to the UAE government’s response to the global health crisis and its good governance, the excellent work of the entire healthcare sector, in addition to the successful vaccination campaign and the positive contribution of all citizens and residents to the betterment of Emirati society. The recent updates of the conditions for granting a gold visa in the UAE are a wonderful initiative that will promote investment in the real estate sector. Expectations point to many positive results in the long run due to the benefits of living and working in the UAE, which have been seen and approved by the whole world.
The real estate sector in the UAE, especially in recent years, has achieved remarkable prosperity thanks to the UAE government’s response to the global health crisis and its good governance, the excellent work of the entire healthcare sector, in addition to the successful vaccination campaign and the positive contribution of all citizens and residents to the betterment of Emirati society. The recent updates of the conditions for granting a gold visa in the UAE are a wonderful initiative that will promote investment in the real estate sector.
Expectations point to many positive results in the long run due to the benefits of living and working in the UAE, which have been seen and approved by the whole world.
The recent updates of the regulations for obtaining a gold residence visa in the UAE are an important new initiative that will improve investment in the real estate sector, especially as it offers many flexible options that offer residents a strong incentive to enter the country. invest. the long-term for non-residents and offers residents unique opportunities to live in. VAE
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About ZāZEN Properties
Since its inception in 2018, ZāZEN Properties has developed unique projects within the most renowned residential complexes and destinations in Dubai, to meet the needs of the middle class and to provide an integrated community environment within each building.
ZāZEN Properties, ZāZEN Properties’ flagship project, located in the vibrant Jumeirah Village Triangle, offers ideal options that meet the aspirations of the modern family and the demands of their lives. The project was delivered in February 2022, at the exact time announced by the company, while meeting the highest standards
rounding. The project consists of 86 residential units, including one-, two- and three-bedroom apartments, with areas ranging from 881 to 2803 square feet.
The project is well known as an embodiment of distinctive design efforts and compliance with the requirements of sustainability, as it has gained remarkable appeal from buyers and real estate companies. As a result, more than 70% of units in ZāZEN One were sold, providing residents with a large number of amenities and facilities. The remaining project units are available for sale through the main sales partner JLL MENA. Customers can visit the project in the Jumeirah Village Triangle area and make an appointment to visit by calling +971501709376: or visiting the website www.zazen.ae.
ZāZEN Properties continues to raise the bar for design, sustainability and community life with its ultimate goal of helping Dubai residents improve their quality of life. ZāZEN Properties has begun design work on its next project in the Al Furjan complex near Discovery Gardens metro station, with construction expected to begin in the third quarter of 2022.