The opulent real estate market in Dubai presents prospective home buyers with a crucial decision – should they invest in a fully furnished house for sale in Dubai or opt for an unfurnished apartment? This dilemma is particularly pronounced in Dubai, where an abundance of options exists in both categories, making the decision-making process intricate.
Acquiring ownership of unfinished houses for sale in Dubai comes with its perks. These spaces boast essential amenities, including a well-appointed kitchen platform, elegant wooden flooring, steel window frames, and exquisite branded fittings in the bathrooms. Superior paint coating and strategically positioned plug points for electronic gadgets cater to the discerning needs of modern living.
On the other hand, furnished apartments pamper residents with a lavish array of amenities, from plush couches and exquisite coffee tables to elegant lamps. The bedrooms showcase the magnificence of king-sized beds, and the modular kitchens feature chimneys and impressive hobs, all meticulously curated to envelop residents in luxurious comfort.
In Dubai's current real estate trend, there is a noticeable preference among buyers for ready-to-move houses for sale in Dubai. This is reflected in the soaring prices of such properties, as sellers aim to secure the best deals possible. The demand for ready homes has impacted the pricing and demand for off-plan projects, with off-plan sales prices often being 20-40% higher than ready units in the same location and with similar property types. In 2022, this price gap expanded further, reaching 50% or more in some cases.
Prominent areas like Palm Jumeirah, Dubai Marina, and Downtown Dubai are witnessing a surge in interest for ready houses for sale. The same trend is observed in the Green Community, Meydan One, and Dubai Creek Harbour. Expats and local families alike recognize the genuine worth in fully constructed towers that come with furnished flats in these sought-after destinations.
The prices per square foot in Dubai are showing an upward trend due to the growing demand for ready houses for sale in Dubai. Reports indicate that selling prices in Dubai Creek Harbour have reached Dh 2,000 per square foot, up from the average range of Dh 1,800 per square foot.
According to the Q1 2023 report by Better Homes, the positive trend in this period surpassed 58% compared to the record transaction volumes of Q1 2022. This upward trajectory instills confidence in international buyers, enticing them to choose luxurious houses for sale in Dubai that are readily available for immediate occupancy, sparing them from the inconvenience and time involved in waiting for completion.
In the current market, sellers are increasingly open to investing more in enhancing their properties, leading to higher returns during the deal. Notably, these makeovers have proven particularly beneficial for villa sellers, resulting in significant price boosts since 2021. To explore the finest real estate opportunities in Dubai, contact our property experts at Acasa.ae.
