Dubai is one of the best tourist destinations in the world, full of luxury, diversity and innovation in the hospitality sector. In the last few years, there is a growing demand for hotel buildings, which reflects the rapid development of this vital sector. Dubai Land Department figures show that in the first quarter of this year, the department saw 1,199 hotel sales contracts with a total value of 2.28 billion dirhams.
Hotel property sales in the first 3 months included 668 sales contracts for hotel apartments, worth 1.73 billion dirhams, including 238 sales contracts for off-plan apartments, worth 336 million dirhams, as well as 430 sales contracts for ready-made hotel apartments, worth 1.39 billion dirhams. 531 sales contracts for hotel rooms, worth 544.6 million dirhams, were registered, including 333 off-plan sales contracts for hotel rooms in facilities under construction, worth 317.3 million dirhams, as well as contracts 198 sold for ready hotel rooms, worth 227.2 million dirhams.
Most popular areas
The Burj Khalifa area was in first place, accounting for the largest share of hotel apartment sales in Dubai, during this period, as it recorded 166 sales contracts, worth 868 million dirhams , followed by the Dubai Creek Harbor area with 46 contracts, worth 165.7 million dirhams.
The most expensive deals
It is clear that demands for residence and investment in these luxurious and comfortable units are rising, as the visitor here combines the charm of hotels and the comfort of home, and the hotel apartment has become the most expensive to sell in the first quarter of the year 2024 for value. of 55 million dirhams in the area of Marsa Al Arab, according to the department’s data, and the apartment consists of It consists of 3 rooms and a hall, with an area of 250 square meters.
The continued demand for hotel properties in Dubai reflects not only the economic and tourism development of the city, but also highlights how high it is in meeting requirements and wishes of tourists from all over the world.
The second most expensive hotel apartment in the residential area of Jumeirah beach has been sold for 26 million dirhams within the Jumeirah Gate project The apartment consists of 4 rooms and a hall and extends over an area of 335 meters square, and the third most expensive. An apartment in the Burj Khalifa area was sold for 21 million dirhams and has 4 rooms and a hall and extends over Area: 329 square meters.
2024-05-02 22:05:45
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