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jun8565
Apr 11, 2021
In Questions & Answers
Do you know the value of your Emaar Beachfront property? As Emaar plan to launch Palace Residence Emaar Beachfront its interesting to see the recent prices and ask How that affects the apartments launched previously. At launch of Beach Vista, the first development released on Beachfront, the best type of 2 bed, an 05 type, cost AED2,700,888. Throughout the subsequnt launches since in Sunrise Bay, then Marina Vista followed by Grand Bleu then back to Beach Isle every launch has seen a steady price increase. However if we compare the first and latest launch ( with 5 in between ) a comparable 2 bed being sold today between both developments shows a price difference, AED2,700,888 in Beach Vista compared to AED4,100,888, of a staggering AED1,400,000. This represents an amazing 48% plus rise In a short period of three years. This is great for those that bought initially but does raise a few questions! Should I sell my Emaar Beachfront apartment if I im in profit? This is a hard question to answer but generally speaking if high demand still exists this suggests prices can increase further and especially as handover looms this year. This opens up an entirely new market. Secondary buyers far outstrip off plan buyers as most people like to see a tangible asset before spending money. Stick or hold? I would hold but watch the market closely. Pay particular attention at handover to market prices and keep an eye on developer launches. If they are selling. You can! Should I still buy in Emaar Beachfront if prices have risen so much? Of course the answer is yes. Demand is still very high, supply is low. It’s simple economics. Don’t focus on what could have been, focus on what can be! There is still money to be made and a private island with beach access is Dubai will always be popular. Buy now and enjoy similar price increases in the future and even after all Emaar off plan properties at Beachfront have sold there will be a huge demand for secondary market and of course rentals. Don’t hesitate further if you can afford it. Do it. Contact the foremost expert on Emaar Beachfront Mark on 00971 561389712 for any questions.
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jun8565

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