{"id":28760,"date":"2025-06-04T07:54:55","date_gmt":"2025-06-04T07:54:55","guid":{"rendered":"https:\/\/elite-bricks.com\/?p=28760"},"modified":"2025-06-04T07:54:59","modified_gmt":"2025-06-04T07:54:59","slug":"dubai-homeowners-renovate-villas-townhouses-as-prices-double-in-3-years","status":"publish","type":"post","link":"https:\/\/elite-bricks.com\/es\/2025\/06\/04\/dubai-homeowners-renovate-villas-townhouses-as-prices-double-in-3-years\/","title":{"rendered":"Dubai homeowners renovate villas, townhouses as prices double in 3 years"},"content":{"rendered":"

Many of Dubai\u2019s buyers are looking for bigger homes with lots of space, and opting for already upgraded homes instead of having to do it themselves<\/p>\n\n\n\n

Sellers in\u00a0Dubai\u00a0are renovating their older\u00a0villas and townhouses\u00a0to take advantage of strong demand as the average price has nearly doubled in the past three years.<\/p>\n\n\n\n

\u201cSince May 2022, the\u00a0average villa and townhouse prices\u00a0have skyrocketed by a remarkable 92 per cent, climbing from Dh3.475 million to Dh6.682 million in just three years. Even within the last year alone, these properties have seen a significant 35 per cent increase in sales price across villa and townhouse communities.<\/p>\n\n\n\n

This is a clear indicator of\u00a0sustained demand, limited supply, and growing investor confidence in villa and townhouse communities in\u00a0Dubai,\u201d said real estate agency Allsopp and Allsopp, quoting\u00a0Dubai\u00a0Land Department (DLD) data.<\/p>\n\n\n\n

\u201cThe Dubai real estate market is not just growing; it\u2019s redefining investment benchmarks, especially for villas and townhouses. Imagine nearly doubling your investment in just three years; that\u2019s the reality for villa and townhouse owners in Dubai.<\/p>\n\n\n\n

“The under-supply of quality homes, particularly\u00a0ready and upgraded villas,\u00a0continues to fuel this growth. Buyers want space, established communities, and turnkey homes they can move into immediately which is exactly what communities like Arabian Ranches, Jumeirah Golf Estates and Victory Heights have,\u201d said Lewis Allsopp, chairman of Allsopp & Allsopp.<\/p>\n\n\n\n

\"Lewis<\/p>\n\n\n\n

Lewis Allsopp<\/p>\n\n\n\n

Upgrading older villas, townhouses<\/h3>\n\n\n\n

\u00a0Dubai\u2019s property market has seen massive demand, especially for\u00a0bigger units such as villas\u00a0and townhouses soon after the outbreak of the pandemic. The restrictions on the people\u2019s movement by the authorities to\u00a0contain the pandemic\u00a0prompted residents to look for bigger units, pushing demand and prices of villas substantially higher.<\/p>\n\n\n\n

Dubai Land Department (DLD) reported Dh54 billion in property sales transactions in May, an impressive 11 per cent increase from the previous month.<\/p>\n\n\n\n

According to Asteco\u2019s latest data, 6,375 villas were handed over in 2024 and 2,750 in the first quarter of 2025. It is expected that 14,600 villas will be handed over by the end of 2025.<\/p>\n\n\n\n

The real estate agency noted that sellers are increasingly recognising the potential in renovating older properties, as these modern homes within their community now command significant prices.<\/p>\n\n\n\n

\u201cWe\u2019re now seeing more sellers upgrade and list their homes as the demand for bigger, newly renovated properties grows. Many of Dubai\u2019s older homes offer unmatched space, with buyers opting for modernised and renovated homes rather than taking on the time and effort of upgrading themselves,\u201d said Lewis Allsopp.<\/p>\n\n\n\n

Fuente: Khaleej Time<\/strong><\/p>\n\n\n\n

Published: 3 June 2025<\/strong><\/p>\n\n\n\n

<\/p>","protected":false},"excerpt":{"rendered":"

Many of Dubai\u2019s buyers are looking for bigger homes with lots of space, and opting for already upgraded homes instead of having to do it themselves Sellers in\u00a0Dubai\u00a0are renovating their older\u00a0villas and townhouses\u00a0to take advantage of strong demand as the average price has nearly doubled in the past three years. \u201cSince May 2022, the\u00a0average villa […]<\/p>","protected":false},"author":7,"featured_media":28761,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[1293,361,2761,2760,2759],"class_list":["post-28760","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized","tag-dubai-housing-market","tag-dubai-real-estate","tag-property-value","tag-townhouse-upgrade","tag-villa-renovation"],"_links":{"self":[{"href":"https:\/\/elite-bricks.com\/es\/wp-json\/wp\/v2\/posts\/28760","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/elite-bricks.com\/es\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/elite-bricks.com\/es\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/elite-bricks.com\/es\/wp-json\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/elite-bricks.com\/es\/wp-json\/wp\/v2\/comments?post=28760"}],"version-history":[{"count":0,"href":"https:\/\/elite-bricks.com\/es\/wp-json\/wp\/v2\/posts\/28760\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/elite-bricks.com\/es\/wp-json\/wp\/v2\/media\/28761"}],"wp:attachment":[{"href":"https:\/\/elite-bricks.com\/es\/wp-json\/wp\/v2\/media?parent=28760"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/elite-bricks.com\/es\/wp-json\/wp\/v2\/categories?post=28760"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/elite-bricks.com\/es\/wp-json\/wp\/v2\/tags?post=28760"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}