{"id":53047,"date":"2025-09-22T20:06:29","date_gmt":"2025-09-22T17:06:29","guid":{"rendered":"https:\/\/orsiad.com.tr\/?p=53047"},"modified":"2025-09-22T20:06:29","modified_gmt":"2025-09-22T17:06:29","slug":"land-sales-in-dubai-rival-housing","status":"publish","type":"post","link":"https:\/\/orsiad.com.tr\/en\/land-sales-in-dubai-rival-housing.html","title":{"rendered":"LAND SALES IN DUBAI RIVAL HOUSING"},"content":{"rendered":"<p style=\"text-align: center;\" align=\"center\"><strong>USD 22 BILLION IN LAND SOLD IN DUBAI IN 2024<\/strong><\/p>\n<p style=\"text-align: center;\" align=\"center\"><b><span style=\"font-size: 10.0pt;\">Land sales volume in Dubai exceeded USD 22 billion in 2024. Land purchases\u2014an area Turkish investors have rapidly turned to\u2014have become a strategic investment option in the post-pandemic period. The locations most preferred by Turkish investors include Downtown, Palm Jumeirah, Marina, Dubai South, Jumeirah Village Circle, and Creek Harbour.<\/span><\/b><\/p>\n<p>Dubai has recently drawn attention from Turkish nationals particularly through land investments. In 2024, the total value of land purchased in Dubai by Turkish investors was recorded at USD 22 billion, a striking 64% increase compared to 2020. The locations most preferred by Turkish investors are Downtown, Palm Jumeirah, Marina, Dubai South, Jumeirah Village Circle, and Creek Harbour.<\/p>\n<p>While global real estate markets have seen a choppy course after the pandemic, Dubai has painted a different picture. \u00d6zden \u00c7imen, CEO of Turkish real estate investment advisory firm Parcel Estates, assessed this shift as follows:<br \/>\n\u201cAs we moved from 2020 to 2021, sales volume across all real estate types increased by more than 110%. This is no coincidence, it shows that Dubai is a safe harbor for global investors.\u201d<\/p>\n<p><strong>Strategic Growth in Land Investments<\/strong><br \/>\n\u00c7imen drew attention to the notable rise in land investments: \u201cIn 2024, land sales volume in Dubai exceeded USD 22 billion. This represents a 364% increase compared to 2020. Land is no longer a luxury, it\u2019s a strategic investment. Parcels acquired especially in locations close to the city center offer high return potential.\u201d<\/p>\n<p><strong>Locomotive Areas and New Risers<\/strong><br \/>\nEvaluating Dubai\u2019s standout investment areas, \u00c7imen said, \u201cDowntown, Palm Jumeirah, and the Marina promise the strongest growth. However, emerging districts like Dubai South, Jumeirah Village Circle (JVC), and Creek Harbour hold pleasant surprises for long-term investors.\u201d<\/p>\n<p><strong>Investor-Friendly Legal Process and Tax Advantage<\/strong><br \/>\nReminding that foreign investors have been able to buy land in freehold areas since 2016, \u00c7imen noted, \u201cThe process conducted via the Dubai Land Department (DLD) proceeds much faster and more smoothly with experienced advisors. In addition, the absence of an annual property tax in Dubai significantly increases net returns compared to London or New York.\u201d<\/p>\n<p><strong>Record in Commercial Real Estate<\/strong><br \/>\nPointing out that sales volume in commercial units reached 10 billion dirhams in 2024, \u00c7imen added, \u201cThis figure represents 592% growth compared to 2020. Dubai is now preferred not only for living, but also for starting businesses, trading, and deploying capital.\u201d<\/p>\n<p><strong>A Message to Turkish Investors<\/strong><br \/>\n\u00c7imen emphasized that opportunities remain strong for Turkish investors:<br \/>\n\u201cConsidering the exchange-rate advantage, Dubai\u2019s tax-friendly system, and its global connectivity, it\u2019s not too late. For investors planning 5\u201310 years ahead, Dubai is still a major opportunity. Now is the time to make strategic decisions with the right location and the right product.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"<p>USD 22 BILLION IN LAND SOLD IN DUBAI IN 2024 Land sales volume in Dubai exceeded USD 22 billion in 2024. Land purchases\u2014an area Turkish investors have rapidly turned to\u2014have become a strategic investment option in the post-pandemic period. The locations most preferred by Turkish investors include Downtown, Palm Jumeirah, Marina, Dubai South, Jumeirah Village [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":53044,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","_links_to":"","_links_to_target":""},"categories":[2014,250,254,179],"tags":[],"class_list":["post-53047","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-buildings","category-economy","category-headline-news","category-journal"],"jetpack_featured_media_url":"https:\/\/orsiad.com.tr\/wp-content\/uploads\/2025\/09\/1.png","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/orsiad.com.tr\/en\/wp-json\/wp\/v2\/posts\/53047","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/orsiad.com.tr\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/orsiad.com.tr\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/orsiad.com.tr\/en\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/orsiad.com.tr\/en\/wp-json\/wp\/v2\/comments?post=53047"}],"version-history":[{"count":1,"href":"https:\/\/orsiad.com.tr\/en\/wp-json\/wp\/v2\/posts\/53047\/revisions"}],"predecessor-version":[{"id":53048,"href":"https:\/\/orsiad.com.tr\/en\/wp-json\/wp\/v2\/posts\/53047\/revisions\/53048"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/orsiad.com.tr\/en\/wp-json\/wp\/v2\/media\/53044"}],"wp:attachment":[{"href":"https:\/\/orsiad.com.tr\/en\/wp-json\/wp\/v2\/media?parent=53047"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/orsiad.com.tr\/en\/wp-json\/wp\/v2\/categories?post=53047"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/orsiad.com.tr\/en\/wp-json\/wp\/v2\/tags?post=53047"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}