Dubai’s achievement in earning the 2020 World Expo hosting rights in December has already established an instantaneous effect on Dubai real estate prices in certain places near to the recommended site, according to the latest statement by website Dubizzle.
Apartment and villas purchase costs also increased between 3-4 percent in Jumeriah lakes, which has been experiencing constant cost increases for a while.
Jumeirah Village, significantly less than 20 minutes in the Expo website, noticed the most important increases, the regular advertised cost of two-room flats rising 9 percent to $1.47m soon after the statement on November 26.
Apartment and villas purchase costs also increased between 3-4 percent in Jumeriah lakes, which has been experiencing constant cost increases for a while.
Jumeirah Village, significantly less than 20 minutes in the Expo website, noticed the most important increases, the regular advertised cost of two-room flats rising 9 percent to $1.47m soon after the statement on November 26.