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Dubai’s market for timeshares has grown steadily since new regulations were introduced in 2021, and experts believe it is poised for further growth in 2024 after a record year for luxury real estate that saw property prices soar past previous market peaks.
“As property values continue to appreciate, [timeshares] may emerge as an increasingly appealing option for those seeking an affordable slice of ownership and a winter sun getaway in Dubai,” said Matthew Gregory, Branch Director at Better Homes.
“The undeniable truth is that property prices have experienced a significant surge over the last 2.5 years, potentially placing full ownership beyond the reach of many.”
A timeshare allows individuals to co-own a property like a hotel room or villa, and use it for a designated period each year. With soaring property prices in Dubai, the fractional ownership model provided by timeshares is becoming an attractive affordable option for those looking to tap into the emirate’s luxury property market.
“Timeshares offer individuals the opportunity to enjoy a specific area or city for a designated number of weeks per year – a personalised holiday home experience. Given the soaring property prices in recent years, this fractional ownership model becomes particularly appealing to those who might find owning a holiday home outright financially challenging,” said Gregory. He also noted a growing interest in Dubai timeshares as property prices surge.
“The standout properties in focus are those that epitomise the holiday vibe – picture locations near the sea or beach in vibrant areas of the city such as Dubai Marina and Palm Jumeirah. Nestled in the midst of restaurants and nightlife, though not directly on top of it unless you have a penchant for the energetic atmosphere of the FIVE Palm.”
Dubai’s market for timeshares has grown steadily since new regulations were introduced in 2021, and experts believe it is poised for further growth in 2024 after a record year for luxury real estate that saw property prices soar past previous market peaks.
“As property values continue to appreciate, [timeshares] may emerge as an increasingly appealing option for those seeking an affordable slice of ownership and a winter sun getaway in Dubai,” said Matthew Gregory, Branch Director at Better Homes.
“The undeniable truth is that property prices have experienced a significant surge over the last 2.5 years, potentially placing full ownership beyond the reach of many.”
A timeshare allows individuals to co-own a property like a hotel room or villa, and use it for a designated period each year. With soaring property prices in Dubai, the fractional ownership model provided by timeshares is becoming an attractive affordable option for those looking to tap into the emirate’s luxury property market.
“Timeshares offer individuals the opportunity to enjoy a specific area or city for a designated number of weeks per year – a personalised holiday home experience. Given the soaring property prices in recent years, this fractional ownership model becomes particularly appealing to those who might find owning a holiday home outright financially challenging,” said Gregory. He also noted a growing interest in Dubai timeshares as property prices surge.
“The standout properties in focus are those that epitomise the holiday vibe – picture locations near the sea or beach in vibrant areas of the city such as Dubai Marina and Palm Jumeirah. Nestled in the midst of restaurants and nightlife, though not directly on top of it unless you have a penchant for the energetic atmosphere of the FIVE Palm.”
Dubai’s market for timeshares has grown steadily since new regulations were introduced in 2021, and experts believe it is poised for further growth in 2024 after a record year for luxury real estate that saw property prices soar past previous market peaks.
“As property values continue to appreciate, [timeshares] may emerge as an increasingly appealing option for those seeking an affordable slice of ownership and a winter sun getaway in Dubai,” said Matthew Gregory, Branch Director at Better Homes.
“The undeniable truth is that property prices have experienced a significant surge over the last 2.5 years, potentially placing full ownership beyond the reach of many.”
A timeshare allows individuals to co-own a property like a hotel room or villa, and use it for a designated period each year. With soaring property prices in Dubai, the fractional ownership model provided by timeshares is becoming an attractive affordable option for those looking to tap into the emirate’s luxury property market.
“Timeshares offer individuals the opportunity to enjoy a specific area or city for a designated number of weeks per year – a personalised holiday home experience. Given the soaring property prices in recent years, this fractional ownership model becomes particularly appealing to those who might find owning a holiday home outright financially challenging,” said Gregory. He also noted a growing interest in Dubai timeshares as property prices surge.
“The standout properties in focus are those that epitomise the holiday vibe – picture locations near the sea or beach in vibrant areas of the city such as Dubai Marina and Palm Jumeirah. Nestled in the midst of restaurants and nightlife, though not directly on top of it unless you have a penchant for the energetic atmosphere of the FIVE Palm.”
Dubai’s market for timeshares has grown steadily since new regulations were introduced in 2021, and experts believe it is poised for further growth in 2024 after a record year for luxury real estate that saw property prices soar past previous market peaks.
“As property values continue to appreciate, [timeshares] may emerge as an increasingly appealing option for those seeking an affordable slice of ownership and a winter sun getaway in Dubai,” said Matthew Gregory, Branch Director at Better Homes.
