Real estate investment in Dubai: the favorite districts of the French

According to figures from the Dubai Land Department, the French will be the 5th largest real estate investor in 2022. Impressive figures that testify to the strong interest of the French in the Emirates. Dubai Immo, the leading French real estate agency in Dubai, reviews in this article the main areas in which the French concentrate their investments.

In which areas of Dubai do the French invest the most?

Several neighborhoods share the lion's share. For the purchase of apartments in Dubai, the districts of Jumeirah Village Circle, Arjan, Business Bay, Meydan or Al Furjan take the lion's share. As for the purchase of villas, Damac Lagoons has particularly attracted investments from the French in 2022.

How do the French make their investment choices?

In addition to an attractive location with good development potential, the French attach great importance to the payment plan. A long payment plan, if possible with a significant part of the payment due after the handover of the keys, often makes the difference at the time of choice. We do not necessarily find this attraction for long payment plans among Russian or Asian customers, who are ready to pay more in less time. It's simply a question of purchasing power and consumer habits.

French real estate investment in Dubai: what is the trend for the end of 2022?

The trend is very good. The French are finding it increasingly difficult to access credit in France, and are looking for other investment options, internationally. The tax burden in France is often considered too high, and this is also pushing investors to redirect their investments to less taxed investments. With more and more French people choosing to move to Dubai, there is no doubt that the market will remain tight in the years to come, both on the sale and rental markets.