For months, the real estate market in Dubai has continued to recover. However, according to recent reports, locations such as Jumeirah Islands have recovered better than others, with many investors looking for available homes. Jumeirah Islands, which is known as a “lifestyle development”, is now complete and with villas available for sale or rent at reasonable prices, many people have invested. This comes at a time when other developments, such as International city, have had higher vacancy rates.

According to the reports, the decline in rents has led to wider investment in the city as investors move to new locations. Lifestyle developments such as Jumeirah Islands, Palm Jumeirah and Downtown Dubai are now more in demand than locations such as International City, which were once believed to be more affordable. Decline in rents have made locations such as Palm Jumeirah, Jumeirah islands and Jumeirah Lake Towers (JLT) equally affordable.  Furthermore, it seems that the number of homes available in places such as International City and Silicon Oasis has made them less competitive. With prime locations, access to main roads and a range of conveniences, it is clear that many investors will continue to buy or rent in these popular lifestyle developments.