“India is a key investor market for Deyaar, with Indian investment in Dubai’s real estate growing exponentially in the recent times. We are proud to bring our developments to New Delhi, which is considered the country’s business hub,” said Nasser Amer, Deyaar’s sales vice president.
The event was conducted in partnership with Indian real estate transaction platform, Square Yards. This is the second time, Deyaar has partnered with Square Yards to bring its properties in the Indian market. Earlier in the month of May, the duo had a major success in Mumbai, wherein a large number of Dubai-based properties were sold.
The event witnessed exclusive projects, located in the heart of Dubai namely Mid Town, Ruby Residence & Mont Rose. These state of the art projects are equipped with world class amenities & facilities & hence resonated very well with the HNI real estate investor & buyer fraternity of the Indian capital.
The success of such events could also be explained due to the rise in interest among the Indian HNIs in international real estate. Increasingly, Indian investors are scouting for profitable international real estate deals.
Better Returns in International Project
In fact, some industry insiders believe that if carefully chosen, international projects can ensure better investment returns compared to domestic deals, as they are generally associated with higher capital appreciation & rental yields.
Similarly, investments are always not very high in international projects. In the recent projects by Deyaar, the property prices start at 86 lacs with a booking amount of just INR 54,000. This makes the ticket size equivalent to a typical domestic investment & hence within the reach of many buyers.
In the times to come, there could be further surge in Indian investments in international real estate, with cities like Dubai being the major beneficiaries due to their geographical & cultural proximity.