All tagged Real Estate Investment
Arabian Ranches has claimed the top spot among buyers and investors interested in ready villas in Dubai in the first-half 2020, followed by Palm Jumeirah and The Villa.
The process of buying, renting or selling property is still largely conducted offline, but as the coronavirus pandemic has restricted movement, demand for a distanced approach to finding property is on the rise, paving the way for greater digitisation in the sector.
Dubai’s economy will likely suffer a “significant shock” this year as the coronavirus pandemic and its consequences weigh on most sectors in the Middle East’s business hub, according to S&P Global Ratings.
Property prices and rentals around areas connected to Dubai Metro's Route 2020 will be more resilient compared to the wider market, according to property analysts and industry executives. They believe that rates will rise in the medium to long term but not in the short term due to oversupply in the market.
Excess supply is the result of the flurry of construction in Dubai in the run up to Expo 2020. Conservative financial policies and strong liquidity will remain a credit strength for the UAE real estate companies while their operating environment continue to deteriorate as the economy slows on oil price decline and coronavirus effects.
Buying real estate is not only about finding a place to call home. Investing in real estate (property) has become increasingly popular over the last 50 years and has become a common investment method.
The UAE's real estate sector became more transparent as both Dubai and Abu Dhabi introduced fresh measures, improving their global ranking as well as maintaining their top regional position in the Mena region.
Dubai should be the 'first city of choice' for the investors and all the stakeholders in the economy are working towards that, this was positive message sent by the top real estate players at the unveiling of Invest in Dubai on Tuesday.
Dubai’s real estate market has been transacting an average of 570 sales transactions each week on average for the last month. Over the last three weeks, the number of real estate transactions has been consistently increasing by nearly 11 percent on average.