All in Buyers
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.
Sales of villas and apartments in Dubai have increased following the easing of COVID-19 related lockdowns, and if you are a cash buyer, now might be the time to invest in real estate.
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.
Stability is returning to Dubai’s property market, with month-on-month sale transactions in June growing by more than 60 per cent as buyers took advantage of lower prices.
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.
Buying a home in the UAE can save you money in the longer run as property prices drop. Traditionally, most expats who move to the UAE rent apartments instead of purchasing one, with the intention of saving the money they make in Dubai to buy property in their home country.
