Real estate companies' heads and directors emphasized the multiplicity of trends and recovery factors for the real estate market during the coming year. As it will play the primary role in driving the buying and selling deals in the UAE real estate market, in general, and Dubai, in particular, during the next 2021.
The survey participants unanimously agreed that 2020 imposed significant challenges on everyone. Due to the Covid-19 pandemic, economic activities, in general, and real estate, in particular, have faced difficult challenges, and some companies were less able to meet the consequences of the pandemic.
Moreover, a wide range of those companies was at the heart of the challenge. Crossing to safety, and breaking off confrontation dust in preparation for a new start focused on two axes: First, achieving added value for the national economy and second, achieving the highest customer satisfaction levels in the market, whether tenant or a buyer, an individual or a corporate.
Officials and business people have monitored 16 factors that they believe will shape the real estate scene over the next year, namely: Strengthening the sector's capacity and the packages of incentives for government support, The company's 100% ownership in 122 activities, the expansion of golden residency, the entry of new investment sectors to the market, the conversion of users to larger areas with lower residential density, the decline in maintenance and service charges, the return of banks to the lending market, the introduction of real estate market techniques, standards of health and safety, and the growing role of the Electronic commerce sector, real estate supply diversity, International Expo 2020 Dubai, transparency, access to real estate data, cost of living, price competitiveness, payment flexibility, and payment schedules.
To find a real estate job opportunity in the UAE, search here.
2022-11-08
2022-08-31
2022-07-10
2022-06-01
2021-12-30
