Dubai has always been the hot property in the Middle East and global investors are putting themselves in the country to reap greater outputs. The economy took a hit due to the Covid-19 pandemic, but EXPO 2020 Dubai is set to drive the residency demand again throughout the UAE. Properties need to be registered in reputed platforms and government forums to get the right attraction and enhance the chances of faster buying.
EXPO 2020 is the occasion where investors from all over the world gather and share their thoughts! The event is estimated to bring around Dhs 122bn to the overall economy and thus flourish the real estate market extensively. It is a great opportunity for landowners and investors to enhance their lookout for a stronger market for their properties. As the eyeballs or visitors for the EXPO increase, the chance for more investment in the real estate arena also brightens.
Signs that signal the shift from global investment to the real estate market:
EXPO 2020 is declared by the government as the largest event staged in the Arab world and is estimated to cross millions of visitors from the whole world. It will be a six-month event and investors will put their heads together in building trusted relationships in the entire region. The real estate market of the UAE is getting a big boost due to the event and the realtors are able to highlight the features of the properties.
Earlier EXPO has transformed the economies of countries that hosted the event and UAE is expecting the same from the event. The government has spent millions on the arrangement of such an event on a large scale and the local economy is going to get impacted due to it! The regional economic think tanks estimate the local economy will grow more than expected in the post-pandemic years due to such an arrangement.
The real estate properties need to be listed & registered on the right platforms so that it gets the relevant eyeballs. It is the best opportunity for investors to park their money in the location and get the best results out of it!