According to the World Health Organization, the pandemic Coronavirus has spread to 199 nations, killing 31,918 individuals in total. It led governments all around the globe, including the United Arab Emirates, to restrict economic activity and issue advice to citizens to remain at home. All these worldwide events spur the faith of investors and dissuade them from investing their money. There is no disputing that there will be a temporary decline in all industries throughout the financial process throughout the economic cycle. Still, it may be a gift for investors in the long term. In my view, investment in the real estate industry in the UAE area may be a long-term safe option for them.
As stated in a recent JLL study (Healthy Returns) 2019, there will be plenty of possibilities to invest in the healthcare industry across the Middle East and North Africa (MENA) region over the next five years due to an aging population and increasing demand for health care facilities.
If history is any indicator, then the global economy has recovered from the economic crisis over time. Every industry will experience a problem of unbalanced supply-demand in the near term, but companies will ultimately recover. UAE offers a favourable business climate supported by a stable administration. Investors must immediately seize this opportunity by setting up their company in the UAE.