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What is the future of Dubai's real estate market?

What is the future of Dubai's real estate market?

The attractiveness of Arab real estate remains at a fairly high level due to the effect of the last Expo-2020. According to experts, the housing sector in the United Arab Emirates is now sufficiently developed and diverse to maintain the activity of investors and end buyers from abroad who arrived in Dubai to attend Dubai Expo 2020.

Vice President of H&S Real Estate, pointed to the «side effect» created by the global mega-event, as it firmly anchored the city, and therefore the UAE, on the world map. Now the whole world has learned for sure that the UAE, and in particular Dubai, can hold major events at the global level. The UAE has shown the world that right now they are in such a position that they can even host the Olympic Games. This is a vision that His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and ruler of Dubai, saw back during the real estate boom in 2005-2006. Many visitors were here not only at Expo-2020 Dubai, but also sought to explore business and investment opportunities. Given the positive factors and the boom produced by the exhibition, the real estate market and the economy of the emirate as a whole will flourish for at least several years.

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