Four Trends That Will Shape Real Estate for Sale Dubai Property in the Coming Years


2016 was the year that greatly impacted the real estate for sale Dubai market due to an economy affected by low global oil prices and unforeseen local as well as unexpected global events. Even so, Dubai persevered and maintains the status of being one of the world’s most lucrative destinations for real estate investors. The emirate is now recovering and market predictions are already seeing signs of a positive economic surge this year leading up to an important event that will transpire in 2020. You have a lot of good things to look forward to in the coming years as Dubai will slowly shift away from relying too much on oil as the UAE’s prime commodity. The emirate is building up its already attractive tourism, welcoming international businesses, embracing foreign investments, developing of more real estate properties, and so on.

Trends That Will Help the Dubai Real Estate Market   

The Nearing World Expo 2020

The local real estate homes property market are now feeling the benefits of Dubai winning the bid to host the World Expo in 2020. As many market analysts predicted, this year will be the genesis of a growing economic trend critical to the betterment of the local property market. They predicted that the upward trend will continue and grow substantially in 2018 and erupt into a full blown boom by 2019. The years-long preparation for the Expo 2020 event resulted in the development of major infrastructures and the increase of the continuing expansion of real estate projects.    

The Rise of Generation Z
While millenials are getting more into property rentals, the current generation are actively preferring secure home ownership instead. This impacted the market whereby new conditions were imposed and changes were made in the form of a more realistic and updated market correction.

Cheap and Affordable Housing
For two years, Dubai has been affected by the need for more affordable Dubai homes for sale. The supply for these cheaper housing are building up as property developers gain more confidence with the positive direction Dubai is heading to. It is expected that there will be an exponential increase in population in the coming years and this is a good thing for developers and real estate investors alike.

The Continuing Trump Effect
The ongoing term of President Donald Trump have seen the increase of US visitors in the emirate. US interest in Dubai is rising and the influx of foreign investment from other countries will give developers and real estate brokers the opportunity to capitalize on.

Do you want to find out more about the real estate business in Dubai or do you want to optimize your investments and assets from a trusted realty partner? Be sure to visit Zawaya Property and learn more about what a top Dubai-based real estate company can do.


Tags: Dubai homes for sale, real estate homes, real estate for sale Dubai 

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