It is always better to invest when it is a buyer’s market in order to benefit from the offers available
International Monetary Fund says substantial amount of Expo 2020 Dubai investment will be completed by the end of this year and with a little more than a year left until Expo 2020 Dubai, industry experts at the Dubai Property Festival say they are now finding a spate of high demand for Dubai’s real estate sector.
With 192 countries have announced their participation in the event, Expo 2020 is expected to attract 25 million visitors, of which 70 per cent will be from outside the UAE. Developers support the government in ensuring there is enough units to service Expo 2020 Dubai and the new stream of population that will come as a result.
Dubai has one of the highest growth rates in population, year-on-year, around the world. It’s important to note that many developers have already slowed down their launches so that post 2020 the market goes back to moderate supply. It is always better to invest when it is a buyer’s market in order to benefit from the offers available.
Investors in Dubai also enjoy heavy incentives and higher returns, in addition to paying zero tax on investment — a combination that does not exist in other global markets. Once millions of people explore the city for the very first time, they will keep coming back and buying property for a higher quality life and their place in the sun.