Is Dubai Home Of The Real Estate Business In 2019?
Dubai is in the list top top global cities like London, New york, Tronto, Singapur and Sydney. Dubai has fast growing economy in the world. Dubai is the city of the UNited Arab Emirates and known as safe city, city of India, city of Pakistan, Dubai continent, Dubai hotels and its a fact about Dubai. Dubai population is 3.3 million and city is full of international people and international companies. Dubai known for Luxury shopping, fun and entertainment as there are many architecture of building, hotels, nightclubs and life in nights full of life. Burj Khalifa, an 830m-tall tower, dominates the skyscraper filled skyline.At its foot lies Dubai Fountain, with jets and lights choreographed to music. Administration creates islands, Palm and resorts and parks for tourism and entertainment. The Investment and the development of the Emirate authorities made Dubai a global city and business hub in the Middle East. Today Dubai is the hub for passengers and cargos. The resources of oil help government to spend revenue on the development of the city in the way of entertainment, refreshment and tourism.Modern dubia generates revenue from trade,tourism,production,telecommunication services,aviation,real estate and financial services as well.Moreover,Dubai covers all kind of tourism and in sports dubia and sharjah both arange cricket matches for many years and since war in terror pakistan use dubai as home ground for cricket.Dubai was the most expensive city in the Middle East.In 2014, Dubai’s hotel rooms were rated as the second most expensive in the world.
What is Dubai Real Estate Market in 2019?
Dubai is one of the finest real estate market attracts thousand of residents, visitor and investors for investment every year. People would love to live dub and investors like to spend money in real estate market. The main reason to invest in real estate is good ROI rates. The rental value of the property is good and people mostly investment big projects of apartments, hotels and resorts. Dubai is the established market for real estate because government provides good facilities to the real estate developers, investors and real estate realtors. In Dubai Bank also provides loan facilities for investment. In modern world internet and social media helps to market real estate industry. Information and communication attract real estate investors and developers to work in Dubai real estate. According to Core consultancy, There were over 19,700 unites have need completed to the owners and it includes Blue Waters Residences, Damac Heights in Dubai Marina and multiple projects in Nshama Townsquare and Akoya.Different survey reports such as Khaleej Times, the national and gulf business, The Dubai Real estate market will grow in numbers and real estate property, house prices will decrease 5 to 10% and chances 15% downfall in the mid of 2019.These figures are good signs for investors to invest more in Dubai real estate because it gives you less price than year 2018.