There are many reasons for people to move into Dubai. It may be for work, for tourism purposes, for education, and for business. Once you have decided to do so, the first thing to consider is your new home. Read this top 7 places to live in Dubai
Real Estate
It can be seen that the commercial realty in Dubai is changing due to the presence of young professionals who belong to the millennial generation. These are those tech-savvy workers who are aged 20 to 37 years old.
Many people often decide precariously about renting or buying their own home in Dubai. Found out the difference between renting a home and owning a home in Dubai here!
It’s a good thing that things are now changing, and people have started to see the value in this particular generation. In fact, millennials are known for their contribution to commercial realty, among other business industries.
Here are the latest events in Dubai in terms of business, real estate, and the economy in general. Don’t miss out on the most important updates here…
Due to the UAE’s efforts to stimulate business investments, Dubai expects that there is almost a complete halt in the state spending growth since revenues expand slowly. This has been reported in the 2019 state budget which was released recently.
The market forecast shows that the Dubai real estate for 2019 will stay pro-buyer. There is an ample supply that is both existing and being delivered which ensures that sales prices are under pressure.
The economic recovery of Dubai was underlined in the 2013 annual report provided by the Dubai Chamber of Commerce and Industry. It was revealed that the GDP increased by 5 percent in 2013. Exports and re-exports also increased with its members growing by 8 percent.
As 2019 advances, it is only fitting to review Dubai’s property market for 2018. It’s better to talk to the authority on this like Lynnette Abad, the director of data and research at the Property Finder Group.
The real estate industry everywhere is a constantly changing market. There are many innovative technologies that shape up the manner in which real estate agents, developers, and brokers do business. Let's recap on the Top Technology Trend of 2018.