The Success of UAE Real Estate Markets in the World of Post-COVID-19 by Umar Farooq Zahoor
The real estate market of the United Arab Emirates has set to touches the new heights of success, said Umar Farooq Zahoor. But as the year 2020 challenges all sectors, real estate gets affected and now, we are hoping for some growth. There are a lot of driving forces all across the Emirates for economic growth in the past few decades. But the markets of real estate were torpid before the arrival of Coronavirus. But as the epidemic arrived, there were some drastic changes appeared such as Expo 2020 Postponement, and that has left the catalyzing effect on the sector till its planning from the year 2013. Sheikh Umar Farooq Zahoor Said all this added instability, decrease in demand, delay in projects, and succumb of both values as well as rental reflecting an adverse climate. In the market performance of the sector, there are some uncertainties related to the material too and the specialists believe that the scenario is more likely to stay well in the upcoming year. Now, Um...