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Showing posts with the label Dubai Real Estate Market

Will 2021 be a turning point for Dubai's real estate sector

In the business world, Dubai is considered a land of opportunity. One of the reasons for the increasing economy of the country is the growth of the various type of business. All most of every high-profile brand is has invested in the land of Dubai. And one of the growing sectors is the real estate sector. Due to covid-pandemic, Dubai’s economic growth has to set back. But, by increasing the pace of the vaccination process, Dubai is all set with its positive momentum in 2021.  According to some of the leading real estate kings like  Sheikh Umar Farooq Zahoor , 2021 will become a turning point for the real estate sector. The reason behind such beliefs is the recent numbers that display the development of the real estate exchanges in Dubai during the prior quarter of 2021, increasing 44% on a yearly premise. The number gives a strong hope for the leading real estate businessman to achieve a positive result in 2021 in the real estate sector.   Moreover, the business ...

Umar Farooq Zahoor Explains the Journey of Dubai’s Logistics Industry through the COVID-19

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Umar Farooq Zahoor,  Dubai’s Logistics Industry in COVID-19 It has been too exciting to observe and see how all these corporate players, as well as small businesses in the domain of logistics, find out some ways to overcome the present environment and also, clicking on some unique opportunities. As we all know that Dubai has been tagged as the gateway of the region for all African, Asian, and Arabic markets, the transportation, and logistics sector has been well-known for continually invest in the development of all technology & infrastructure, as per UmarFarooq Zahoor . On the flip side, with the outbreak of the epidemic, most companies have faced challenges in the sector which involve capacity constraints of the supply chain, governmental restrictions, and much more. But what has been more interesting to see is that how all these players in the corporate sectors and small-scale businesses have got some way-outs to combat the present environment, while grabbing all th...

Umar Farooq Zahoor Explained the Evolution of Real Estate in 2K21

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Umar Farooq Zahoor, Evolution of Dubai Real Estate Here, we will explain what Umar Farooq Zahoor said about the evolution of the real estate sector in 2K21 and how the scenarios changed in the last few months. Umar Farooq Zahoor is a Dubai-based entrepreneur, philanthropist who has a great vision and he always takes a peek at the impact of the last twelve months on the landscape of the real estate and what main dates in 2K21 have done in industry projections. The primary changes as observed by Umar Farooq in the tenders of the last quarter of 2020 is the drastic increase in the developments of mixed as well as large-scale, focus on sustainability, and projects refurbishment all around the hospitality industry. A minor but the trend is too new in this field and emerges as the biochemical tenders, mainly within Dubai. During the Epidemic, most of the construction stayed on the site. By saying that, Umar Farooq Zahoor said we can feel some delay due to the capacity reduction of th...

Dubai Real Estate Market on a rise

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Dubai has become a melting pot of societies and culture with people migrating from over 200 countries to reside in the beautiful city. With the ever-increasing population in the city, the real estate has become a hot investment. If we look at the data from 2008 to 2018, there has been an increase of 86% in the population. A lot of housing projects are already underway to accommodate such high growth in population, making real estate grow many folds with savvy investors. Dubai is coming up as the smartest city in the world with innovations coming up and bringing a higher rate of return of investment. Home to the tallest building Burj Khalifa, the city is attracting huge masses as a tourist as well as dwellers. No one can deny that with such a rapid increase in population, there are requirements for establishments such as shopping malls, hospitals, hotels and even houses. This is coming up as an excellent opportunity for people to buy properties in the city. Sheikh Umar Farooq Zahoor...