Everyone loves going to Expo 2020 Dubai because there is something for everyone: individuals from all walks of life, any age group, any form of business, any industry; governments with bilateral trade objectives. For Linking Minds; Shaping the Future, Dubai has developed a forum that will encourage imagination, innovation, and collaboration globally. Dubai is super proud to be the world’s host.

The strongest explanation for the EY’s ‘The Economic Effect of Expo 2020 Dubai Report 2019’ is that the Expo will improve the UAE economy with a substantial AED 122.6 billion investment yield that will produce 905,200 new full-time jobs and 1.5 percent of UAE GDP in a short six-month period. However, this is not the only explanation. There are so many more.

What’s on the plate for the real estate sector in Dubai?

Although there are many possibilities for any industry that wants to write on sheets and sheets, we are going to limit ourselves to the Real Estate Companies in Dubai, and that’s about the real estate saga of Dubai. It will demonstrate how the host city in coming years will reap the fruits only before, during and after the Expo. The Dubai real estate market has already gained tremendously from the market boom of Expo 2020, and in the run-up to the event, the market around construction in Dubai is brisk. The obvious rise in the city’s cranes and staff tells us how well the real estate sector in Dubai is doing. Thanks to Expo 2020, offering opportunities to invest in Dubai property and improving the UAE’s overall economy.

Many Foreign Investor Options

In order to get it ready for international investors, we see developers are in a sprint to complete projects before the expo. To capitalize on the opportunity, investors will have several lucrative options. After the expo for post event developments, some new residential projects will be completed.

Greenery Swathes and Bulbs

The fun welcome for visitors is that Ahmad Al Khateeb, Head of Development and Real Estate at Expo 2020 Dubai, said in a statement: “The exhibition will not only feature visitor-impressive buildings and pavilions, but also trails, fountains and parks that will capture their attention.”

He said that the expo had allocated an area of 220,000 square meters to a plant and tree nursery that, in collaboration with the Municipality of Dubai, will cultivate 12,157 trees, including palm trees, over 256,000 shrubs, thousands of flowering plants and herbs. So the expo visit will be full of lovely memories and encounters.

From Expo 2020 to the 2020 District

The location, called District 2020, will be transformed into a major global destination for science, technology, social growth and education following the exhibition. 80 percent of the site will be re-used, including the following:

• District 2020 will help growth strategies for the future.
• In District 2020, Siemens is setting up a logistics base.
• There will be a conference and exhibition centre to represent the world’s MICE culture.
• Several residential projects in and around District 2020 are on the rise.
• The Expo 2020 Metro connects will link the district to Dubai as a whole.

District 2020 will be a new urban experience that will help Dubai and its residents develop. As the future of Expo 2020 Dubai, the first World Expo to be held in the city, District 2020 will inherit cutting-edge physical and digital infrastructures. Its location between Abu Dhabi and Dubai Developers, in near proximity to what will be the largest airport in the world, puts District 2020 at the centre of Dubai’s growth acceleration in the years to come.

In unfamiliar days, we are working. You’re going to see people using models, graphs, charts that compare our situation to the market crash of 2008, even worse on Black Friday. But while there are lessons to be learned, the fact is that no two crises are alike.

We should focus our judgment on a collection of precedents and patterns, even though they come from assuming the worst possible scenarios. As a wise man once said, “Plan for the worst, but hope for the best.” This piece of wisdom is one of the key things on which we can rely.

The industry as a whole appears to survive and even prosper in recessions, unless the financial crisis has directly struck the Real Estate Companies in Dubai.

This is the basic distinction between today and the crisis of 2008. 2008 was a FINANCIAL crisis; we are now dealing with an outbreak. In the U.S. house market, 2008 was triggered by over-leveraging and then selling off the debt rights as high-grade investment bonds; we all know how that ended.

The 2000 dot com accident may be a more specific case. When the internet economy collapsed in 2000, San Francisco’s real estate prices fell for a short time (about 6 months), but actually recovered and started to grow until 2008. This is important because San Francisco is the world’s tech hub and if the real estate of that city was untouched, then it is fair to extrapolate that the industry as a whole will not and that the sector has proven its resilience and prospered.

The same can be said of any other significant economic downturn, regardless of the 2008 recession, as it was explicitly a real estate downturn. But even that was special because we do not have a reference point for it.

So, what are you going to do when the economy crashes? You go through secure asset groups that can wipe out the storm at least or have the best chance of surviving it at best. And as has been evident in my writing so far, obviously, so you already know we’d prefer real estate over something else. The question, though, is why are we suggesting this?

For our investors, our model has proved itself to be a great safe haven. We set a record month in March amid the current market conditions, where we managed to close 1,000,000 AED + in that month. Our investors find that not only is real estate a good way to hide and save their cash, but also to maintain a steady cash flow over the year.

Another argument which will highlight this opportunity is that there is a supply-side contraction in the market (especially in the UAE).

I’m sure you’ve all learned about demand and supply. Prices go up when demand is greater than supply. If supply, then demand, is higher, prices go down. What this means for Dubai Investment Real Estate, there are not as many new units coming into the market, which means that the current assets, capital appreciation, become more valuable.

This supply-side contraction, as it will push up capital appreciation rates, will prove healthy for the sector as a whole. A welcome side effect that is unintended. This is certainly not a good sign for developers, but it is certainly a welcome relief for investors as it will provide an incentive for their investments to expand and prosper.

So the bottom line is that we see an opportunity for those who want to take action in this climate, where everybody sees doom and gloom.

The Emirate was ranked 39 in the list of the top 50 investment cities, with investments rising to $3.68 billion annually. The Real Estate Companies in Dubai is making headlines internationally, not only because of its new ventures. The emirate is back on the list of top cities for investment. Rated 186th in the previous ranking, the Emirate is now number 39 out of 50 cities with an annual investment rise of $3.68 billion.

Focusing on investor demand, Dubai reported news that came as a relief for investors in the real estate sector in the Emirates, reviving many projects where construction during the financial had been halted. The six projects were part of the portfolio of Best Homes and will now.

One indication that the market is on its way up may be greater investor interest, but another strong indicator is the success of some of the leading developers in the market. A profit of $678 million was recorded by Emaar Properties, 37 percent higher than what was recorded the year before. Emaar Properties’ Chairman, said: As we delivered on our improving shareholder value, this was a record nine-month result for Emaar. Through our strategic growth initiatives, including the distributions approved by shareholders at the beginning of this year and the dividends planned for distribution before the end of this year, we have set an industry milestone by announcing a total dividend of AED 17, 12 billion this year.

While the attention on the end-user is apparent, as a result of its record-breaking real estate feats, Dubai has always managed to remain in the headlines. The Emirate has its sights on another ‘highest tower,’ announcing plans to build the worlds largest twin towers at Dubai Creek, the Dubai Twin Towers.

Experts were worried earlier in the year about Dubai Developers moving into a property bubble comparable to the one in 2008. It has become more and more evident, however, that the Emirate has learned its lessons and has responded to the needs of investors and buyers. Although rates may have skyrocketed over the past year, with rents dropping in many main residential areas, the market has reacted rapidly to the needs of end users. The market is bound to regulate itself with fresh innovations in the pipeline, stabilizing as a result of increased supply.

The Dubai rental industry continues to draw the attention of players in the Real Estate Companies in Dubai. And analysts provided data last week, clarifying why.

Last week, JLL and analytical agencies presented their research into property prices in Dubai for the third quarter. Their popular verdict suggests that Dubai’s average rate of return on investment is rising due to lower sales segment prices and price stability in the lease segment.

In the third quarter of the year, apartment sales prices in Dubai dropped by 3 percent compared to the previous quarter and by 11 percent year-on-year, while the average rental price remained almost unchanged, according to JLL experts in their latest survey, having decreased slightly by 1 percent year-on-year and quarter-on-quarter. According to consultancy figures, villa and townhouse prices decreased by about 3 percent in a quarter and 7 percent in the year to October, while the average sales sector prices indicator showed a decrease of about 12.7 per cent year-on-year.

The operation of overall buyers also saw a decrease. In the third quarter, the overall amount of real estate transactions decreased by an average of 64 percent compared to the first quarter of the year. However, it is worth noting that the third quarter comprises the two hottest summer months in Dubai plus September, and all business activity in Dubai typically fails during that period.

In general, however, experts have called the situation very stable in the Dubai property market and agreed with JLL experts in their reasonably optimistic outlook for the potential growth of the real estate industry in Dubai. In terms of prices, apartments in Dubai were put on sale in the third quarter at an average price of USD 3147 per square meter, while villas were put on the market at a price of USD 3545 per square meter.

26,100 new apartments and 2,400 villas are expected to be handed over in Dubai in 2016, and another 5,000 units will be added to the Dubai Investment Real Estate by 2019 in 18 new off-plan real estate projects that were launched in the second half of 2015.

This situation makes real estate the most lucrative investment now in Dubai, as the rise in demand for rentals along with the decline in sales prices have jointly pumped up Dubai’s average yield returns by 9.9% to 7.42%.

Thus, Dubai has once again proven its ability to turn even that into its key advantages, which at first seemed to be the worst trends.

Developers in Dubai pin their hopes on the Dubai Investment Real Estate, expecting development to drive their expected launches forward. To find out what they are doing to build a demand and what else is going on in the Dubai real estate industry, read our market insight.

Whoever expected to soften the Dubai property market in 2016 was undoubtedly incorrect, the official statistics provided last week by the DLD can now confirm. In just 53 days of 2016, the emirates reported transactions worth US$ 18.6 billion, showing signs of a ‘thriving’ property market.

And the official forecast made by Sultan Butti bin Merjen, Director-General of the Dubai Land Department, for the whole year of 2016 is even better, as he predicts that total real estate transactions in Dubai will reach up to US$ 81.6 billion. This will demonstrate the successive expansion of the real estate market for many years in a row, experts claim.

And the developers in Dubai certainly pin their hopes on this expected growth that will drive their planned launches forward. Last week, the Dubai Properties Group announced the construction of 8.2 million square feet of affordable villas in Dubailand, planned to be built in five stages and the first to be ready in Q4-2018. The ‘Serena’ project will feature clusters of four to six villa units, with two and three-bedroom townhouses and semi-detached three-bedroom villas in Phase 1.

In the meantime, fresh launches were exceptionally rich on the front of luxury housing this week. In its Aykon City project, Damac Properties has once again captivated high net value property buyers with its mind-blowing design of luxury apartments with car lifts. The development will be part of a project to expand the Dubai Canal, featuring a cluster of six towers on Shaikh Zayed Lane. Damac expects to generate AED 7 billion plus from sales in all phases of Aykon City, mainly due to the exclusive notion of combining the enthusiasm of investors for luxury properties and luxury cars.

There was an upscale villa project in MBR (Mohammad Bin Rashid) City by Meydan-Sobha Group among other big and long-anticipated Dubai real estate launches, as well as the Meraas-developed No 10 City Walk in Jumeirah 1, which is creating enormous interest ahead of its second quarter completion, and the 90 luxury apartments Royal Bay Residence project by Azizi Developments on the Palm Jumeirah, pres. Due to its exceptional capital growth potential normal for such prime area projects, the last but not least one Azizi project has excited a special high-profile interest of investors.

Dubai’s developers are explicitly stating their intent to build demand now by pushing ahead with their expected project releases, rather than waiting until the next upturn comes around, experts say. Today, Dubai is experiencing a heavy end-user demand from Emiratis and a wide range of nationalities for the first time ever, now having the ability to acquire freehold real estate in Jumeirah and other most sought after areas of Dubai, which will help the Real Estate Companies in Dubai flourish throughout and beyond throughout 2016.

Property Developers in Dubai are currently at a seven-year low, according to the respected UAE-based real estate website, Property Monitor, which operates under the aegis of Cavendish Maxwell. The report reports that prices are down 27.5 percent from their previous September-2014 market high, while remaining 13.99 percent above their previous April 2009 market low. The analysis also shows that the last time prices were this low was in December 2012.

If looked at in isolation, figures can be deceptive and Dubai real estate prices often need to be viewed in the sense of broader market actions. On the one hand, property prices fell to a per sq ft average of AED 895 per sq ft in November 2019, but the time also accounted for record sales relative to recent years. A total of 5,025 transactions were registered by the Dubai Land Department (DLD) for the month, with off-plan properties comprising nearly 60 percent of that amount. In addition, DLD reported a total of 515 real estate transactions worth AED 888.3 million on November 24, marking an 11-year high for a single day. Incremental sales in September and October were followed by decade-high sales in November, at 4,007 and 4,774 transactions, respectively.

The falling prices have contributed, according to industry analysts, to a knock-on impact on the amount of sales, but that’s just part of the storey. Well-timed government reforms and measures, stable supply, a wide variety of options and enticing rewards have filled consumers with market faith, which has also resulted in an increased volume of transactions. In the rental sector, where the market has become favourable for tenants with rents that continue to decline, but at a slower pace than sales rates, a somewhat analogous pattern can also be seen. Although a normal economic phenomenon is the inverse relationship between property prices and sales volume, it gives tell-tale indicators of long-term consumer trust, market equilibrium and the direction the market is going in.

As a tailwind, affordability

One of the buzzwords in real estate debates over the past year that has gained tremendous popularity is ‘affordability’. One of the key factors behind attractive prices, which have attracted cost-conscious buyers and opened investment opportunities for a larger segment of the population, has been increased real estate supply. This is a relatively new trend, as affordability has been heavily affected since 2012, owing to the US dollar’s resistance to other world currencies. Although the UAE was well served by being dollar-pegged, providing stability and investor trust, an argument can be made that it also undermined the Dubai real estate market’s affordability and competitiveness. It should be noted that any depreciation in the value of the dollar and increase in the price of oil or commodities could further impact price equations in and beyond 2020.

The pillar behind the low-income housing programme introduced by the government in 2017 was affordability. However in the past year or so, as prices fell across the Emirates, the concept has taken on much broader meanings. The increased sales in the Off Plan Properties in Dubai segment are another primary takeaway, which greatly mitigates market glut issues. By one estimate, by the first half of 2020, an additional 50,000 real estate units are projected to reach the market, partially due to last year’s spillover and developers’ determination to enter the market before the start of Expo 2020. The materialisation rate of handovers is around 60-70 percent, which means that it is possible to realistically anticipate an addition of about 30,000 to 35,000 units. Against this context, affordability in existing inventory will boost the potential for price adjustment and lead to increased sales in the ready-to-move-in segment as well.

Reportage Properties is based in Abu Dhabi, but its commitment to offering its customers the best solutions is not limited to Abu Dhabi Real Estate. The group also showed interest in Off Plan Properties in Dubai  by launching a few projects in Dubai as well; one of them is Alexis Tower in Downtown Jebel Ali.

Alexis Tower is a project created by the community for its convenient and attractive location features for anyone looking to be in a Dubai location that gives them great mobility and proximity to some of the most famous spots in the region.

Since Dubai is a cultural hub and is designed to facilitate a busy business lifestyle, before making a final decision on buying or investing in land, anyone looking for Dubai properties for sale or Dubai Investment Real Estate opportunities takes several things into account. If not included in the estate projects they were considering, this “criterion” that individuals set for their ideal home could be a deal breaker. The check list on this criterion could vary between considering the proximity of the property to its personal work or general business areas, the proximity to the malls and recreational activities, the availability of parking, the ease of finding public transport around the area or its proximity to some of the most famous landmarks in the area, and several other factors. Reportage Properties takes into consideration these concerns in order to provide clients with projects that cater to their needs and which can serve as the best choice for the client and their lifestyle.

December is likely to be our favourite month to inspire tourists to Developers in UAE to come. From the perfect weather to Christmas parties around town, there is so much to enjoy, but it is also one of the most expensive times to visit.

Suggested December Dubai events

Given the mild sunny days, doing some of Dubai’s more physical outdoor activities is a great time of year. For this December, our top picks are:

• Take the Jebel Jais Flight on the Ras al Khaimah zipline course! Not only the world’s longest zipline, where speeds can reach up to 160 km per hour, but also the Jebel Jais Tour, seven separate zipline courses meeting in the Hajar Mountains on a suspended platform.
• This is the best time of year to encounter Zabeel Park’s Dubai Garden Glow, Dinosaur Park and the Ice Park. The holiday season, an evening wonderland, makes it all the more magical.
• Take a tour of the east coast of the UAE. Cross the magnificent Hajar Mountains and experience the Gulf of Oman’s cool, warm waters. There are opportunities for snorkelling, as well as boat tours that will take you amongst the magnificent khors of Musandam, Oman, without crossing the border of the country. Check out this Fujairah day trip on the east coast, or you can rent your own car and set your own rate.
• Hatta Dam visit. Hatta is situated south of Dubai, close to the Oman border, about 1 hour and 45 minutes from Downtown Dubai. Enjoy kayaking and paddleboarding, or try your friend’s tandem water bikes! This fascinating history of this mountainous border town will take you through the Hatta Heritage Village.

Dubai in December with the kids

This is a wonderful time of year to visit Dubai with your family, although it is also one of the most expensive times to visit and book accommodation in common locations, as we’ve described.

There are events for families to enjoy a lot, some December proposals:

This hotel-come-entertainment venue permanently docked at Port Rashid is a great family experience with winter shows a highlight. Attend a Christmas show at the QE2 Theatre. The feature show this year is Beauty and the Beast, from 16 to 27 December 2020.

Aventura Parks, high ropes and zip lines through the almost forest-like Mushrif Park, are a little secret gem on the outskirts of the area. Swing your way through Mushrif Park. Ideal in winter when the waterparks get a little chilly, but your kids still want an active adventure. You won’t believe you’re in the city other than the odd Emirates flight landing over your heads!

Motiongate, home of the most exciting roller coasters in the Middle East, is a family favourite of ours, part of the Dubai Parks & Resorts complex on the western side of the world. From the giant indoor Dreamworks to Lionsgate and exciting Hunger Games tours, rides cover all ages and interests.

Splurge for Dubai in December

Without even realising it, it is very easy to get carried away in Dubai and splurge! But if you come to Dubai Developers in December for anything very special, you really can’t go beyond booking one of Dubai’s top New Year’s hotels or restaurants.

Expo 2020 is around the corner and is bound to have a major effect on the city and the Real Estate Companies in Dubai. You will see Expo 2020 start on 20 October and run for 6 months as one of the biggest events that will grace the Middle East. It is estimated that Dubai is preparing to meet 25 million people from over 190 countries.

Why is Expo 2020 and opportunity for investment?

Dubai is a haven for developers, and the demand for real estate is no different. In Dubai, real estate property is accessible, with developers having access to a visa for 5-10 years and no property tax to contend with. Expo 2020 is a perfect opportunity for developers and investors to take advantage of the stabilized economy and benefit from it.

How will Expo 2020 affect the economy?

Dubai has one of the world’s fastest growing markets for real estate. With Expo 2020, the city is expected to benefit greatly from a great world event, with billions of dollars being poured into the Dubai economy. You can read this exclusive guide to find out how Expo 2020 can have a positive impact on Dubai’s real estate market whether you are a real estate investor or buyer.

How to build jobs with new infrastructure

The government of Dubai will welcome tourists to its new infrastructure, giving its hotel industry and property markets a boom. Expo 2020 will give retail, real estate and more than 300,000 new jobs a boost. As it will hit an all-time low, 2019-2020 will be a good time in terms of property prices. Property prices in Dubai have stabilized and rental figures are around 8-10% . In famous locations like the Dubai Marina, this is especially noticeable.

The government of Dubai is planning for this case in a major way, sparing nothing. In order to cater to the millions of potential visitors, people are making huge investments and real estate is likely to benefit from these major investment schemes. The general perception is that even after Expo 2020 has finished, rich property buyers from overseas will boost trust in the property market.

Why is Expo 2020 the best time for real estate purchases?

If you are pursuing growth in the long term as an investor, considering buying property in Dubai will give you a solid investment. With this large-scale case, you will be able to reap the benefits of return on investment as the property value in Dubai is anticipated to increase.

Global investors are expected to spend more aggressively in the property market and new residential projects are on their way to completion before Expo 2020 begins. New infrastructure would create interest in the Dubai Investment Real Estate, making it an attractive choice for investing in city properties.