According to reports, Dubai is steadily becoming one of the biggest investment destinations for rich investors across the globe. Dubai is one of the most cosmopolitan places for business and leisure and this has made it a major realty investment hub. Experts state that Dubai is poised to witness a real estate market that is stronger and high-performing over the next few years on account of the literally unlimited investment opportunities for investors. Dubai’s cosmopolitanism comes from it being home to more than 200 nationalities and experts feel that investors are always interested in Dubai for the high returns that it offers on real estate.
Dubai will always be a very diversified realty market and there are steady regulations in place which boost investor confidence as well. Several experts also came together at the Global Property Consultant Summit which had a common platform for several realty developers, investors and experts who were discussing future investment scope, hurdles for the sector and other aspects. Some experts agreed that the UAE itself makes for a strong investment hub and it is also one of the biggest realty industries in the entire region. Everyone agreed that cooperation in the local market was the key towards future success.
The GCC Property Development Sector for 2018-22 also merited extensive discussions. There were discussions on returns from investments, business opportunities and other market strategies along with the needs of investors from the mainstream real estate sector. Several industry leaders also presented their strategies and opinions at the above mentioned event and everyone was in agreement that the outlook remains positive for the Dubai real estate sector. The Blockchain techniques are also steadily leading to an evolution of sorts for the Dubai real estate sector and challenges from tenancy contracts should also be resolved in order to boost the growth of the sector.