Expo 2020 and its Impact on Dubai Property Market

Dubai was chosen as the host of Expo 2020 in 2013. The expo theme is “Connecting Mind, Shaping the Future.” It is a festival and a platform where individuals from all over the world will come together to interact, discover new innovative ideas, and formulate new business strategies that will impact all aspects of the global economy.

With Expo 2020, Dubai will move a step further in inspiring the next generation to spark innovations that will mark the next fifty years of human progress.

Running from 1st October 2021 to 31st March 2022 for over 6 months more than 200 participating pavilions which will include 192 countries, and millions of visitors, will all gather in the Emirate for Expo 2020 Dubai. The Dubai real estate sector features some of the most lucrative investment options for home buyers due to the wide marketplace and the diversity of accessible choices developed specifically to suit the needs of property buyers in the region. As the Expo 2020 starts below are some of the reasons why the Dubai real estate market is an irresistible choice among home owners, expats as well as foreigners from all over the world.

The most diverse place to invest in real estate on the planet

You can invest in Dubai both for residence purposes or Dubai rentals sector. Many builders present Off Plan projects as well as ready to move-in developments with great offers to help you conserve finances. With the Dubai tourism market developing leaps and bounds, you can also choose properties that are suitable for short-term rentals. These deliver consistent rental income especially when you choose a popular area in close proximity to the well-known tourist destinations for your property.

Availability of flexible payment options

The Emirate has been pouring alluring offers for home buyers that help them make the financial decision with self-assurance. Dubai property developers provide plenty of offers on registration fees, service charges and waivers from Dubai Land Department (DLD). Right now, there are developments where you can choose extended tenure instalment plans and post-handover payment plans. With plenty of convenient payment options and the convenience of choosing a home as a non-resident, it’s indeed a wise choice to invest in Dubai Off Plan sector.

Nowhere else in the world but Dubai

The path of development that Dubai is leading does not stop and is not likely to hit a maximum, as it is a vision that aims for more prosperity and advancement. New developments are developed consistently, setting up the doors for additional investing possibilities. The best illustration of that is Expo 2020 where real estate developers have presented a number of amazing projects for people visiting the expo. The projects marketed have witnessed a rapid sell-off since its inception. After the global economic situation due to the COVID-19 pandemic the Dubai property market has rebounded in a spectacular manner as the Expo 2020 approaches and prices are likely to rise further after the exhibit.

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