It is hard to imagine a world free of the COVID-19 pandemic amid the present situation. An effective rollout of vaccinations against COVID-19 offers the most promising prospect of bringing the pandemic to an end. A rapid vaccination protocol currently rolling out across the UAE will certainly change the country’s real estate landscape for the better. Most of the population are able to travel within the country and are looking to invest in countries with COVID-19 under control.
Whilst the Dubai economy faced severe disruptions last year; it is clear from Q1 of 2021 that the commercial real estate market is making a steady recovery.
As Dubai eases its lockdown restrictions and we navigate our way out of the pandemic, there is increasing consumer confidence, with Q1 seeing investors come back into the commercial real estate market in Dubai. To talk about the changes that are taking place right now in the Dubai real estate market, from the start of Q1, companies started hiring again, increasing the number of staff and deciding to return to bigger offices. With the market for offices currently at attractive prices, we can see companies securing bigger offices for longer contract terms in a bid to lock in these more affordable rates.
Have you decided to buy a property?
When it comes to the process of buying or investing in property, many tasks need immediate action within the short timelines. If you have trust issues that are stopping you from consulting a property consultant, then you should have to know that finding a suitable property as per your needs is a tedious and time-consuming process. If you are thinking of consulting a real estate agency, then you can get many benefits than approaching a property developer. But we recommend doing some background check before you approach any real estate agency. That will give you a better synopsis of the agency’s services and reviews of previous clients.
An established real estate agency with a proven track record will help you to avoid difficulties during the process of investment. If you wish for a seamless buying experience, please put your trust in us and just give us a call?
Luxury Concierge Real Estate has an experienced professional team with a wide range of managed properties for our local and international investors. Our team goes a mile ahead to find the property of your requirement, whether it’s for investment, self-use or bulk investment buying. We are at Luxury Concierge Real Estate are always ready to help you with any and every enquiry related to real estate deals in Dubai. For more information about property investments, please contact us on +971 4-441-4387 / 54-33-66-056 or check our properties available for buy at www.luxuryconciergerealestate.ae