Is Gifting Real Estate A Good Option In Dubai?by John Marshel Digitel Marketing Manager
Dubai has become a property market that has been through the calm and rough seas both, however, if you see then the past 2 years in Dubai for the property market have gone very disappointing for sellers and buyers as well. When the real estate market in Dubai had a downfall in the mid of 2008, it was all due to the real estate projects that were made in excess, therefore it led to the downfall in the economy of Dubai because it created a wide gap between the supply and demand.
While the prices in the property market and rent in Dubai had shown a phenomenal hike in the past years, but since the economy had start hitting downwards in the world a few years ago, the price hikes have gone worse and it is stabilized now. But despite the consequences of the economy breakdown lately, the commercial real estate market in Dubai is now also continuing to offer many benefits to the people who wants their money to be invested in that. Most of the benefits can be easily realized with the time, and maybe the other benefits will be understandable to you over a period of time. Since many customers are interested for investing their money in the real estate market by watching the benefits that it comes with, the sales progression Dubai have also gone up to some extent.
If you’re living in Dubai, your near one’s birthday is nearby and you’re thinking to gift them a property. Would it be a good idea? For sure it would be anytime because this gift would be always remembered by them as it would be a very valuable gift. Property gifting Dubai is the best option that you can choose for a gift to be given to you near one’s, as it’s rates would always be rising watching the current situation of the real estate market in Dubai. It would be the best option for you.
Investing in a property that is commercial, will give you a number of advantages, especially if you are a person who is not a resident of Dubai and has come to invest in the properties of Dubai then it will offer you a wide range of opportunities. Even in the phase of this economic breakdown, Dubai has continued to be the most leading holiday destination choice for the persons that travel whole around the world. This obviously means that, it does not matter that which turn the economy of this country may take, the hotel industry and shopping malls will continue to get business in Dubai
This being said, Dubai is significantly one of the most wanted place to visit for the travelers around the world, as tourism and business hub can’t get ignored there. While it is a truth that prices of the commercial properties in Dubai had a decline in the past few years, but it doesn’t necessarily mean that there are no or very less potential of growth in Dubai.
Created on Aug 12th 2020 02:38. Viewed 178 times.