Why Dubai Is The Best International Real Estate Investment Choice?
Let’s say facts as they are… After a decade long boom, with minor bumps in between, Dubai real estate is currently experiencing a downturn, which is expected to continue throughout 2019. The prices are falling, which has put off many overseas investors to purchases houses and villas.
That said, just like there’s a silver lining in every cloud, even this existing trend has a good part. Per the experts, analysts and real estate investments companies, it is one of the best times to enter Dubai’s housing market.
The theory is fair and basic: buy when the price is low and sell when it’s high. This is “that time” when the real estate market in this city of UAE is self-correcting. The price is low. If you’re really looking for the best places to invest in property, this is it!
The 2019 And 2020 Story
The first, second and third quarter of 2019 is expected to see the real estate market in Dubai go through price correction where the ballooned market would finally take its real shape. Following, in the last leg of 2019 and throughout 2020, the market will take its time to stabilize. And then, provided no big international events take place, the market will have a fresh start on its another growth trajectory.
Of course, given the dynamism of real estate scene — more so in places like Dubai that are more subjective to global trends — things can go North. However, a vast majority of experts believe that the city’s real estate market is showing signs of maturity. And with new legal frameworks and financial regulations, it is only projected to see a positive and sustainable trend line.
Are You An Investor?
If you’re looking to grow and diversify your portfolio, this is a great time to enter the international real estate market such as that of Dubai.
Find a good company who touts a reliable real estate investment network and can bring you opportunities to invest in high-end properties in Dubai. You can find many good names in California. Take your time in this stage and do a thorough research to find the right company.