Is This the Best Time to Invest in the UAE’s Real Estate Sector?

  • Date: 02-Jun-2021
  • Source: Al Bawaba
  • Sector:Real Estate
  • Country:UAE
  • Who else needs to know?

Is This the Best Time to Invest in the UAE’s Real Estate Sector?

According to official reports by local departments in Abu Dhabi, Dubai, Sharjah, and Ajman, the property market in the respective emirates has generated AED59.2 billion during the first three months of 2021.

These considerable numbers have been attributed to increased spending on infrastructure development and the growth achieved by the trade and tourism sectors in the country following the COVID19 outbreak.

Thanks to extensive vaccine rollouts across the UAE, the country's economy is clearly showing signs of recovery that are being traced in market stability and the growth achieved in the country's job market.