Expert puts spotlight on UAE real estate Covid-19 recovery plan – ZAWYA

  • Date: 13-Apr-2020
  • Source: Zawya
  • Sector:Real Estate
  • Country:UAE
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Expert puts spotlight on UAE real estate Covid-19 recovery plan – ZAWYA

Real estate will remain a vital economic indicator in the post-Covid-19 era in the UAE. The real estate sector before Covid-19 will never be the same when the crisis is over, the same is true for all other economic sector, noted Al-Zarouni.. Real estate is one of the most important sectors in the national economy, and will be one of the most important economic indicators in the post-Covid-19 era, he added.. *Reducing fees - The real estate sector was a special priority to the recent government incentives aimed at providing "all the necessary" to maintain economic and social stability.. *Great Partnerships - Covid-19 challenges to real estate companies will enforce large partnership deals between developers and companies in the private and public sectors, to finance real estate deals in an affordable manner guaranteed by salaries.. *Rent-to-Ownership - Real estate companies undergo a demand for rental properties ending in ownership, which provides greater options for most areas and price range..