Why It Might Be the Right Time To Relocate To Dubai?

Why It Might Be the Right Time To Relocate To Dubai?

Developers are expected to continue offering a range of incentives such as fee waivers, discounts, rent-to-own, as well as partnerships with banks to attract new investors and end-users looking to take advantage of the lower prices, according to JLL's latest UAE Real Estate Market Performance.

"Looking ahead, the residential market is expected to remain under pressure in the short term in light of various macro uncertainties, namely high unemployment rates and a slowdown in population growth. This is in addition to subdued investor sentiment on a global level," said the report.

"With the ease of lock down measures and increased mobility during the quarter, there has been a considerable increase in the level of new leasing inquiries in the office sector. Existing tenants also continue to either consolidate operations, seek more attractive