As Moving into the new year, the question arises for several stakeholders concerning the UAE property outlook in 2020 is: Will this year see a continued fall in prices or stabilize?

Predicting the outcome of the Expo 2020 property market can have vast transformative effects for the UAE. According to data from Standard, it expects that Expo 2020, a grand world event will benefit the town greatly.

However, the long-term UAE property outlook in 2020 remains positive. The declining property prices within the UAE makes the market favorable for investors and tenants. Although the construction industry depends on sanguinity, with the coming Expo 2020 in Dubai, the industry has seen an increase in demand, due to the number of properties that has to cater for Expo visitors and the residents it births.

Property Investment Opportunities in Expo 2020

Expo 2020 is a great chance for developers and buyers to take advantage of and benefit from the stabilized economy. it will improve their position in the market and provides that additional push for future growth and development and therefore the economy, at large.

One another factor is the variety of flexible payment plans being offered on off-plan projects.

Other factors are the new visa rules that have recently introduced 10-year residency visa and a five-year retirement visa. It will make it easier for people who are viewing Dubai as a world hub for a long-term option and increase property investment opportunities in Expo.

As, Dubai is known for its world-class structures and has caught the eye of many investors. It will garner a lot of interest and making it an immense opportunity to invest in properties. The image of Dubai will long be in the mind of the worldwide population and this will have an extensive effect on people’s minds of moving to and settling in Dubai, attracting a new population to the town, ultimately giving the market some well-needed stability.

Contact 5 pillars property advisors and let us help you to invest in your future.