Real estate investors participating in the Cityscape Global 2019 said that there were elements that defined the investment trends of real estate investors, including the quality of the project, the price, the reputation of the developer and the return on investment.
They assured Emirates Today that mixed-use projects and open green spaces are beginning to attract the attention of potential investors and are very popular, pointing out that the focus on investing in land purchase has become a prominent trend for visitors to the Cityscape 2019.
There is a growing demand for middle-income properties that have imposed themselves on the Dubai property market.
Featured Projects
Mohammed Bin Ghatti, CEO of Binghati Holding Group, said that the projects that led to the investment orientation at the Cityscape Global 2019
He added that there are factors that determine the good project, namely: the high return on investment in the future, against its current price, pointing out that the company put forward a unique project in the region «Jadaf» achieved strong sales, which confirms that «good project sells itself ».
He stressed that the reputation of the developer, one of the key determinants of the orientation of investors towards real estate projects in the cityscape 2019.
Price comparisons
For his part, said the head of marketing and sales at «Tilal Real Estate Company», Alaa Masoud, that there are three elements identified the investment trends of real estate investors, most notably the quality and excellence of the project, and investment opportunities in the future, as well as the price of the real estate project, pointing out that price comparisons Among the projects presented were specific to go to this project only. He agreed that the reputation of the real estate developer played a big role in the investment orientation towards a particular project.
He pointed out one of the highlights of this year's session of the exhibition, the focus was on investment in the purchase of land, as it was a prominent trend for visitors to «Cityscape», especially with projects such as the project «City of Hills», which offers 1447 plots of residential buildings and mixed-use villas Independent.
High quality
In the same context, the founder and chairman of the «Shoba Group», BNC Menon, the importance of real estate developers to provide products that meet the needs of the market, and meet the expectations of buyers, noting that there is a trend by investors towards high-quality real estate projects , And unique features, in addition to taking a good value factor for the property in the long run. He stressed that there is a growing demand for properties dedicated to middle-income groups, which meet the needs of the end user, pointing out that these properties imposed themselves on the real estate market in Dubai.
He pointed out that one of the important trends in the exhibition is the interest of more investors in mixed-use projects and open green spaces that are very popular.