Azizi Real Estate Development Company expects that the real estate sector in the country will enter a new stage of growth in relation to sales, to coincide with the Expo 2020 Dubai, which is considered the starting point for the sector towards more prosperity.

The company stated to «Emirates Today» that the incentive government policies and procedures will be positively reflected on the investment decision by those interested in entering the real estate sector, noting that «Dubai Expo» opened horizons for companies in all fields towards development and innovation.

New stage

In detail, the CEO of Azizi Real Estate Development Company, Farhad Azizi, said that the real estate sector in Dubai is preparing for a new stage of growth during the current year, especially with regard to sales, in light of government policies stimulating the sector, and the ongoing preparations for the launch of the "Expo 2020 Dubai" exhibition. .

Azizi expected that the investors would benefit from the good organization of the upcoming exhibition and the strategies laid down by the new higher real estate committee, in addition to the new measures that are expected to strengthen the sector, including the laws relating to visas granted to foreign investors, people over the age of 55, home owners, in addition to Long-term residence for investors, in addition to the UAE Central Bank abolishing the maximum limit of 20% on real estate loans to banks, with low interest rates.

The investment decision

Dear added that these measures are expected to reflect positively on the investment decision by those interested in entering the real estate sector in Dubai, in conjunction with the presence of an international exhibition such as "Expo" on the land of the UAE, which makes real estate during the current period a good opportunity for investment, especially that There are good incentive prices to buy on the market.

Development and innovation

Azizi pointed out that the "Dubai Expo" opened horizons for companies in all fields, especially in the real estate sector, towards development and innovation, stressing that the demand will increase over the latest innovations and creative features that the global real estate market is looking for.

And he stated that the real estate developer must, in line with the new technologies that a large expo of the size of "Expo 2020" will attend to the land of the state, he must study the factors that would make a real difference in the real estate sector as one of the beneficiaries of these new technologies, starting with technical innovations and efforts Sustainability, leading to a better understanding of investors and end-users, as well as predicting their needs and desires and working to meet them, even before they realize them.

Digitization

Azizi said that in light of the rapid changes caused mostly by the accelerated technological progress, many of which will be seen during the events of "Expo Dubai", it is necessary to emphasize the need to adapt to them, explaining that one of the modern technical tools is the deep analysis supported by big data, which It allows measuring customer requirements, purchasing patterns and global trends, and knowing them all, including virtual reality to organize exploratory tours of real estate units, to provide a comprehensive and realistic experience for buyers, as well as helping them choose their ideal homes.

He added that «in response to the changes taking place in the industry that will be imposed by the (Expo), real estate developers cannot, as is the case of all other interested parties, be just passive bystanders, but rather we must take proactive roles in order to be active in progress and motivated to change.

Latest technology

And dear, that so that any company can achieve prosperity in the digital age, and work according to the wishes and needs of the parties concerned, it is important for them to work on applying the latest technologies, and to ensure that its team is able to employ and deal with them efficiently.

He stressed that companies do not only need to keep pace with the radical developments, but are also expected to make their best efforts to lead change, and strive to control growth and development, noting that the automation of processes has led to the digitization of some repetitive and boring operations, as this has contributed effectively to reducing the aspect of Of operating expenses, and minimize the risk of human errors.

New concepts

"It is now our responsibility to introduce new concepts and add real value, not only to the real estate sector in Dubai and the UAE in general, but to investors and end users whose needs and desires are constantly evolving," said Farhad Azizi, CEO of Azizi Real Estate Development Company.

He added that «by listening to those investors and looking for their aspirations accurately, developers in the Emirates can respond to them in creative ways, and put forward offers that contribute to providing a new model of innovation and excellence at the level of the global real estate market».

Real estate is a good opportunity to invest now with the "Dubai Expo" organization.