Dubai stimulates creativity and seeks to keep pace with all the modern, and this is reflected in the architecture we see in the projects launched during the urban journey to this city, each tower of Sheikh Zayed Road, for example, has its own architectural design and design, where it is considered The most beautiful streets planned in modern times, this applies not only to this street, but to the details of the architecture of the city east and west, north and south.
The urban development witnessed in Dubai has transformed its towers and buildings into art pieces to be seen.Not only is the attraction of these buildings for the purpose of investment or living, as the property in Dubai today, has become attractive in terms of architecture, and this is a unique phenomenon in the world of real estate.
Sectors such as cars and fashion are usually attracted by designs. Each brand has a clear visual artistic identity, but this concept has changed recently, and the real estate sector has entered this line of visual appeal. This phenomenon is clearly emerging in real estate development. Among other things, the competitive real estate market, and the attempt of each developer to provide the most beautiful and newest, and more creative, in addition to attracting Dubai educated community groups from around the world, seeking to acquire what is different and unique.
In addition to the aesthetic view of real estate design in Dubai, and the competition of developers in providing aesthetic real estate designs, the investment objective is to give Dubai an investment advantage other than its technical advantage in its properties. And credibility with the buyer. There is no room for speculators whose goals are centered on making fictional profits in a short time once, and getting out of a market that has become more stable.
Developers have become more connected to the real estate market than ever before, which has made a certain kind of sustainability related to investment in the real estate sector, with rental returns still up to 8% in the Dubai market, which makes it the ideal choice for investors from all over the world, against a return that does not exceed 3% in major cities like London, and other markets.
The Dubai Real Estate Market is the buyer's market, providing opportunities for return on capital for those who are now making the decision, especially as Expo 2020 Dubai is approaching and the new visa regime, which we expect will help boost demand in the real estate market.
The final point in the real estate market is optimism about efforts to open new markets with real estate investors willing to invest in cash, such as China, which commends our leadership.
CEO of Binghatti Group