A journalist brother from a sister Arab newspaper previously asked me: Is buying a property in the UAE currently an opportunity?
This question was directed to me in the glory of the “Covid-19” pandemic, when the entire world’s clock was suspended at that time, knowing that this brother always attached a link or a copy of an article or report issued by a local newspaper on government agencies or market studies and research companies, To ask me for a specific comment or opinion.
There were many reports and news on the real estate sector, on the financial portfolios, and on the packages of facilities allocated by the state to enhance the investment environment in various economic sectors, and the expansion of the circle of investment attraction, and therefore he asked me that question.
I did not answer him at that moment directly, and I kept the question until a later time, then I answered him saying: “You meet in the Emirates, and Dubai in particular, for the time being, all circumstances make buying real estate more than one opportunity, and not only one opportunity.” The reader may be surprised by this answer, and wonder: How is that?
The answer is very simple for those who intelligently think during crises, and do not give in to frustrating and negative opinions and reports, some of which suggest that the world will end after only a few hours!
Away from the allure of the prices of currently attractive real estate units, flexible payment plans, the package of government initiatives directed at investors, real estate offers, and other attractive factors, far from all of this, we must realize that real estate is the safe container to maintain the financial liquidity of individuals during periods of economic turmoil, And the global political crises, and as long as it was during all those economic and health crises that the world has gone through until now, and the new Covid-19 virus crisis, which makes real estate the best option for everyone who has financial liquidity and wants to save it in a safe way, the drug is The successful way to do so, and at the same time it is the effective way to multiply that liquidity in the future.
Last June, I read a report issued by Bloomberg Agency on news websites, indicating an increase in demand for Hong Kong real estate, coinciding with the political turmoil, after all units of a one-room apartment project were sold, at a cost of 872.4 thousand dollars to the apartment, within hours Just.
"Clients are rushing to the most expensive real estate market in the world, coinciding with the political turmoil in the Asian city today," the report said.
What really caught my attention in this report is the height of awareness of a client, who told Bloomberg saying that when the political and economic system experiences instability, liquidity decreases quickly, and that she wants to put her money in real estate to preserve its value!
Here the importance of investor awareness and intelligence during crises is evident, and how he can maintain the value of his financial portfolio during crises through real estate.
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