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Dubai real estate..a destination for the world's rich

Walid Al Zarooni

August 24, 2022

Dubai has emerged in recent years as one of the world's favorite destinations for the wealthy, as this came as a result of good planning and incentives to enhance the emirate's position at all levels.

Dubai also came as the best safe haven for the wealthy, especially during and after the “Covid-19” pandemic, thanks to the great state of mobility in terms of infrastructure, services provided, and entertainment, in addition to the urban shift supported by the government’s ambitious plans.

At a time when the emirate has provided all the capabilities and solid infrastructure for the success of any serious and ambitious investment activity, Dubai is one of the best financial centers around the world, and the first center in the Middle East for business management, so it is the preferred choice for the wealthy to launch their businesses in the region.

The recovery in real estate demand came increasingly by wealthy people from all over the world, during the period that accompanied the pandemic, and this came to escape the restrictions imposed by some countries, and to search for an outlet for tourism and shopping, at a time when Dubai quickly returned from closure, but it placed the safety and security of individuals. top priority.

Dubai real estate has gained great confidence in light of the tempting opportunities presented by the real estate sector, and continues to offer them, as luxury real estate sales in Dubai are witnessing record levels since the pandemic, and Dubai is attracting the attention of wealthy people from China, the Netherlands, Switzerland, Germany and Bangladesh, to come at the forefront of real estate buyers.

I still confirm that Dubai did not disappoint any of the wealthy, and their experiences were successful, and an effective platform to launch their businesses in the region and the world. The wise leadership in the country had the ability to foresee the future, and therefore we see successes in all fields, which nominates Dubai to embrace wealthy people of all nationalities, and to be a second home for them.

The real estate sector, whether in terms of villas or apartments, still has opportunities to achieve growth and more prices, which makes it a good option to live and invest at the same time for the wealthy who are always looking to increase the value of their assets.

Of course, the real estate sector benefits from organized legislation, which preserves the rights of everyone, and the facilities granted by the government in terms of granting long- and medium-term citizenship and residency have had a great impact in encouraging the wealthy and the non-wealthy to come and live in Dubai. 

Chairman of the Board of Directors of “W Capital Real Estate Brokerage”

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