Are you going to travel to Dubai or the UAE at the end of this year or the beginning of the next one? If so, what a lucky you are! To clarify, in the last quarter of 2020 (namely, on 20 October) Dubai will host one of the most exciting event, Expo 2020 and will run it till the beginning of the first quarter of 2021 (namely, till 10 April). Thus, having a trip to the country and the emirate during this period you can have pleasure not only of its wonders, but of the exposition as well.
The world is awaiting the biggest exposition of the last five years, Expo 2020. Being hosted in Dubai, the event expects the number of visitors and participators as much as dozens of millions and hopes you are going to be one of them. But what is the first question arise in your mind when you plan your trip? Right you are! It is a sort of “where-will-I-stay?” question!
Property price trends and actual rate of return on investment (ROI) are always of great interest for investors in Dubai. Besides, trends in property sale prices are useful for those who plan to make Dubai their home as well. So, at BSO, we reviewed the market to share in this post such important details as apartment price trends in Dubai and its popular communities, apartment types, and rental yield. To clarify, selecting an apartment as a searching basis was dictated by its high demand in the market both for buy-to-own and buy-to-rent purposes.
The positive answer on the question is the right one. If you still hesitate whether to invest into the real estate in Dubai or not, let us reveal a few moments of great importance.
When investing, two things are worth to be considered:
- Benefits promised,
- Risks involved.
First of all, let’s clarify residential property is real estate built and used for dwelling purposes In Dubai, such real estate includes flats in various communities and villas. Further, let’s get to the essence of property management that refers to a service of real estate operation, control, and oversight designed to assist landlords in their rental business. Thus, residential property management is a service that includes operation, control, and oversight of rental housing.