Investors across the globe flock to invest in Dubai real estate sector this year as the government introduced various visa reforms and successfully managed the Covid-19 pandemic through a well-planned vaccination drive, experts say.

Leading developers and industry stakeholders said property prices picked up pace during the third quarter as investors especially from India and Pakistan poured money into the emirate’s real estate market following resumption of flights in August and ease of travel restrictions ahead of Expo 2020.
“The Dubai real estate sector gained momentum during the July-September quarter as investors from subcontinent returned to the market. Some long-term residents, who secured golden visa and silver visa, also preferred to own a property rather continued as a rental tenant,” they said.