Dubai Real Estate Market During COVID-19
Dubai Real Estate Market During COVID-19 Real Estate Market During COVID-19 Warren Buffet said that “You have to be greedy when everyone is fearful and fearful when everyone is greedy.” In line with that, Dr. Mahmoud later mentioned that he believes it is a great opportunity for those that are capable of investing to really start searching for good deals. Although the market might continue to drop, unsure of how long, it will eventually pick back up after this pandemic and the lockdown has been lifted. He also shared some statistics from China as they have lifted their lockdown and have already seen a 30% increase in their real estate transactions. Dubai is known for its resilience and risk management; it is in the DNA of the city. If we just look at the airport in the 1960’s, Dubai only had 2 airplanes coming in hired from Pakistan and today it sees over 200 airplanes and people from all around the world. Dr. Mahmoud also shared that Foreign Policy Magazine talks about the word ...