It is also expected that the growing proposal for the monetary value of the Gulf Country, which coincides with the changes of fiscal law not domicile in the United Kingdom, leads to a peak in the acquisitions of high -end properties of rich investors based in the United Kingdom in Dubai and other parts of the EAU.
With the Eau Dirham in the US dollar, the depreciation of the US currency also leads to a fall in its value.
The demand for real estate assets, especially in the residential sector in Dubai, Abu Dhabi and Ras al Khaimah, is expected to see a significant short -term peak, with the US dollar that is expected to see the effect of Furt’s triumphs due to triumphs, gumps, the tissue of the UAKP due to the UAKP that impacts the value of the US coins.
Uncertainty and high rates are also leading investors to reduce their investments in the United States, further decreasing the demand and value of the US dollar.
“Any fall in the value of the currency tends to drive [property] Demand at the EAU of foreign investors, “said Chris Whitehead, managing partner of Dubai Soothery’s International Realty, Arab business.
Angad Bedi, CMD, BCD Group, a specialist in global real estate with headquarters in India, said that a softer Dirham of the EAU was linked to a US dollar that makes real estate assets in Dubai and the EAUs more attractive to investors abroad.
“Markets such as the United Kingdom, Europe, India and even parts of East Asia could see this as an appropriate time to set high value properties at relatively favorite currency rates,” said Bedi said Arab business.
Farooq Syed, CEO of Springfield Properties, based in Dubai, said that the fall in monetary value, together with the favorable economic environment of the EAU and the resistant infrastructure and the strategic positioning of Dubai, will attack abroad.
Market experts said that with the fall of securities markets, increases on the increase and tariffs that affect everyone, the global appetite for real estate is expected to grow as investors move to tangible assets such as bricks and mortar and proceeding sector, even more the EAU and have the EAU.
Currency Shift Spurs Investments
Sector experts said that a more favorable Dirham exchange rate improves Dubai’s attractive to key markets such as India, Pakistan, Russia, the United Kingdom and other European nations, where advantageous conditions amplify the investment potential.
A lower value of Dirham makes investing in Dubai more attractive and affordable for foreign investors, they said.
The senior executive of Dubai Sotheby’s International Realty said that the dollar’s deposit, which directly influences the assessment of the Eau Dirha through ISS PEG, is improving Dubai’s attraction with international investors.
“This news also coincides with the changes of fiscal law not domicile in the United Kingdom, which are already affecting people of high Networth (HNWI). Those who look at the EAU for relief will only be more to jump,” he said.
Whitehead said that Europe will also benefit from greater attraction as real estate square feet become more attractive.
“That said, the value that can be achieved in Dubai is around double compared to other key cities,” he said.
Sankey Prasad, CMD, Colliers India and the Middle East, said that fluctuations of Act monetary value as catalysts for cross -border investments, the emerging scenario is significant advantageous for the EAU.
“Combined with the progressive visas reforms of the EAU, the safe reputation of the city and fiscal policies, the market is ready for even greater tickets,” Prasad told Arab business.
However, he said that investors should focus on the quality of assets to guarantee strong long -term yields beyond foreign exchange advantages.
Bedi of BCD Group said that, since the United States, real estate already look like a safe refuge with strong rental yields and a friendly business ecosystem, the advantage of the currency could generate the scales for the caregivers of the fence.
“We anticipate a strong increase, particularly in main residential and commercial assets, as well as brand residences and investments related to hospitality,” he said.
Market challenges and opportunities
However, Springfield Properties executive director said that current world economic changes are presenting challenges and opportunities for the Dubai real estate market.
“Global trade interruptions are contributing to inflationary pressures, particularly construction materials from the main suppliers such as China. The increase in raw material costs inevitably increase forestry that are required to high performance contribution costs Arab business.
However, he said that despite the thesis challenges, Dubai has constantly demonstrated resilience against world economic interruptions.
“The City’s Strategic Positioning As A Stable, Well-Regulated Market Continues to Attract Investment periods of Global Financial Instability. Beides, The Pressure On Increasing Prices May Alsoo Result of Developers Offering More and Mainty Plans Toe Mainteil, Plans Toe Mastibily, Toe Maintlet Toe Toe Toe Maintlet Toe Maintlet Toe Maintlet Toe Maintlet to Maintlet to Maintlet to Maintlet to Maintlet to Maintain, Plans to Maintlet to Maininin, Plans to Mainte, Plans to stay, maintenance plans.
The Executive Director of Springfield Properties also pointed out that the real estate market of Dubai benefits from the advantageous fiscal structure of the region.
The general tariff rate of GCCS of approximately 10 percent is considered that the fable is lower than that of many markets established worldwide, he said, adding that historical Dubai has capitalized in the changing economic conditions by offering a safe and attractive environment.
“Dubai’s ability to emerge a longer duration of regional and global instability makes it increasingly attractive for the world community of investors,” Syed said.
