Ezayed Auctions Explains The Current Trends In Dubai Real Estate


Posted September 26, 2014 by samuel-hokines

With the Expo 2020 lined up, the Dubai Real Estate looks forward to a refulgent future. We bring the current real estate scenario of the city.

 
Ezayed Auctions is a renowned organization, with its headquarters in the Middle East. The company is looking forward to its first online auction in October 2014.

With a team of skilled and experienced professionals, some of the veterans of the industry lead the company. Discussing the real estate in Dubai, one of the senior officials said, “Dubai is a great place to invest. With the facility of online auctions, people can now invest very easily. We get many queries daily for buying and selling properties online.”

The upcoming Dubai Expo 2020 is a major event that will change the real estate trend of Dubai. Veterans predict that the Expo would attract 25 million visitors, of which 70 per cent would be foreigners.

A survey done on the Real Estate scenario in the Middle East reveals that most people are shifting to Dubai from the other Emirates. There are many people coming from other countries as well. While only a few of them shift base to Dubai, most of them buy properties for investment purposes.

The survey done on 2000 people during the period October 2013 to March 2014 shows that almost two-thirds of the people who shifted preferred areas such as Dubai Marina, Discovery Gardens, Khalifa City, Downtown Dubai, Jumeirah Village, and more.

A spokesperson from Ezayed Auctions said, “Jumeirah Village and Dubailand are very much in demand. The Motor City is also doing well. We get calls from people from all over the world. They are eager to invest in Dubai. This makes us feel very proud.”

There are many developments happening in the real estate in Dubai. With many projects under construction and with many of them still in the pipeline, the real estate in Dubai has a refulgent future.

Online Auctions are a boon for investors. While the seller and buyers do not have to be physically present at the site, they can easily transact from the comfort of their homes.

Some of the theme-based projects of Dubai are very much in demand. The Dubai Sports City, built on a 50 million square feet, flaunts a huge multipurpose sports stadium with many residential complexes surrounding it.

The Dubai Motor City boasts of a motor-sport theme, and it includes business towers, residential apartments, a theme park, retail amenities, and motor-sport attractions.

A senior official of Ezayed Auctions said, “Those who are looking forward to investing in real estate, must do it now. This is just the right time. Investments done now will fetch real good returns in the long run.”

www.ezayedrealestate.com
Business Bay Regal Tower 6th Floor
Office Number 609.
PO Box 79373
Dubai, UAE
[email protected]
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Issued By ezayedrealestate
Business Address Business Bay Regal Tower 6th Floor Office Number 609
PO Box 79373 Dubai, UAE
Country United Arab Emirates
Categories Real Estate
Tags dubai marina , jumeirah village , khalifa city
Last Updated September 26, 2014