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Covid-19 vaccine, Expo 2020 to drive recovery in UAE property sector

Covid-19 vaccine, Expo 2020 to drive recovery in UAE property sector
Samana Developers total sales revenue increased by 65 per cent since Q2 2020
The Covid-19 vaccine drive, and Expo 2020 Dubai, are predicted to be key factors leading to a positive outlook for 2021
The UAE s focus on ensuring that the spread of the Covid-19 pandemic is curbed in a timely manner, will aid in the steady recovery of the UAE s property and tourism sectors, experts have said.
Imran Farooq, CEO of Samana Developers, said: “Dubai has performed well and is capable of fighting a major pandemic. The city has launched a massive Covid-19 vaccine drive to protect the 9.89 million population. Converting the empty hotel apartments into quarantine centres was an innovative idea and helped reduce the spread of the coronavirus. ....

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