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Dubai Metro Route 2020: All you need to know about getting to the Expo site
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UAE real estate rush: Buyer demand, investor appetite spikes in first-half of 2021 Missing out?
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Dubai Lagoon: Investors in Schon Properties project want RERA to take over after 16-year delay
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Expo 2020 Dubai: These areas will see rents rise
Representational image- Reuters
Residential property rents in some locations could go up by around 10-15 per cent.
Residential property rents in prime and waterfront locations in Dubai could go up by around 10-15 per cent during the upcoming Expo 2020 as millions of people from abroad and within the UAE will throng Dubai for the six-month period.
Analysts and executives from the real estate industry suggest that prime areas with limited supply such as Downtown, City Walk and Bluewaters Island will see an increase in rentals. This is because these places will also witness several entertainment activities during Expo that have never been seen before. In addition, areas surrounding the Expo site such as Dubai South, Dubai Investment Park and Jumeirah Golf Estate etc. could also see a rise in rentals due to higher occupancy levels for the mega event.
In conversation with the Founder & Chairman, Kalandoor Group of Companies Sponsored by Kalandoor, Founder and Chairman, Kalandoor Group of Companies Image Credit: Stefan Lindeque | Gulf News
Success stories are intriguing and inspirational in equal measure. The diary of someone making it to the top helps so many others who are perched on lesser rungs on the ladders of life. There is comfort in knowing the climb is hard, but for the hardy, the rewards are great.
What if such a story is also laced with practical advice and valuable information? Kalandoor, founder and chairman of an eponymous empire based in the UAE, recounts his experience with distinctive wit and wisdom. “For many, persistence and perseverance are mere concepts,” he says. “They should become compasses instead.”