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Top 8 Tips to make most out of ‘work from home’ on daily basis

Laura Bielecki, Senior Manager – Interior Design at Ellington Properties, leading design-led Dubai developer, offers tips on how to manage remote working on daily basis. First thing in the morning clean and disinfect your workspace. Make sure your phone, keyboard, mouse, desk, chair arms are all clean and ready for the day. Put on some background music, get the room temperature/humidity just the way you like it. Make yourself a serving platter with all the great inspiring and energising items that will get you through your morning. A great coffee or tea in your favourite mug. Have a bowl of a few healthy snacks like almonds, cut fruits or veg nearby. Make yourself a large pitcher of water, consider adding fruits to make it exciting with a glass to refill. Make a list of what you would like to achieve for the day in order of priority. Tackle the hardest, most tedious or items you want to do least first, so you get them out of the way. Make sure you check in with your team and boss daily to ensure the flow of information, expected tasks and deadlines is all understood. Make sure to get up from your chair often, stretch, grab a coffee, check in with your family/friends etc. Choose a certain day or hour for extracurricular learning. This could be in the form of web tutorials, live learning sessions, team brainstorms and so on within your field. Make it a habit. It’s the perfect time to expand your knowledge, new ways of doing things and what other industry professionals have been up to. Find your best time to do fitness. For most, doing a quick 30-minute workout before you start work is the equivalent of a good jolt of caffeine. It will open up your mind, get you focused and feeling fresh. Make it part of your daily routine.

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Top 14 tips to Set up your workspace

Laura Bielecki, Senior Manager – Interior Design at Ellington Properties, leading design-led Dubai developer, offers tips on effective remote working during the coronavirus since not having a well-equipped home office space when people begin remote working can cause a temporary decrease in productivity. Divide your living space into more distinct zones; an office requires a dedicated space, even if it’s only a desk. Avoid using the dining table by day as an office workspace. By creating a dedicated workspace, you will be able to divide personal time from “office” time and find more semblance of weekends, family time. Do not feel the urge to work every waking hour. This will also give a visual cue to your cohabitants that you are in “work-mode”. Place your desk in a comfortable space within your home. Ideally near a window where you can catch a bit of sunlight and see the passing of time. If you have happy houseplants or fresh cut flowers arrange them within view of your desktop/laptop. The liveliness, greenery and fresh scent will keep you going. If you have a good quality office desk chair you are already ahead of most working from home. An ergonomic chair will assist you in getting through long hours without back pain, numb legs or other workplace injuries. Many stores are still delivering if you need to purchase office furniture. Alternatively, check if your company can lend you a chair. As an option, use pillows for below your bottom or your lower back, and a box or books on the floor to get your feet in the right position. A task lamp is a must for achieving optimal working conditions, especially in a home environment. Find a floor or table lamp from somewhere in your home and adapt it to your work scenario. Ideally you want one where you cannot see the light directly in your eyes and is dimmable. There are great options on the market now for dimmable and colour tunable app-based bulbs which can easily turn the mood of any space into ideal conditions for the task at hand. If you have a pinboard, magnet board or even just blank wall space next to your desk, it would be an ideal place to recreate some of your real office space. Pin up schedules, phone numbers, notes etc. along with inspiration and photos of colleagues or office moments. This will keep you quick and tuned in. Stack some books and magazines that you have been meaning to read. Now is the perfect time when you are uninspired or lacking motivation to pick them up and digest new ideas, content and industry learning. Have a blazer on the back of your chair or hanging on the wall next to your space. If you need to pop into a quick web meeting, you can quickly look professional without too much hassle. Think carefully about what is behind you. Will your kids or spouse sneak up on you? Is the background clean and conducive to Zoom/TEAMS meetings? Consider placing your workspace where you have a wall or screen behind you. Possibly a nice bookshelf, art wall, plants etc. Creating a vignette for your calls makes you look professional from home and shows off your style, organisation and status.

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Dubai Real Estate offers best ROI

The world is now a global market in many ways, and it is now as easy to invest in real estate and stocks around the world as it is to buy stocks in your territory. The number of investors worldwide over the past ten years has increased at an exceptional rate. Iconic cities like London, Los Angeles, Hong-Kong, and New York have seen a huge influx of foreign funds as investors around the world were interested in buying real estate in big cities. However, the most critical essence of investing in a real estate business is the expected return over the period where you can enjoy regular income over time. To achieve all the necessary goals, it is required to find the best location that is a centre for tourists and city dwellers, and there must also be a basis for the microeconomics to support the rise in property prices. There are two types of investors — short and long term. Short-term investors mainly aim to profit from the market movement, while long-term investors examine the fundamentals and solidity of the opportunity and profit potential over a long period. For short-term investors, current conditions and market conditions are particularly important. They want to enter the market during a bullfight and leave at maturity. On the contrary, long-term investors do not pay attention to market cycles and observe the return on investments and where they expect to see it in five to ten years or more and the possible capital gain. So is it natural that some investors wonder if this is the right time to invest in the Dubai real estate market or not? Why Dubai? Dubai has been a favorite investment destination for large and small investors since Dubai opened its doors to foreign investors. Global IFNs (wealthy individuals), NRIs (non-resident Indians), and European expatriates and other global players have invested with confidence in the Dubai real estate market. A few events around the world have fueled the interest of investors across the globe in the Dubai real estate market. The UK’s exit from the EU also helped attract global investors to Dubai. Moreover, the Dubai property market is a favorite property investor. In response to the increasing need for investment opportunities in Dubai, the Dubai government is taking important steps to ensure the process is more convenient and always more attractive to investors. With this whole scenario, we have the Dubai World Expo 2020 in October 2020. For the 25 million visitors expected, the demand for housing is incredible, which is driving up the prices and should continue until 2021. How does it compare to other cities? Despite the decline in house prices and rents in recent years, rental income and return on investment in Dubai has more than doubled compared to other major cities in the world, such as London, Paris, and New York. A recent study by the international rating agency Moody’s Investors Service revealed that demand for housing in Dubai should continue to skyrocket thanks to an attractive ROI of 6 to 7%, recorded in the last 12 months. This is a very attractive income compared to other major capitals, such as London, Paris, New York, or Hong Kong, where the average rental income varies between 2 and 3%. Dubai properties regularly offer ROI above 7% on average, which compares favorably to other major cities. Average ROI in Bogota is 6.5%, Montreal 5.0%, Bangkok 4.5%, France 3.0%, New York 2.9%, New York 2.9%, London 2.7% , Singapore 2.5% and Hong Kong 2.4% What makes global investors prefer Dubai to other investment destinations? Dubai is known as one of the best cities in the world in terms of a better return on investment in the real estate sector. The city is way ahead of some cities such as Geneva, Zurich, Hong-Kong, London, and Geneva. Real estate in Dubaiis expected to contribute $ 33 billion by 2020 to Dubai’s growth. This shows the strength of the Dubai real estate market. Dubai offers better monetary value per square meter compared to other urban and semi-urban locations around the world. You will get rental income between 6% and 10% in the residential sector as income depending on the location and other facilities, and in shops, you can get about 7% to 10% of revenue, from here we are specialized. The UAE government offers investors many benefits to encourage more investment. Dubai is one of the safest and safest investment destinations. It has favorable regulations for companies that attract more investors from around the world. Other factors that support this claim includes but not limited to: EXPO 2020 The good news is there is no better time than now for any investor who wants to invest in the real estate market. As Dubai prepares for “Expo 2020”, it is expected to attract more than 30 million visitors during this time, which runs from October 20, 2020, to April 10, 2021. That said, these millions of visitors will look for housing, and as an investor, you should earn extra money during this time. Investing in neighborhoods like Belgravia Square Ellington, which offers everything a potential guest could offer and promises a healthy ROI. The future of the Dubai property market In the current scenario, the Dubai real estate market looks very promising. We can expect positive long-term growth. Real estate prices will increase before EXPO 2020. Current price levels are very attractive to investors. Businesses and individuals making their first entry will benefit from improved growth. The developers offer attractive payment plans and other benefits to profitable investors, which provide additional return on investment. In short, this is the right time to buy a property in Dubai. No Taxes It is also a significant advantage not to pay property taxes on the purchase. Yes, you will have to make the initial payment compared to the initial taxes, but after making these payments, you can save a significant amount of money, as property taxes would be the least concern. Non-Stop Flights

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What To Expect In Dubai In 2020?

The rush for residential properties will reach Dubai’s highest historic level in 2020, which will keep prices and rents under pressure again this year and will attract more cost-conscious buyers due to greater affordability. Property research companies predict that around 50,000 units will arrive in Dubai this year, most of which are due to lost deliveries expected last year. Falling prices and rents are expected to slow down this year as 2020 will be a pivotal year for Dubai’s economy and the housing market. Real estate analysts believe that 2020 will be an essential indicator for determining where the Dubai real estate market currently stands in terms of supply and demand and for determining the direction of prices and rents in the coming years. With around 25 million visitors expected at Expo 2020 Dubai, the wait is now starting to see if short-term visits to the Expo can become long-term residences, which will give a boost to the real estate market. And as we come to the long-awaited year of the Dubai Expo, here are some realistic forecasts from our experts. Rent Will Increase With the commencement of the Expo in 2020, we anticipate a further increase in rents this year and 2021. This is good news for property owners and prospective real estate investors. New Methods Of Rent Payment New forms of rent payment, such as monthly charges, are expected to become the norm by 2020. This is an indication that the technology industry is growing. Another plus for the Dubai economy, and this is also a major reason to invest in Dubai’s real estate. Favorable Ownership Costs With a wide range of deferred payment plans available in the market, the opportunities to buy a property at a low cost will attract end-users who would otherwise pay the rent. According to the Dynamic Monitor index, which tracks property prices in 42 Dubai communities, real estate has become increasingly accessible to a wider segment of the population. Investors and owners are showing interest in buying real estate, a factor that is helping to lift the lowest markets, with November 2019 being one of the most active months of the past decade. A total of about 5,025 sales were recorded with plan registrations, or 60.8%, clearly above the monthly average for the year, 55.4%.  The Healthy Balance Between Supply And Demand Developers will be more pragmatic when launching new projects and help create a healthy balance between supply and demand. It is likely to focus on creating the right kind of offer. This is done in line with the future aspirations of the city and its inhabitants. Buy Off Plan Off-plan property trends, with extremely attractive payment terms, will continue to attract new buyers. More Points With less than eight months to Expo 2020 Dubai, there will be a large flow of tourists, more open hotels, and lively rooms. Dubai is becoming one of the largest demographic markets when it comes to investment, and the real estate sector will have to adapt its strategies and offers to meet the needs of this audience. Support For SMEs And Local Businesses With Dubai’s attention to a greater diversification of the economy, it will create a stable economic environment. When local businesses start to flourish, this will become the basis for making investments in Dubai more productive for everyone. 2020 has been the ideal year to launch these initiatives. How Will The Dubai Property Market Work And What To Expect From It? The Dubai real estate will continue its upward trend. With prices expected to continue growing into 2021 or 2022. The economy can only keep growing, and we are witnessing persistent growth with the supply of property. 10-year residency visa for investors and specialists In 2019, the government of the United Arab Emirates announced a 10-year residency visa for investors, as well as a 100% foreign property offer to businesses in the United Arab Emirates. The 10-year visa is also valid for specialists such as engineers, doctors, and high-level students. This could increase commercial activity and demand for real estate in the coming years. Real Estate Self Transaction (REST) It should be mentioned that the Dubai Land Department has announced that it will create by 2020 a smart digital platform, called Real Estate Self Trading (REST). The goal here is to annihilate the need for paper documentation for rental and sale of properties and help reduce costs for investors, which will help developers move from sophisticated projects to affordable models. The goal is to convert tenants into buyers and create more demand from the middle-income segment of the market. Bottom Line Most likely, the Dubai property market will continue to rise beyond 2020.  There are positive signs, such as rising oil prices, growing interest from Chinese investors, recent policy changes to attract more investment and talent, and developers focusing their pay attention to the more accessible market. That said, for investors who want to invest in real estate in Dubai, our recommendation is to delve into it fast. There are not many better options in Asia, as it currently is in Dubai.

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The growth of Dubai real estate to continue in upcoming years

A little more than a half a century ago, the entirety of Dubai was a desert region and was not comely in any regard. However, with a visionary for a leader, in the person of Sheikh Zayed, there was a peep into the future he saw, and a long term plan was drafted to make this a reality. In addition, within that time frame, Dubai has become one of the most visited places in the world. Its tourism potential has now been harnessed successfully, and as such, it has become a global hub. The most popular tourist attractions being the Burj Al Arab Hotel (now the 3rd tallest hotel in the world, used to be the tallest), the Hatta Heritage Village, Dubai Mall (the largest in the world), and the Deira Clocktower. As the city developed with the ports and infrastructures, the population also experienced an upward climb. More individuals had to be employed to keep the businesses running. From close to half a million in 1990 to almost three million in 2020. It is the most populated emirate in the United Arab Emirates, even more than Abu Dhabi, despite being smaller in terms of landmass. Its population is mostly composed of foreign expatriates who live and work in the city. This rise in the resident population, the economic value of the emirate, and increasing tourists have provided a basis for the real estate industry to thrive upon over the years as well. Currently, Real Estate accounts for between 15% – 20% of Dubai’s gross domestic product (GDP). Expo 2020, scheduled to open in October 2020, brings with it new opportunities. After the announcement in 2013 by the Bureau of International Expositions (BIE), prices of properties in the emirate were on the rise, however, this increased valuation did not last for long. In 2014, the prices plateaued. Prices have indeed nosedived since then, as supply has struggled to meet up with demand. With over 130 countries have registered their interest in participating, and over 20 million visitors expected, it will be an excellent platform for Dubai to showcase itself to the world. The increased global interest and investment is expected to touch every sector of the economy, including The Real Estate Sector and the hospitality industry is no small way. Recently, activities have picked up. Statistics released by Data Finder, the real estate insights and data platform under the Property Finder Group, revealed 5,051 sales were recorded with the Dubai Land Department (DLD) in November 2019, hitting an 11-year high every month. This was in no small way aided by Government’s initiative to set up the Higher Committee for Real Estate Planning, whose aim is to assess the present state of the real estate industry and strategically plan on how to ensure the sector thrives while aligning with Dubai’s long-term objectives. The committee is expected to come up with plans that will enable supply measure up to demand, improve the confidence of investors, and be a harbinger of better days ahead for the industry. Within days of the inauguration of the committee, headed by Sheikh Mohammed, there was a 134 per cent increase in sales transactions. The Government of the United Arab Emirates is also encouraging high-income earners to stay longer in the emirate, which they hope to translate to purchase of homes. This is being carried out by issuing 10-year visas to investors and professionals. The Law passed on joint estate ownership is expected to improve the credibility of the sector, while also aiding investors confidence in the system and protecting the rights of parties involved. Agencies such as Real Estate Regulatory Agency (RERA) and the Dubai Land Department (DLD) have also been empowered to take on more prominent roles. They have been given the responsibilities of overseeing the development, brokerage and management of Dubai property, registering rental contracts and regulating the relationship between property owners and tenants. All geared towards providing a level playing ground and promoting equity. With record-breaking numbers currently being recorded in real estate, the future does indeed look bright. Dubai offers an excellent opportunity for investors to leverage. Favourable regulations and an environment that fosters collaboration between the private and public sector will serve to further business goals while keeping activities in line with Government projections. Expo 2020 will only heighten the world’s attention in this country that has risen from the desert, to become the cynosure of the world.

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What Criteria Determine the Value of Your House?

Knowing the value of your house could be necessary for a variety of reasons: you might want to have the house sold; you might be remortgaging, or you might want to have your home insurance renewed. Like many house owners, you may be clueless about the worth of your house. Alternatively, you may find that your primary issue with house valuation is that its value is highly subjective. Therefore, your confusion lies in knowing the appropriate price to attach to the house without running the risk of overvaluing the house and chasing buyers away or undervaluing the property and running at a loss. To determine the value of your house, some factors/ criteria are necessary. These make it easy to create logical and realistic expectations for the listing and selling of the house. The following are some criteria with which you can efficiently determine the estimated value of your house: Location  This is perhaps the most apparent criteria that affect the value of a house. When appraising the value of a house in terms of its location, three major indicators are utilized. The first is the quality of the schools around the house, another sign of a suitable location is the availability of employment opportunities around the house. Lastly, the proximity of the house to shopping, recreational and entertainment facilities increases the value of a house as long as the location is concerned. In addition, the closeness of the house to highways and public transit can increase its value in the sight of buyers. Properties close to where the residents work and enjoy their leisure time tend to be more expensive than the ones where they do not. Community Activities & Amenities One of the main factors that affect the price of a property is the actual area in which it is located. Properties with better infrastructure resources and modern comfort are more costly than those unable to provide the essential amenities needed in the day to day living of individuals in the community. Moreover, community services and activities, such as community centers, playgrounds, swimming pools, gymnasiums, parking lots or shops in general, play a big role in affecting the price of a property. The valuation of the property is based on the availability of comfortable accommodation needs and facilities. Size and Usable Space The size of a house affects the value, as bigger houses tend to cost more than the smaller counterparts. Usually, the value of a house is roughly estimated in terms of its price per square foot. Along with the sheer size of the house, another essential factor to consider is the availability of usable space bedrooms and bathrooms. The more bedrooms and bathrooms a home has, the higher the possibility of an increase in its total worth. The presence of other spaces, such as garages and parking lots, could also positively affect the value of a house. Age and Condition Usually, houses which are older and comprise much older equipment and utilities appraise much lower than their relatively newer counterparts. This, although, may not be the case of a more former property with historical connections as they tend to be worth more. Condition of the house also matters a lot when trying to determine its worth. Things like the foundation of the house, its structural integrity, electrical and plumbing fixtures if fully functional, increase the value of the house as they would generally need less maintenance, and the buyer would be saving the cost of fixing faulty fixtures. Supply and Demand  The economic forces of supply and demand have significant influences on the value of a house. If the demand is high, but the supply fixed, there will be an increase in the price of houses because more people would attempt to buy off the limited housing resources. If the supply is increased – either by building entirely new houses, or splitting large existing structures into multiple smaller ones – and it exceeds the demand, there will be a decrease in the value of the property. Economic Outlook The state of the economic environment also influences the value of housing properties. If the economy is experiencing strong growth and there are better employment and labor conditions, more people can afford to purchase property, and so, the price of houses increases. On the other hand, if there is weak economic growth, fewer people are inclined to buy houses, leading to a drop in the house value. The Investment Potential The amount of potential that a house presents to investors may also be a tangible influence in the determination of the value of a house. Such factors which include the amount of rental income that a potential investor can expect from the house, as well as an increase in capital that will be enjoyed by the investors, should they later sell the house all have a part to play in determining the worth of the house.  Since you know that it is essential for you to know the worth of a house before you buy or sell it, you can also now determine for yourself if a house is worth the trouble or not by using the above-listed criteria. It is also essential to work with expert real estate agents within your locality who have experience with property evaluation and appraisal.

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101 Real Estate Investment

The real estate sector represents 60% of the world’s leading resources and a large share of all national, corporate, and personal assets. In this regard, real estate investments deserve to be taken into consideration by any person or company looking for asset classes in which to invest part of its capital. What is Real Estate? When people hear the term real estate, some think of land, houses, or other types of buildings and structures. These are real estate components, but they are far from being a complete definition.  In this article we are going to list some other forms of real estate, and also things to consider when examining real estates in Dubai Other Forms of Real Estate to Consider Investing In Rental Yields Real estate in Dubai offers one of the best rental returns in the world, especially in new communities that offer better profits than most major cities in the world. Recent research has shown that properties such as Belgravia, by Ellington Properties offers an average sales price of AED 995/sq.ft., which is 10.31% more compared to Jumeriah Village Circle with AED 902/sq.ft. As for Belgravia’s average rent price, it is set at AED 82.6/sq.ft, which is 28.66% more than Jumeirah Village Circle ( AED 64.2/sq.ft.). Belgravia rental yield currently sits at 8.914%, and its occupancy rate at 90% which is 23.2% more than Jumeirah Village Circle that has a 73.05% occupancy rate. Moreover, Belgravia II offers an average sales price of AED 971.60/sq.ft., which is 7.71% more compared to Jumeriah Village Circle with AED 902/sq.ft. In addition, Belgravia II’s average rent price is AED 88.47/sq.ft., which is 37.8% more than Jumeirah Village Circle of AED 64.2/sq.ft. Belgravia II current occupancy rate is at 97% Vs. 73.05% for Jumeirah Village Circle. The study also found that average rental yields in Dubai are better than in major cities, despite falling prices and sales in recent years. Average rental yield at access points to global properties such as London is 2.7%, Hong Kong 2.4%, New York 2.9%, and Singapore 2.5%, all at a one only low level. While Dubai properties regularly post an average gross profit of over 7%. Capital appreciation Capital appreciation is the rise in the market value of the property compared to the purchase price. In general, buildings located in excellent locations, such as Belgravia and Belgravia II, demonstrate capital appreciation. These are the areas of choice for wealthy professionals who are willing to pay for their decision. Capital appreciation can also be observed in the regenerating regions or with new services offered. In short, the more an asset has, as property, the more likely it is to show capital appreciation. What is the Return on Capital (ROC)? In contrast, the return on capital occurs when an investor receives part of his/her initial investment, and these payments are not considered income or capital gains from the venture. Note that a return on capital reduces the correct cost base for the investor. Once the cost base of the stock is adjusted to zero, any subsequent profits will be taxed as a capital gain. Now that we been able to explain some other forms of real estate to consider investing in real estate Dubai.  Let’s consider some steps in investing in real estate in Dubai Needs versus Wants Before going into real estate, ask yourself: Should I buy a land or a house? Be sure to receive a resounding YES as a response in your head. If you have any doubts, probably because you don’t need it, then consider renting it. If you are still not sure of buying a house, you could also find other forms of real estate listed above. Prepare financially Budgeting is one of the most critical steps in going into real estate. Obtain mortgage financing if necessary and make sure it is approved in advance. It is not a good idea to look for a property before trying to get the required financing needed. Going into real estate is a vital decision, so make sure you are ready emotionally and financially. It is also essential to have a strong motivation to purchase and understand how to look for properties that meet your needs. Know What Matters Make a list of your preferences before you start your goal; determining your preferences will significantly assist the agent in knowing what appropriate options should be offered. After offering you a few options, rank the ones that meet your needs. Buying real estate requires a long process and can be a bit complicated, one way to shorten the process is to plan and organize Get a good real estate consultant Once you’ve established your preferences, it’s time to select the real estate agent who works with you throughout the process, and better understands how the Dubai real estate market works. Please make sure you choose your real estate agent well, as the way they work together will significantly influence your bottom line. No need to rush to select a real estate agent, make sure you two are on the same page. A real estate agent will be of great help throughout the process and will be a great source of information. Do not hesitate to ask all the questions you need to know and to have constant and effective communication to avoid inconvenience. Conduct your research The research will help you understand the reality and will prevent you from having exaggerated fantasies when choosing the real estate of your dreams. It will allow you to set reasonable appraisals and help you to know the market prices. Select a property that fits your budget Limit all the options available and examine all the possibilities offered by the real estate agent and the opportunities for your investigation. Make sure you choose the property that best suits your needs based on your lifestyle, budget, and plans. Avoid making a sudden decision; after all, buying real estate will have a significant impact on your future. Conclusion Before hiring the services of

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Home improvement ideas to increase the value of your apartment

The goal of any real estate investment is to increase value. You want it to be worth more than when you bought it. There are inexpensive ways to add value and more costly and far-reaching reforms that can be accomplished. Some improvements can make your home more pleasing to the eye. Others can increase the usefulness of your home, make it larger, or make it more comfortable for your growing family. Whether you want to build capital or sell at the best price, many residential renovation projects are worth considering. Some of the real estate experts we know have stated that the following projects can deliver maximum performance. Low-cost suggestions There are simple things any homeowner can do to make their property more attractive. While these simple suggestions may not add tens of thousands of dollars to the value of your property, without it, you may not be able to realize the full potential value of your property. These solutions can be performed without resorting to outside help. Although they are inexpensive, they can make a big difference in the appearance of your property. Cleaning: Ensure your property is clean; you will make an immediate profit on the value of your property, which includes the exterior and interior. Waste, dirt, and odors are not attractive features. Paint: You will be surprised at the difference a new coat of paint can make. It can revive a tired space. Neutral colors are universally attractive. Add an outdoor attraction: Some strategically placed floors, a new mailbox, lights, or exterior shutters can make your property more welcoming. Higher costs and potentially higher profitability projects include further upgrades, new vehicle entrances, and the addition of a deck. Replace the accessories: Replace the door handle, the light switch cover, the cabinet handle, or even an appliance. It’s a simple way to breathe new life into space. Organize the property: Assigning a function to each room can add value because many buyers have no imagination. The correct position, size, and quantity of furniture are also crucial. Moderate advice at high costs There are improvements you can make to a property that can cost from medium to large, depending on the size of the renovation and the materials chosen. These updates usually have the potential to add meaningful value to your property: Add architectural details: You can add personality to any dull room by adding a chair or frame. Modify or add windows or doors: It is the most precious asset. Not only does it enhance the beauty of the house, but it can also reduce noise inside the house, which helps to reduce heating and cooling bills and increase natural light inside the home. French doors leading to the courtyard add elegance, open space and allow more light into the property. Skylights can also help illuminate areas that do not have windows or natural light. Correct placement of windows and doors can also help to enhance a beautiful view of your property or to minimize undesirable things like a brick wall or a direct view of a neighbor’s house. Change the flooring: Upgrading the carpet or adding wood or tiles adds value to a property. Reduce noise: People want to feel that their home is an oasis. There are several ways to reduce noise, such as adding insulation, installing double-glazed windows and doors, installing rugs and carpeting to minimize passageways, and planting to absorb more sound. Update a kitchen or bathroom: This includes changing part of the room, but not a complete bowel renewal. You can change the floor or replace the ceilings. In the bathroom, it is possible to replace the toilet, sink, or bathtub. In a kitchen, this may include the purchase of new appliances. Renew a room: This may include the addition of new cabinets, new ceilings, new floors, new light fixtures, new appliances, modern sinks, modern faucets, new furniture handles, new tub, new shower, new bathroom, or even a change in room design. Update the padding: There are many flooring options, and the best type generally depends on the climate and the area in which your property is located. This is an upgrade that will improve the aesthetic appearance of your property and may help you reduce your bills. Create a more functional plan: For example, you can break the wall between the kitchen and the living room. You could rearrange a kitchen to create a more useful space. You could add a bathroom to the master bedroom to create a suite. You can also change the position of two rooms, such as a desk and a dining room, to create better flow at home. You can also take up space from one room to add it to another room, for example, by taking up space in a large living room to create a kitchen. Add more square meters: It doesn’t just mean adding a supplement to the property. It can also mean finishing an unfinished or underground attic to add more space to the property. It can also mean transforming an attached garage into additional space. Bottom Line Although you want to improve your property and increase your value, you must be careful not to overdo it. You don’t want to spend a lot of money on a renovation where you won’t see a return on investment; for example, positioning sophisticated Viking fixtures in a middle-class neighborhood home would be a significant improvement. Before renewing, do some research in your area to find out how much the property will be assessed after the renovation.

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“Life in Belgravia – Episode 1 – A day with Melissa & Miriam”

We are introducing a new monthly series where we showcase the different lifestyles of our residents. This month, we got lucky to spend time with Marjana’s family in Belgravia with her lovely daughters Melissa, 5 years old and Miriam, 2 years old. It was a great pleasure to be invited by Marjana to visit their apartment and meet her lovely daughters who were so fun to be with. The kids were very welcoming and too excited to share their favorite toys with us. So, when we asked their mother about how they are spending time daily, she mentioned that Miriam waits eagerly every day for her elder sister Melissa to come back from school so they can start playing with her favorite unicorn and stuffed animal toys. Since Miriam is the youngest sister and not going to school yet, she loves copying her sister, therefore, she insists on coloring with Melissa so she can learn more about colors and showcase her own creativity. This doesn’t stop here, as when it’s time for Melissa to do her homework, Miriam immediately brings her glittery notebook to cope her sister (even though she can only write her own name at this stage) and of course this can’t be done without playing “Baby shark do-do-do-do” song in the background. For some reason, the song has magic in it because the two sisters could not stay still for too long and ran to dance in front of the TV and jump on their small trampoline. After some fun times indoors, Melissa and Miriam were trying to convince their mother to go downstairs to spend time playing. Melissa was insisting to go to the kids’ play area to meet her friends from the Belgravia Community. While accompanying Melissa and Miriam, we were fascinated by how they were leading us from their apartment, to the elevator, and to the kids’ play area and explaining how they are now familiar with everything in their community. Both sisters had a great time playing with the toys and kids game structures in the play area with some jumping around and teasing each other of course. The latter also didn’t stop when they ran through the green courtyard with their mother forcing her to run with them. It was lovely seeing them laughing and hearing Melissa guiding her younger sister so they can jump on the spun chairs by Majis. The final chapter of this day was the swimming pool, which is their favorite spot in the community. They were very excited to directly jump in the water, but we had to remind them to wear their bathing suits first. And of course, we had to convince Miriam that she is not a professional diver she wanted to jump on the deeper side without her swim ring, thank god we had her mother and the lifeguard there to watch on her. Spending the whole day with Melissa and Miriam was a phenomenal experience as it was great seeing how kids live in Belgravia community and what their daily life is like. They were a true example of what a happy community can be. As Ellington Properties, we are truly customer-centric and our residential projects focus on the elements that serve our residents whether they are adults or kids. Our homes are built to cater to their needs and making every living experience a happy experience. Seeing how our residential project “Belgravia” catered to the needs of Marjana, Melissa and Miriam have made us very proud as team members of Ellington Properties. Through this and the upcoming episodes of Life in Belgravia, we will showcase how crafting beautiful environments for exceptionally high-quality lifestyles is the essence of happy communities.

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Christmas tree at Ellington Properties community in Belgravia II

8 Tips for the best Christmas tree decoration in 2019

It’s the festive season again in Dubai! December is becoming one of the busiest months in Dubai where tourists from different parts of the world come to visit due to the change in weather making it perfect for outdoor activities. In fact, for the past few years, many businesses have been focusing their creativity on festive decorations and promotions making the festive season a fun celebration in Dubai. Since the beginning of December, you can feel the Christmas vibes in different areas around the city such as Christmas markets, lights, and decorations in the streets. This makes the journey of looking for the perfect tree and ornaments very exciting. This year, we were happy to decorate the entrance lobbies in our Jumeirah Village Circle communities of Belgravia, Belgravia II and the recently handed over project of Eaton Place. Take a look at the results for inspiration: Most of us get overwhelmed with all the promotions offered by the shops during this festive season and we tend to rush in getting the decorations. However, making your home décor tie into a Christmas holiday mood is a must to make you feel more “At home” and in tune to celebrate while waiting for Santa Claus on Christmas eve. Our list below will help you to plan the decoration of your tree in one of the most cosmopolitan cities of the Middle East: Accessories: We all know that the whole setup matters, not just the tree, try placing accessories under your trees and be creative with your present wrapping to bring more excitement to your décor and make it worth being instagrammed for! Sustainability: You can be sustainable about your gift wraps for example by considering the use of reusable wrapping like Maska Wraps. Family: Christmas is all about bonding with family and helping others, therefore, try making an experience out of it such as using eco-friendly wrapping papers and making your own ornaments with family members. Some Christmas carol music playing while decorating will put you even more in the mood. Candles: Using candles can be a great addition and they always set a beautiful mood, go festive and have a candlelit Christmas dinner. Outdoor decoration: Festive decoration is not only exclusive to indoors as even an outdoor setting to your front door or porch is an excellent welcome home gesture. Consider a wreath on your door, a festive welcome mat or a series of outdoor LED candles and Christmas lights. Colors: According to the Pantone Color Institute, the color of 2019 is living coral and beautiful accents of fresh and fun color schemes. These colors can be mixed with white, clear and silver décor to have a beautiful fresh color scheme added to your tree. Snow: This year, you may be thinking of softening the dark green look of the tree. If it’s the case, we suggest you consider white or “snow-lined trees” to have a different approach with your ornaments. This will allow you to have a better chance to add ornaments that are more pastel or chrome with springs of floral or lighter foliage to give it a lighter and more tropical twist that can easily match your furniture. Think outside the box: For those who would like to break the normal rule of using the traditional colors of  Christmas such as red, green and gold you can go for a change this year and consider using fresher colors and accessories that you don’t usually tie to Christmas. It’s always nice to leave your own touch to it. Be trendy and wild with your trees this year and make the best memories out of it. We wish you all a great festive season.

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How does investing in real estate work?

For many, real estate investments are unknown territories. Unlike stocks and bonds, often referred to as “traditional assets,” real estate was until recently considered as an “alternative asset” that is historically expensive, difficult to access, and repayable. Directly investing in real estate can be an unknown investment opportunity, however, it does not mean it should be avoided. When properly managed, real estate can be a cost-effective and reliable way to generate substantial short- and long-term benefits. Real estate can create a steady stream of revenue by integrating your portfolio with unique benefits, including upside potential, portfolio diversification, and tax benefits. Despite the apparent benefits, the real estate sector may seem daunting without an obvious starting point. However, it is not necessary. In the course of this piece, we will try to explain the fundamentals of real estate investments, including different ways to start immediately. So, first of all: what is real estate investing? What is a real estate investment? Investing in real estate means buying, owning, renting, or selling land or real estate to earn money. The real estate sector is generally divided into four categories: residential, commercial, industrial, and land. Residential Real Estate: Residential buildings consist of single-family, multi-family, townhouses, and condominiums. Houses with more than four units are generally considered commercial properties. Commercial Properties: Commercial properties are properties used for commercial purposes. Commercial buildings are classified as offices, retail spaces, land, or multi-family dwellings. Some examples of commercial buildings include commercial offices (offices), restaurants (retailers), farmland (earth), and large apartment buildings (multi-family dwellings). Industrial real estate: as their name indicates, these properties have a commercial and industrial vocation. Some examples include transportation depots, warehouses, factories, and power plants. Land: Land is generally composed of undeveloped properties without structures. There are restricted ways to earn money from the land as an investment. In addition to the types of real estate, there are three main ways to make money with real estate investments: interest on loans, appreciation, and rent. Interest on Debt: a mortgage is a contract by which investors lend money to a real estate developer and earn money by paying interest on the capital of the property loan. Investment in debt can provide regular cash flow to an investor. Appreciation: like any property, real estate allows the investor to earn money through the sale of this property. Evaluating or increasing the value of a property over time is the potential gain available to an investor when selling the property. Rent: An investor who owns a property can earn an income by renting this property. Like the income from an investment in debt, rental income can generate regular income. Each category and type of real estate investment has its own set of risks and benefits. Ways to invest in real estate There are diverse methods to invest in real estate with different amounts of money and varying degrees of time, capital, investment horizons, risks, and potential for profitability. Some have an income and a surplus-value; others only earn income. Real estate investment options fall into two main categories: active and passive investments. Here are some ways to invest in real estate, with options ranging from intense efforts to effortless effort. Property Flipping House Transformation: Moving is the most effective and practical way to invest in real estate. In a house change, an investor buys a house, makes alterations and renovations to improve the market value, and resell it at a costlier price. Moving is usually a short-term investment. The more the investor owns a home, without renting it to a tenant, the more his expenses are added. Wholesale: Another option to change the property is wholesale. An investor signs a contract for the purchase of a property whose price, in his opinion, is below market value, then sells it quickly to another investor at a higher price to make a profit. Most of the time, wholesalers look for buildings to renovate and sell them to homes that want to renovate them to add more value to the sale at a higher price. Property for rent Leased properties: Leased properties also require practical management, but unlike housing changes, they have a long-term investment horizon. Any real estate (residential, commercial, or industrial) can be a rental property. Landlords receive regular, usually monthly, cash flow in the form of rent paid by tenants. This can provide investors with a stable and reliable revenue stream, but it also requires a lot of work or delegation of responsibility to ensure smooth operations. Short term rental: Short term rentals allow residents to rent their homes every night, usually as an alternative to a hotel. Short-term rentals are similar to rentals, but are limited to residential properties and are generally only available for short periods. Bottom line The real estate sector has a good reputation. Real estate investments in Dubai offer the potential to generate significant earnings and provide significant diversification to the portfolio. If managed intelligently, it can become a valuable source of cash flow in the investment portfolio. As with any investment, real estate investing requires understanding and assessing the risks and potential benefits before you begin. Depending on how you choose to invest in real estate, you will need different lengths of time, initial capital, knowledge, and patience.

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Is Dubai a good place for real estate investment?

Let’s look at the fundamental reason for buying real estate anywhere in the world. Of all the products you can buy, the real estate sector is the most valuable and one of the most lucrative. To understand if buying a property in Dubai is a good investment or not, I suggest you include the underlying reasons for buying a property anywhere in the world. Of all the products you can buy in cash, Real estate’s are the most valuable and the most profitable. Do you know why? Because due to the growing population of the world, there are few lands to go round, and before someone else buys the portion you love, why not claim it for yourself? Reasons to Invest in Dubai’s Real Estate Cleanliness: Dubai knows how to keep its streets and communities clean. For example, thousands of people use public transport on New Year’s Eve, and everyone is gathered in the center of Dubai to witness the most prominent firework display of the biggest fireworks of the world’s tallest building, also called Burj Khalifa. However, you will not find a single piece of woven paper in the morning on the streets. Familiar neighborhood: Since the beginning of its development, Dubai is a family town. Every neighborhood, community, city in Dubai is well designed and planned. In each city, you will find shopping malls, public parks, entertainment venues, supermarkets, and cinemas nearby. Transport: All major Dubai communities are well connected and covered by the public transport network. The leading suburban service is the Dubai Metro, a driverless metro/train service. Necessary infrastructure: Dubai has an excellent education, health, and leisure facilities. There is a vast network of medical centers, public and private hospitals, and the city also has the best schools and colleges, as well as the significant international universities that have set up their campuses. Security: Dubai is, without a doubt, one of the safest cities in the world. The Dubai police are renowned for their ability to enforce law and order, and, due to strict regulations, Dubai is also far from external threats. Buying a property as a holiday home Vacation homes are a thriving real estate market in Dubai. The preferred destinations are Jumeirah Beach Residence, Palm Jumeirah, Dubai Marina, and Downtown Dubai (Burj Khalifa District). Buying a home in Dubai for holidays has many advantages: No taxes on your property: real estate investors do not pay government taxes on the property. Therefore, the rental of the property is not necessary to cover these expenses and may be available each time you visit Dubai. Get a Resident Visa: One of the several benefits of investing in real estate in Dubai is that you can easily get a resident visa. The value of the property must be 1 million Dh or more to obtain a residence visa in the United Arab Emirates. If you are a regular visitor to Dubai, it is to your advantage to obtain a residence visa because it allows unlimited entry and exit from the UAE until the expiry date. The permit may be renewed upon expiry. Sunny all year round: The climate of Dubai is sunny all year round with some rainy days. The sunny beaches of Dubai are generally within walking distance from your property and are an excellent source of entertainment. Beautiful Sceneries: Dubai is home to the world’s largest mall (Dubai Mall) and the tallest building (Burj Khalifa), as well as many other attractions. The city also has a vibrant nightlife. Buy a property as an investment This is the main reason why people buy a property in Dubai or elsewhere in the world. The purchase of a real estate in Dubai is a guarantee of the future. This is the best way to keep your funds and allow them to grow while enjoying the benefits of annual income if you choose to rent your property. These are the factors that justify Dubai as an opportunity for real estate investments: Dubai offers higher returns: none of the major cities (London, New York, Hong Kong, Singapore) are close to Dubai’s leasing services. Also, the Global Property Guide reported that Hong Kong offers a return on investment of only 2.82%. Singapore has an average rental income of 2.83%, London ranks third with a rental income of 3.21%, and New York has an average rental income of 3.91%. Dubai is the number one with an average conservative rental income of 5.82%. In some areas of Dubai, rental income exceeds 10%. Buildings in Dubai cost less: compared to other world capitals, Dubai is much cheaper. According to a study by Global Property Guide, London costs $ 2,208 per square; Hong Kong is second at $ 2,119 per square, New York is third at $ 1,719 per square, followed by Singapore at $ 1,417 per square. The average price of a property in Dubai is only $ 468 per square foot, which is six times less than in London. No property tax: The nonexistence of property tax is the main advantage of buying a property in Dubai. Suppose you have $ 200,000 to invest in real estate. If I had to buy a property in Hong Kong, the rate would be 15% on the purchase price, 13% in Singapore, 2.33% in London, and 2.21% in New York. Conclusion Is buying property in Dubai a good investment? All the points listed above indicate only one possible answer to this question, and the answer is a big YES!

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Benefits of Owning a House in Belgravia Square Ellington

Belgravia Square is a high-end, contemporary residential development located in Jumeirah Village Circle. Founded in 2014, Ellington is committed to creating beautiful environments for high-quality lifestyles. Inspired by art and reflecting the aspirations of their owners, Ellington’s residences are both classic and contemporary. Ellington’s current projects include luxury residences and multifamily communities in Dubai and are located in Dubai’s prestigious downtown, at Mohammed Bin Rashid City, Emirates Hills, Palm Jumeirah, or Jumeirah Village Circle. The United Arab Emirates will become one of the world’s leading real estate investment countries, with Ellington offering a wide range of residential projects in the city’s central neighborhoods. Ellington’s unique design, the quality of its world-class buildings, and the diversity of its offerings will inspire young public servants to buy a dream home that lives up to their aspirations. Other properties in Ellington’s portfolio include the well-known Belgravia Square Ellington Market, launched late last year; Belgravia Square Ellington II, recently delivered; and Belgravia Square Ellington Heights II, launched in June 2018. Ellington’s development portfolio includes DT1, located very close to downtown Dubai and Business Bay, and expected to be delivered later this year. Benefits Of Owning A Home In Belgravia Square Ellington -BelgraviaSquare Ellington is established in the much-loved tourist destination, Jumeirah Village Circle, United Arab Emirates. -It’s a range of captivating architectural history, relaxing green streets, and styles. -This is a neighborhood recognized to young people as Jumeirah, which means “beautiful” when translated. It also stands out because of its incredible record and current nature. -Belgravia Square Ellington is one of the newest and modern establishments, ranging from main structures to main routes for ease of movement. -This exceptional residential project is in high demand in the real estate division, as the apartments for sale in Belgravia Square Ellington stand out absolutely. -It gives harmony to the occupier; recognizes the truth that buying a property in Dubai is not at all times easy in person and thus guarantees the highest quality of construction for each dwelling. -Belgravia Square Ellington is one of the projects offering quality, soothe, assurance, peace, and much more. -The Belgravia Square Ellington apartments for sale will not only offer the feeling of a relaxed and contented lifestyle and a comfortable property, but they are considered to be developed to make an impact on those looking for properties in Belgravia Square Ellington. -Houses owned in Belgravia Square Ellington are mostly apartments configured as 1, 2, and 3 bedroom residences, depending on the requirements of the population; because the flats for sale in Belgravia Square Ellington have diverse sizes. WHY BUY AN APARTMENT IN BELGRAVIA SQUARE ELLINGTON? The apartments in Belgravia Square Ellington are designed to be contemporary and typical; furthermore, it will undoubtedly present residents with quietness in the heart of the emirate. Belgravia is surrounded by Al Khail Road and Emirates public road and a short drive from downtown Dubai, Marina, and JL, Belgravia Square Ellington is perfectly positioned, particularly for those who need to travel frequently.  It comes with modern units, two and three bedrooms extend over a landscaped region; different services and facilities complement the apartments for sale in Belgravia Square Ellington. The community includes a swimming pool, a recreational area, sports fields, parks, and schools. Each fantastic home has been independently considered and represents a developed balance between classic style and ultramodern design. By getting an apartment in Belgravia Square Ellington, you will benefit from the property. It is the perfect place for expatriates and person families, workers, and young professionals searching for free housing, with all the features desired for comfortable accommodation.  Bottom – Line Ellington Properties was founded in 2014, one of the foremost real estate developers in Dubai. Ellington Residences are typical yet new. Ellington developers are very much monitoring the building of magnificence homes in Dubai, running closely with design and architecture teams from start to finish. Ellington developers are real estate developers who offer delivery guarantees and believe customer responsibility, a long-term commitment. Existing real estate developments at Ellington in Dubai consist of luxury residences and multifamily communities in Dubai, situated in the prominent MBR City, Downtown Dubai, Palm Jumeirah, and Jumeirah Village Circle.

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How To Increase Your Home Value With Smart Renovations

Increasing the value of your home is easier than you think. Investing in some smart home technologies can quickly increase the value of your home without the expense of a significant renovation. If you’ve bought a home in Dubai or lived there for a while, the fastest way to increase the marketability of your home is to make a plan to improve your home value. It is best if the upgrades are done intentionally and not on a whim. Residential renovation projects in Dubai cost between 20 and 25 cents per dollar. The remaining 75 to 80 cents go directly to the house for a more substantial sum. Start slowly. It’s a marathon, not a race. If your house is new, you know it. If you have been there for a while, you also know it. Itemize the stuff you want to change and the upgrades you want to make. Do not worry about the organization; write it all. If you consider selling, talk to your real estate agent, and make a sales plan. Go through the list and estimate how much it can cost, including time and money. Be realistic; it’s good to include renovating an outdoor waterfall pool but consider your financial situation. Once you have the list listed, take a look, and prioritize what “real” is and what is not. See if you can get away with a reasonable balance. Tackle a room at a time How can you channel those new ideas while still being smart at making these improvements? Commit to approaching a room at a time. Whether it’s a dull coat of paint or the destruction of a wall, when you approach one room at a time, projects are underway. Make a list of everything you dream of doing, divide the list into cost categories, and note how much time each project can take. It helps you achieve results. Always choose a plan that fits your schedule, comfort level, and financial commitment. Small improvements could be worth it in the long run Are you divided between improving the decor and improving what you know to increase the resale value of your home? Many homeowners are surprised to learn that doing a bit of both is well worth it. Upgrades to your home can include replacing permanent lighting, old faucets, and doors. The improvements should consist of furniture, works of art, and window treatments. If you have much on upgrades, you may be able to make minor changes in the next few months. Update some electrical outlets or buy a small lamp. Follow a monthly update, and you’ll be happy with what you see. Curb appeal counts Want a new perspective on the value of your home? Cross the street, turn around and ask yourself, “Does my house look attractive, welcoming, and structurally sound at first sight? Make a list of ways to improve the positive and eliminate the negative. If you have a beautifully curved footbridge, highlight it with flowers. If the first thing a visitor comes in contact with is a long walkway or a big full garage, try adding some aesthetics to the sidewalk or the parking to make it look different and beautiful. These little things add value. Take a photo and look at your house in black and white. When the color is removed, the truth is revealed. There you see the cracks in the walls and the apparent flaws. Keep things clean and tidy. Talk to your neighbors because it concerns them too. Your home will be valuable if you live in a place where everyone pays close attention to the look. Upgrade your kitchen Ask any real estate expert in Dubai what the best and most significant upgrade is as regards home renovations, and the answer will be your kitchen. Perform a mini restyling. Change the painting. This sounds simple, but it works. You can even paint a faux wood finish on your cabinets: it looks like cherry. Add some color with a new splash design. The new tile is attractive.  Go all out for stainless steel:  Turns the kitchen into a wavy island. Hang a shelf with new pots, pans, and bottle racks. With the corrugated island, your kitchen will attract the attention of buyers. You can bring some of these things into your new home. Renovate your bathroom. From every room in the house, the bathroom is the workhorse. There is a lot of wear; therefore, you should continue to work hard and make exciting improvements throughout the upgrade process. Concentrate on your achievements. Bathrooms are no longer utilities. People like to feel relaxed, like in a spa. The sinks are old news, and people like the new under-mouth sinks. Go with granite or marble with your counters. If you’re joking with the idea of ​​granite, the bathroom counter is probably smaller than the kitchen counter and cheaper.  Combine superior lighting for wall mounts to bring warmth and value to your bathroom. Make sure you have uniform illumination around the mirror, without shadows. Heated floors attract buyers like bees. Update your bathroom space. At 85% efficiency, install a body aerosol shower and stone tile. If you do not want to sell immediately, you’ll feel like you’re in one of the most beautiful places in Dubai every time you enter the bathroom. Keep it clean.  High insulation for energy efficiency If your home lacks essential insulation and has old doors that allow a lot of hot and cold air, home inspectors who work with potential buyers will include it in their reports. Homes that have not been modified for energy efficiency are more expensive to live and maintain. Upgrading your home to save energy should not be very expensive and can make your home more attractive to potential buyers.  Bottom Line It cost little to increase your home value with smart revocations if you apply some of these techniques mentioned above. Dubai is known as one of the best places to live in / own real

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Expo 2020

The impact of expo 2020 on the UAE economy and the real estate sector

Expo 2020, which promises to boost economic growth in Dubai is already a reality, with a good year before the opening of this world-class event in the city. The economic impact of the event, envisaged by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Prime Minister and Vice President of the UAE, and Governor of Dubai has already been tested in different sectors. Dubai real estate sector is booming as more and more professionals and specialists are employed in the city to support preparatory work and all key sectors such as air transport, tourism, hospitality, retail, logistics, and services. Finances are prepared with investments, which further stimulates the economy. With the support of new initiatives, such as long-term professional visas and 100% commercial real estate, the real estate sector is already attracting incredible interest from international investors. While Expo 2020 Dubai will contribute to the economy by hosting more than 25 million people, including over 70% international visitors, during this six-month event, the impact will be far-reaching. Expo Dubai 2020 will focus mainly on Dubai’s investment sector as it will highlight the opportunities offered by the city and inspire visitors to explore the further potential Dubai has to offer during and after the exhibition. With its central location, world-class infrastructure, and the highest security standards, Dubai is ready to amaze visitors by attracting more professionals and business people to the city. The positive influence of the event will enter the economy, stimulating the growth of all key sectors and thus contributing to the competitiveness and attractiveness of Dubai, which is one of the most sought-after destinations in the world. There is euphoria that Expo 2020 will open gold doors for many. These are some of the sectors that will benefit hugely from Expo 2020 Real estate Dubai is already considered a haven because of its beautiful location and tourist attractions. With the return to Expo 2020, Dubai will offer the luxury of tourists in search of accommodation. 71% of the 25 million visitors expected at Expo 2020 will be non-national visitors. These figures show that there will be several increases in the real estate sector, which is a good sign since even though prices have risen since the third quarter of 2011, they are still 45% lower than the charts as compared to 2008. This is a chance for real estate developers to contribute to Dubai’s future positively. Economy Twenty-five million visitors to Dubai at Expo 2020 are expected to join Dubai’s economic lists. The Emirates stock index rose by 4% shortly after winning the bid at Expo 2020. For the first time since 2008, Dubai’s economy index has exceeded 3,000 points. And this is only the beginning. With the growth of hotel activities, transportation, communications, catering, and facilities needed to host Expo 2020, Dubai’s economy will be a strong point. Work stopped due to years of recession will end, as the economy will have enough resources to recover from the epidemic fully. More flights to Dubai, more tourism, more retail outlets, and more transportation will drive GDP growth, which will promote economic stability that Dubai has been starving since 2008. According to the Barclays report, in 2010, Dubai’s GDP will grow by 10.5%. Infrastructure The World Expo provides a quick guide to the infrastructure of the host city. Shanghai, China, host of the Expo 2010, has invested about 40 billion dollars in its development, which has necessitated the creation of 6 additional subway lines, roads, tunnels, bridges, and screws. Dubai Expo 2020 will have the same impact on its infrastructure. Ahmed bin Saeed Al Maktoum, a top financial leader, said at least $ 8 billion would be needed for the creation of Expo 2020. Jebel Ali, the host site of Expo 2020, is a 480-hectare space that will require new roads, subway extensions, buildings, hotels, and tourist facilities. The Standard Chartered relationship in Dubai will drive its spending towards the growth of the city. It is expected that the capital expenditure will be used to develop infrastructure at the city level that is not yet planned and in the neighboring exhibition area, such as the extension of the red line to Dubai. Labor market Expo 2020 will boost the labor market, as it will need more hands for all new construction projects, more tourism and more transportation. The MEED reports have so far forecast the creation of 277,000 jobs at Expo 2020, of which 40% will be in the tourism, travel and leisure sectors. The real estate sector will occupy the rest of the percentage of work. A new wave of enthusiasm follows the sector of employees, who expect to pay better or at least get a bonus due on the next road. Media The media is now in place to research every little detail about Expo 2020. It is expected that the word “Expo 2020” will be the most used keyword in the years to come. The media impact is just as significant. Almost all sites will have articles, news, reports, and quotes related to Expo 2020. Where there is an exhibition, there are celebrities, which bring us to the fact that Dubai will accommodate more personalities because they will be interested in a family visit or an entertainment activity. This participation of the media at Expo 2020 will bring a new topic of discussion and a new spark of enthusiasm. Soon there will be concerts, dance shows, and new media. Final Words The Expo 2020 will boost the economy of the city, most notably the real estate sector in Dubai. Several guests are expected during the Expo, this, in turn, will rob off significantly on the all economy of Dubai. Indeed, better times are here for Dubai.

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