The real estate sector in the UAE has evolved at a rapid speed and it is a testament to the ambitious vision of its founding fathers. Over the past decade, the property sector has undergone rapid transformation, making it the preferred haven for investors on the global map. This unprecedented development of the UAE has cemented its position as a magnet for future investments.
The supply of real estate has reached ‘historic levels’ in 2021 according to real estate consultancy Knight Frank. 83,000 residential units will be available this year, up from 35,808 in 2020, the firm said. This excess of supply is an indicator of untapped growth opportunities for real estate evangelizers.