While last year’s coronavirus lockdown in the UAE led to drop in demand for real estate across the country, there are signs the market is recovering, particularly in popular areas and for higher-end homes.
Some residents are hunting for properties with gardens or more space as the work-from-home trend continues, while demand for short-term rentals is also on the up.
However, the idea of investing in real estate might seem a little risky for some when you consider the world is only just emerging from the pandemic.
So, what alternatives are there for investors that want a slice of the real estate market without saving up a huge deposit? Are UAE property prices really on the rise? And, what other global markets should you consider investing in now?
Host Alice Haine from The National is joined by Siddiq Farid, the founder and chief executive of SmartCrowd, a digital real estate investment platform that allows investors to crowdfund their property purchase.
Listen to last week's episode to find out more about financial feminism and why it matters
GAC GS8 Specs
Engine: 2.0-litre 4cyl turbo
Power: 248hp at 5,200rpm
Torque: 400Nm at 1,750-4,000rpm
Transmission: 8-speed auto
Fuel consumption: 9.1L/100km
On sale: Now
Price: From Dh149,900
UAE currency: the story behind the money in your pockets
Overview
What: The Arab Women’s Sports Tournament is a biennial multisport event exclusively for Arab women athletes.
When: From Sunday, February 2, to Wednesday, February 12.
Where: At 13 different centres across Sharjah.
Disciplines: Athletics, archery, basketball, fencing, Karate, table tennis, shooting (rifle and pistol), show jumping and volleyball.
Participating countries: Algeria, Bahrain, Comoros, Egypt, Iraq, Jordan, Kuwait, Lebanon, Libya, Morocco, Oman, Palestine, Saudi Arabia, Sudan, Syria, Tunisia, Qatar and UAE.
How to watch Ireland v Pakistan in UAE
When: The one-off Test starts on Friday, May 11
What time: Each day’s play is scheduled to start at 2pm UAE time.
TV: The match will be broadcast on OSN Sports Cricket HD. Subscribers to the channel can also stream the action live on OSN Play.
