Foreign investors intend to develop the Dubai real estate market

According to reports, foreign investors, end users and District 2020 will continue to drive the growth of Dubai's real estate sector this year, as the emirate offers real estate buyers a fulfilling lifestyle with excellent infrastructure.

It became known that about 82% of mortgages in the UAE last year were issued to buyers for the first time, and they are ready to live in the property. UAE residents made up the majority of borrowers (94%), while 90% of borrowers chose a fixed-rate mortgage.

Another report says Dubai's real estate sector is expected to continue to grow after Expo-2020 as foreign investors return to the market to capitalize on investment opportunities in the emirate.