Investing in property is one of the smartest financial decisions. 2020 has been a defining year for all industries. Currently, we are seeing a price range resembling that of 2012-13. Therefore, we can expect a price boom within the next few years. And as John Templeton famously said, the time of maximum pessimism is the best time to buy.

That said, according to Property Monitor, over 6,200 apartments and over 800 villas/townhouses were handed over in Dubai during Q1 2020. This is probably the best time to make a purchase in the property market. With the fall in prices within budget for most, the long-term UAE residency visa schemes and the 15 zones that have opened up to foreign buyers, these factors are expected to act as a tailwind for the real estate market hereon.