Coronavirus and Real Estate - An Expert View

March 19, 2020

With the continuing spread of coronavirus worldwide, there is growing concern over how various business sectors will cope with the impact. We have already seen the aviation, entertainment and hospitality industries taking massive hits and the stock market is experiencing huge volatility. What happens to the Dubai real estate market during an unprecedented time like this?

 

Our Managing Director Andrew Cummings was interviewed by DubaiEye, the leading radio station for business news in the city, and he put forth his take on the current situation. He acknowledges that the market will suffer some setbacks over the next few months, but the prognosis isn’t completely grim.

 

Click below to listen to the full interview. Should you have any questions regarding real estate in Dubai or concerns about the way forward with your own property, please contact us. We are keeping an eye on every happening in the market and are ready to provide you with comprehensive advice on all of your property-related issues.