Leading real estate industry experts discussed the generational reach of residential property investments during the ‘Experts Talk Show’ webinar organised by Dubai developer Falconcity of Wonders.
The third edition of ‘Experts Talk Show,’ held yesterday (June 9) featured leading real estate industry specialists who spoke on the topic 'Residential Property: An Investment for Generations.'
This comes following the success of the last two events.
The webinar saw key speakers sharing their leading experiences in real estate investments and providing expert advice on various key points, including the value of home investments, why they cost less, and how they yield higher returns while safeguarding investors from uncertainties.
It was led by Alharith Almoosa, Vice Chairman, Falconcity of Wonders; Mohanad Alwadiya, CEO of Harbor Real Estate; Firas Al Msaddi, CEO of FAM Properties; and economic affairs researcher Jassim Al Bastaki, who moderated the session.
Commenting on the webinar, Almoosa said: "The value of real estate investments, especially in residential properties, has been rarely discussed in terms of generational reach. The event was a great opportunity to discover further and better understand the impact of long-term investments in residential properties, considering that Dubai’s property market in this segment has maintained a stable growth despite several economic fluctuations."
"The emirate’s property sector has continued to maintain its attractiveness and high investment value, given the high return on investments, no tax on property, great locations, and availability of competitive prices," it stated.
In his comments, Alwadiya said: "Dubai’s residential property market has gained a worldwide reputation for its exceptional rental yields and this continues to be the case with the constant support of the Dubai Government, which has ratified new laws to maintain market resilience and continue to attract investors."
"Residential properties are an ideal investment area for the future, especially if there is a sound rental investment portfolio that could provide passive income source," he stated.
Al Msaddi pointed out that real estate investments, in particular the residential segment in Dubai, continues to attract solid investor interest - thanks to all-time low prices of properties and cheap interest rates.
Added to this is the funding from banks of up to 85%, which has led to many smart real estate buyers splash into the Dubai property scene today, he stated.
"With the current global sentiment, investors recognize the need to invest in tangible secured assets that generate passive income as it becomes the new safe investment heaven, when done right," he added.
Al Bastaki said: "The webinar’s featured real estate specialists are renowned for their deep knowledge of the regional industry and extensive experience in the field."
"We are confident that our listeners had gained new insights and analyses that are highly relevant to the current situation, which will enable them to explore the current property landscape in Dubai and take advantage of present opportunities," he added.-TradeArabia News Service