It is worth noting that Expo 2020 has not only revived the tourist sector, but it has also become one of the major driving forces behind the growth of the Dubai real estate market
, with 2021 being the best year in terms of property sales since 2009. In fact, according to Georges El Hachem, Director of Commercial at Select Group, about 70 - 80% of individuals coming to Dubai are first-time visitors, and they are astonished by the security, growth and commuting system, among other aspects, which is fueling the urge for them to consider relocating and investing in the city. Based on the trends of last year (2021), the Reuters survey of real estate analysts’ views, which included 11 specialists, shows that residential property prices are expected to rise by 5%
, amidst the introduction of new visa types, business incentives, inflow of investors and general affordability.