Al Ruwad Real Estate, a company specialised in real estate marketing and consultancy in Dubai, emphasised the importance of smart real estate investments in the UAE during an awareness-raising session organised virtually by the Innovation Experts Real Estate Institution (IEREI) recently

 

The event held via remote video conference, was attended by a large number of real estate experts and stakeholders.

 

Founder and CEO Ismail Al Hammadi shed light on the importance of smart real estate investments, highlighting the multitude of trends and forms of investments in current times. 

 

"It is crucial to make all forms of real estate investments available to everyone, so that individuals can start easily with a small budget and then expand their investment to profit gradually, pointing out that it depends on willingness to invest, having the necessary knowledge of challenges, and being ready to overcome them," he stated.

 

Al Hammadi said: "Smart investment means finding the suitable real estate property to maintain capital value with the capacity to double in the future, while assessing market conditions carefully to select the right investment in a timely and systematic manner."

 

He also stressed the necessity of being fully aware of resources and long-term and short-term objectives, coming up with a clear assessment of each individual’s risk tolerance, and projecting an approximate return on the investment.

 

Expanding on the subject of real estate future market orientation, Al Hammadi emphasized that the Emirati real estate market is seeing new trends that investors need to be aware of in order to keep pace with the future. 

 

The most important of these are alternative categories that are now under demand, which call for a change in the pattern of real estate units on the market and dictate a move towards an increase in asset management and a new formulation of residential complexes and hotel units, he stated.

 

There is also increased demand for green spaces, a general attention to individuals’ wellbeing with the urban renewal of residential areas, and the adoption of digital solutions in the move to building smarter homes, he added.

 

The virtual session also touched on the success factors of real estate investments, which include the area and general field of the investment, the location of the property, the view around it, the population distribution in the neighborhood, the reputation of the developer, the general status of the economy, accessibility, real estate prices in the area, facilities, luxuries and future market orientation.-TradeArabia News Service