Analysis of the factors that cause a rise in property price by Hamad Al Wazzan

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Hamad AL Wazzan | Gulf cities back to pre-pandemic numbers by 2024!

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Due to the temporarily limited international and domestic migration caused by the Covid-19 pandemic, the real estate market is forecast to return to pre-pandemic levels by 2024 with Dubai, Abu Dhabi and Kuwait City mostly set to benefit from this property interest surge, according to real estate expert Hamad AlWazzan. ¨Gulf cities are the Middle East's mobility leaders, each with net migration rates projected to exceed 8 percent over the next five years. The continued economic growth in the Middle East has allowed key markets such as the UAE, Saudi Arabia, and Kuwait to focus their efforts on improving their residential and commercial infrastructure, which has been greatly aided by government initiatives such as Dubai's Vision 2040 and Abu Dhabi's Vision 2030¨, explained Hamad AlWazzan. He believes that this has increased investor interest in the region. ¨Restrictions have been lifted and daily consumer activity has resumed, the increased availability of retail and leis
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Hamad AlWazzan - Advise To Investment in Your Property

About us Hamad AlWazzan is one among the leading real estate in Dubai that has been found out to supply fast and reliable land services everywhere the town. We are a corporation handling investment consultancy, leasing, and sale of properties directly from the leading developers. We provide property management service to our clients. We provide our clients with an impressive representative on in every deal done. We use proactive marketing and brokerage techniques that are necessary to navigate today's challenging real estate environment. Our team comprises highly skilled land consultants who have an in-depth knowledge about the continued market status of the properties and its emerging market trends. We work 24/7 and that we perform our tasks honest, friendly, flexible, patient and are persuasive with clients. We are confident and self-disciplined, optimistic, and constantly striving for excellent Mission: We Get It Done We are specialized in the Villa, Millennium Estate &a
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Hamad Al Wazzan | The market frenzy is cooling down

  The pandemic created a frantic real estate market in much of the United States that has yet to let up, with demand for housing still outpacing the number of homes coming on the market.  “For the last two years, sellers had a heavy upper hand in most of the country, however things are about to change”, says Hamad Al Wazzan, a real estate expert.   He says that the market has started to cool off a bit In the summer of 2021.   “I believe that this a sign that the wild price appreciations of the past year may have scared off some buyers who prefer to wait until things calm down, to stay put or to continue renting. There’s a lot of buyer sticker shock, people who are a little more investment oriented or who maybe already own a home have pulled back” added Hamad AlWazzan “If prices have gone up 20 percent and then dip 2 percent, it’s not the end of the world. It may also signal the return to a normal seasonal dip with many schools back in-person and delayed summer vacations finally und
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