In Dubai, the majority of real estate offered since the beginning of the Covid-19 pandemic is presented through two categories: for personal residence and for investments.
One of the reasons for this is that residents currently prefer to live with their own territory instead of in apartments in high-rise buildings. Many families prefer to live in spacious villas with gardens and basements to ensure a safe and comfortable living for themselves and their loved ones.
Luxury villas for investments have become popular among investors, as they offer a good passive income. Many people view the acquisition of villas as a prospective investment asset, seeing it as income from rental, as well as the chance of future resale.
"The pandemic has changed people's preferences and priorities in the housing aspect. Villas have become a more sought-after type of real estate due to their privacy and space," note experts in the real estate field.
