The ‘Experts Talk Show’ webinar series, sponsored by Falconcity of Wonders LL.C., has recently hosted its third episode which features leading real estate industry specialists on the topic ‘Residential Property: An Investment for Generations.’ 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 webinar 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.”
Following the success of the last two editions of ‘Experts Talk Show,’ the latest forum took place on June 9, 2020 with 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.
Alwadiya added: “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.”
For his part, Al Msaddi said: “Real Estate investment in particular in the residential segment remains to attract a solid interest in Dubai. With all-time price low, all-time interest low and banks funding real estate buyers up to 85%, many smart real estate buyers recognize the enormous benefits of entering the market today. 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.”
Al Bastaki concluded: “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.”
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