The discovery of a new coronavirus variant has led to new travel rules and regulations along with novel restrictions to be imposed yet, which means that the world’s best economic sectors are expected to get affected. However, several realty markets across the globe performed well under pandemic and global lockdown circumstances including the UK and UAE – due to initiatives taken at the government level.
With the imminent threat of the Omicron variant, though the countries have started buckling, yet the realty markets are expected to perform optimally due to preventive measures and caution. If we talk about Dubai property market and its performance in the last few months, experts are sure that property prices will continue to increase in 2022.