How Dubai’s Private Developers Are Preparing Property For The Post-Covid Era

How Dubai’s Private Developers Are Preparing Property
For The Post-Covid Era
The COVID-19 pandemic has wreaked havoc on public health and finances around the
world, and the United Arab Emirates (UAE) has certainly not escaped the impact of
the virus. However, as the country’s businesses emerge from lockdown, Dubai
property developers have their eye on the future.
To this end, the city’s private developers who have cash in hand for their previously
announced property projects are, by and large, sticking with their original launch
schedules. This is intended to prevent development activity from abruptly halting as
it did in the market’s 2009 downturn.
What will the Dubai property market look like after the coronavirus crisis?
In the aftermath of the worldwide credit crunch that took hold in 2008, several
developers put the brakes on property projects that had only recently started
construction or had yet to do so. This time around, though, developers are
determined not to hold up projects in the same way.
One property development CEO, Mohammad Saeed Al Shehhi, confirmed to Gulf
News that his business would “maintain a steady pace” on projects currently in
concept mode. His firm is currently busy with two specific initiatives: the “Hive Coliv”
and a non-freehold on Al Wasl Road.
The former is scheduled for construction from mid-2021 and will be targeted at
younger buyers. The non-freehold, meanwhile, “consists of residential units but also
has a retail element,” said Al Shehhi, adding that his team was set to break ground
on the project in 2020’s fourth quarter.
The importance of caution as lockdown is unlocked

Ultimately, the Dubai property market – like the wider world – is remaining tentative
as the threat of COVID-19 slowly fades. Al Shehhi has pledged to “monitor the
situation”, adding: “We will also be guided by further directives, if any, from
government or regulator”.
Here at Renovo, we have the expertise to reassure you about the hygiene and safety
of your own residential or commercial Property Valuation Dubai as lockdown
restrictions are steadily lifted.
Our cleaning services in Dubai, for instance, are extensive and include diligently
sanitising homes, air-conditioning units and water tanks. We know that hygiene – and
the dedication to maintain it – is especially important at this time.
So, why not enquire to our facilities management and property maintenance team
today about how we can help to ensure your property is in the best possible shape
for the brave new post-COVID-19 era?