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In March 2020, the pandemic hit, and the world as we knew it changed overnight. Understandably, companies turned their attention to keeping their businesses alive and their employees safe.

After a brief amount of time for the world to take stock of the impact of the Corona virus, the worlds property markets saw a big uplift in terms of activity, transactions and price growth. But our most recent surveys show that lack of stock may start influencing decisions, along with signs of a return to city living.

Throughout the pandemic there was a trend of buyers wanting more outdoor space and their ‘own home’ with its own front door and garden. As the effects of the pandemic subside there is now a move back to apartment living and those apartments with a water view are of particular interest.

So now is the time to set the reset button. It’s unlikely that we will ever go back to normal but there are benefits to the new normal. For anyone that owns property, the market growth of five years has taken place in a year!

The last 18 months have taught us a few things. Here’s what I learned from this experience. There will be times in our lives that we cannot control every thing that is going on. There are such things as second chances. We all need to keep moving forward no matter what life throws at us…otherwise we will fall behind!

Everyone wants to have a great life but they are not sure how to make it happen. They don’t quite know how to get there and they think it will take time to get to this place. Now may be that time to get out of your comfort zone and do something that can pay off handsomely.

Selling a property can give you that better way of life. A chance to invest in yourself. A chance to enjoy more time outside of your work having more fun. An investment in a hobby, a dream trip abroad. Releasing equity that has been stored in the property for the last 10 years waiting for the right time to sell. Well now could be that time.

Reasons to sell

  • Prices have increased over the last 18 months and are unlikely to increase much more in 2022
  • The Bank of England and the US Federal Reserve are likely to increase interest rates this year leading to an increase in borrowing.
  • Demand is high.
  • You are nearing retirement.
  • You’re tired of the upkeep of a property and it is getting too expensive to maintain.

I have had a career in real estate for 25 years. 15 years in the London property market before moving to the Dubai real estate market 10 years ago, I say this not to impress you, but to impress upon you how working with an experienced real estate professional can help you realise the benefits of your property investments. An experienced real estate agent can:-

  1. Advise you on the course to take when planning a property sale (or purchase).
  2. Help you make decisions faster.
  3. Be a sounding board for your property decision making.
  4. Provide you with market updates.
  5. Save you time and money.
  6. Help you achieve your goals sooner and help you set new goals.
  7. Support you in every aspect of property.
  8. Identify ways to exploit the strengths of your property portfolio.
  9. Provide an outside perspective.
  10. Guide you through the Dubai and U.K. property laws and regulations.

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