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EXPO 2020 DUBAI

What is an Expo event?

It is a global event for millions of people to share ideas, showcase their innovation, encourage collaboration, promoting progress and celebrating human ingenuity. The Great Exhibition of the Works of Industry of All Nations or The Great Exhibition was the first expo event of the world which was that took place in Hyde Park, London, from 1 May to 15 October 1851.

 

Some of the most amazing inventions brought to the Expo in the recent years include  Telegraph in London in 1851, the typewriter in Philadelphia in 1876, The Ferris Wheel in1893 in Chicago, the diesel engine in Paris in 1900, the colour TV in New York in 1964, IMAX film in Osaka in 1970, and wireless trams in Yeosu in 2012. The Expo site is located in the area known as Dubai South, close to Al Maktoum International Airport. The site covers 4.38 sq km and has four main entrances.

About EXPO 2020

In November 2013, at the general assembly of the Bureau International des Expositions (BIE) held in Paris, where 167 countries participated, Dubai emerged as the winners to host the Expo 2020, defeating 3 other nations including Turkey, Russia and Brazil who bid for being the hosts of Expo 2020.

 

Expo 2020 will be the first World Expo to take place in the Middle East, North Africa or South Asia region, which will be held from 20th October 2020 till 10th April 2021 in Dubai. Dubai’s Expo will be a festival of celebrating human ingenuity. 130 countries have announced their participation in the Expo 2020 Dubai. The Expo site is located in the area known as Dubai South, close to Al Maktoum International Airport. The site covers 4.38 sq km and has four main entrances.

UAE selected the theme “Connecting Minds, Creating the Future”, sub-themes being Sustainability, Mobility, and Opportunity for Expo 2020. “In today’s highly interconnected world, a renewed vision of progress and development based on shared purpose and commitment is key. While a married human mind, an individual country, or a specific community is both unique and remarkable, it is by working collaboratively that we truly advance.” Dubai Ruler Sheikh Mohammed bin Rashid Al Maktoum said in support of the bid. The Dubai Ruler promised Dubai would “astonish the world,” in 2020.

The staging of the world fair and the preparations leading up to it are expected to result in 277,000 new jobs in the UAE, an injection of nearly $40 billion into the economy, and an increase in visitors of at least 25 million and up to 100 million.

In recent times, Dubai has made major investments in Real Estate as well as introduced a world’s largest Solar Power Project which is all set to start by Expo 2020.

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EXPERIENCE OF A REAL ESTATE AGENT

It would have surely come to your mind that you should choose an experienced real estate agent to help you make the right investment and not believe in any other agent who is less or inexperienced.  This is just a myth that experience is everything and only experienced agents can help you find your perfect investment property. Though experience is an important factor while choosing a real estate agent, it is not the only factor.

You should instead focus on choosing a person who is reliable, who works for you and stays along with you even if they are not too experienced. Always remember that Chemistry is the key. Before choosing a real estate agent, have some options in your head and talk with all of them. Ask them questions about their work, focus on their expertise and knowledge of the neighborhood area and then ask yourself if you can trust them or not.

Find someone who has your best interests at heart. Transparency and honesty between both of you is a necessity if you want to hit the goal. Tell your agents about the right goals for you and what are you looking for and see if they are showing you the right kind of properties according to your needs. If they are not doing it, they might not have the options and might be thinking of their benefit only and not your benefits.

Look for somebody with similar values as you have. An agent who is patient enough and understands your circumstances throughout your deal might be an ideal choice for you. If an agent wants to rush you throughout your investment, that might not be an ideal choice. Chemistry is the key after all.

You will surely find a great chemistry with Maverick because of our calm and composed agents who will be at your service whenever you need them.

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CHOOSING A REAL ESTATE AGENT

How to choose a real estate agent?

People often get confused at a point where they have to find a broker or an agent for an investment in real estate. There are a countless number of real estate agents in almost every country of the world but the major question that pops up in our head is ” Who should I believe in? “. Here are some tips for choosing the correct real estate for yourself:-

1. Value of Experience:- It would have surely come to your mind that you should choose an experienced real estate agent only and don’t believe in any other, but this is just a myth that experience is everything. You should choose a person who is reliable, who works for you and stays along with you even if they are not too experienced. Find someone who has your best interests at heart. Transparency and honesty between both of you is a necessity if you want to hit the goal.

2. Seeking Referrals:– Referrals are one of the most effective ways of judging an agent’s persona. There might not be a bigger compliment for an agent than a referral from the past client. Seeking information and asking about some references of real estate agents from homeowners will be more effective than any technological research of the agents.

 

3. Realistic approach:- In your search for real estate agents, you might come across some agents who just throw out flattery and doesn’t have a realistic approach towards risk. You should find an agent who is honest about the risks of buying or selling your property. When you find a real estate agent, always pay attention to those who are being honest with you and providing you with the real data analyst sis of your investment, risk etc.

4. Patient and Passionate:– You should always look for an agent who is patient throughout your deal and doesn’t rush you at any point. An agent who is passionate about his work will always understand you and try to show you as many options as you want without losing patience. A passionate and patient agent would always understand you better and help you every time you need them.

You’ll surely find a perfect agent at Maverick. You are just giving a call or a message away from finding your perfect agent. Your Happiness is our motto.

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Things to be kept in mind before making an Investment in Real Estate

What are the things to be kept in mind before making an investment in real estate?



1. Doing Your Homework:-  “Doing your homework” or doing your research thoroughly before investing in real estate is considered one of the most important things. If you are have done a good research, you have multiple options with yourself to find out the right fit for you. But if you don’t do your homework and invest in let’s say the first or the second property you have seen, you might end up regretting your decision if you find out a better and a more perfect home for yourself.

2. Clarity is a Necessity:- A clear mindset on what are your needs help you find the right options for you without any wastage of time in viewing diversified options. Before thinking of investing in real estate, always have a clarity in your mind about what type of home do you want to purchase, how much is your budget etc. Again, if you don’t have a clear mindset you will end up getting confused and might make a wrong investment.

3. Be As Clever As A Fox:- Have a mind like a fox if you plan on to invest in real estate, otherwise you may end up taking an irrational decision and making the wrong investment. There might be some catchy headlines to attract you but you should be clever enough to go to the bottom of the story and understand everything about that headline. Doing this will help you take the right decision and help you make the right investments. Execution of plans always plays the major role in any kind of investment. Make your executions with a clever mind like a fox does while catching on its prey.

4. Keeping A Cool Head:– Patience, Perseverance and A Cool Head is a must if you are thinking of investing in real estate. You can have all of the above-mentioned things but if you don’t have a cool head, you’ll surely end up making irrational decisions and suffer from huge losses. Patience and perseverance are what you need for a successful investment and have great returns. Be ready to face a lot of difficulties in your investment if you don’t have a cool head.

Always remember that Maverick is just a call or a message away from helping you. The Key To Happiness starts with Maverick. So Choose Maverick if you want to Choose Happiness.

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KEEPING A COOL HEAD

Why is keeping a cool head important in real estate?

Patience, Perseverance and a Cool head are some of the most important traits that you should have before doing any kind of investment. If you are thinking of making an investment in Real Estate without a cool head, you will surely end up making irrational decisions and suffering huge losses.

 “Clarity and Cleverness will show you the right path but you require Patience and Perseverance to remain on that path for a longer duration of time”. For example, in a cricket match, if a batsman is clear in his tactics on the field and clever enough to judge the bowler’s mind, he may hit some fantastic shots in the beginning of his innings, but will surely end up making a mistake soon and give his wicket away if he doesn’t have patience and perseverance to stay on the pitch for a longer time.

For instance, in real estate, if you are taking up a mortgage to fulfill your investment goals, you should be cautious before borrowing. Not borrowing any excess amount than what is required by you will help you avoid longer repayment terms. In the same scenario, if you are not patient and are not focussing on all your needs and expenses with a cool mind, you will end up taking the excess amount and fall in debt trap and regret your decision afterward.

A cool and a patient mind helps you make the right choices not only in the investment area but also in any life situation. This is why Maverick always tries to be present for you to help you in choosing the best option for you and giving you the maximum time to help you not take any decision irrationally. 

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