Will Dubai Real Estate be hyped by Hyperloop One? News
For the next coming years, Dubai is looking forward for momentous events that could entirely change its economy. One is Expo2020 which is expected to bring at least 20 million visitors and new residents in Dubai, and the other event is the launch of Hyperloop One which has a tentative date as for now. Some of you may be asking what Hyperloop One is all about. To give you a glimpse of it, Hyperloop One is one of UAE’s most advanced innovation ever developed in history. This project aims to minimize the travel time from Abu Dhabi to Dubai in just 12 minutes. How will it affect the Real Estate market?
This will be a big advantage for investors! Since travelling from Dubai to Abu Dhabi and vice versa is easy, the market should expect a great increase. Clients from both Emirates would surely benefit once this project comes to completion. And as soon as this project goes further, properties within the area of Hyperloop One would soon be developed. Expect developers and investors to ride on this Hyperloop trend. Just imagine the ease of access that this technological advancement can provide. If homeowners are within proximity of the Hyperloop One, transactions and travels would be easier.
There also some instances where people who stay in Dubai need to travel for hours every day, just because their work is in Abu Dhabi. Having a property within the area of Hyperloop One will be of big help for those who have this everyday struggle.
This will also be advantageous for those who are into Holiday Homes. If someone from Abu Dhabi needs a property to stay in for a vacation in Dubai, there’s less hassle! You save travel time and ensure that your vacation is fully spent.
These are a few of the possibilities that could affect the real estate market, once Hyperloop One comes to completion. We may only see it like this for now, but for sure it will greatly impact the real estate market.
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