An Analysis of The Impact of COVID-19 On Bank Loans and Real Estate Financing in UAE

• Author(s): Adedotun Ademowo
• Paper ID: 1706120
• Page: 229-239
• Published Date: 08-08-2024
• Published In: Iconic Research And Engineering Journals
• Publisher: IRE Journals
• e-ISSN: 2456-8880
• Volume/Issue: Volume 8 Issue 2 August-2024

Abstract

This study examines the impact of the COVID-19 pandemic on the real estate sector in the United Arab Emirates, with a focus on the role of bank loans and real estate finance. The pandemic has led to a decline in the real estate market, affecting both the banking and real estate sectors. This research aims to investigate the issues faced by individuals and the real estate market, evaluate the role of banks in promoting the real estate industry, and determine the importance of bank loans in addressing people's problems and developing the UAE real estate market. The study will employ a quantitative research approach, using interviews to gather data. The findings will aid in formulating recommendations that benefit both the banking and real estate sectors.

Keywords

COVID-19 pandemic, Real estate sector, Bank loans, Real estate finance, United Arab Emirates, Banking sector, Economic growth.

Citations

IRE Journals:
Adedotun Ademowo "An Analysis of The Impact of COVID-19 On Bank Loans and Real Estate Financing in UAE" Iconic Research And Engineering Journals Volume 8 Issue 2 2024 Page 229-239

IEEE:
Adedotun Ademowo "An Analysis of The Impact of COVID-19 On Bank Loans and Real Estate Financing in UAE" Iconic Research And Engineering Journals, 8(2)