GDP for the Emirates is down by about 11% for 2020; this occurs on the back of fewer tourists and expats departing. One can expect that the broader recovery will take some time.
Companies worth looking at are Emaar Properties, the developer of Burj Khalifa, the world’s tallest building, and Damac Properties Dubai. Emaar Properties is the owner of Burj Khalifa and other hospitality and entertainment assets while Damac Properties Dubai develops and manages residential and commercial properties.