DUBAI, one of the most important tourism, trading and financial entrepot for the MENA region, has transformed over the years from a desert to the fastest growing real estate property market in the world.
It has become an influential centre for business, representing nearly 400 of the Fortune500 companies and 80% of the world’s ten largest companies.
Over the years, Dubai’s real estate sector has matured rapidly and has been driven by demand and quality.
Amongst other countries, Dubai has one of the strongest real estate markets, having seen growth of over 25% in Year 2013.
In the backdrop of an eventful year of strong market performance and the Expo 2020 win, Dubai entered the Year 2014 with enormous positive sentiment.
The outlook for Q3 and Q4 continues to remain optimistic as property prices are expected to maintain their upward trend, with more launches stated for the next 12 months or so.
Dubai - City of World Records
Dubai will continue to enjoy the confidence of local, regional and international investors. Although the Expo is only few years away, Dubai will see a raft of new projects launched, developments completed to improve the infrastructure, and possibly old favourites re-launched.