A panel discussion is in progress at the event in Dubai.
Mercedes moving into real estate demonstrates the confidence and solid growth outlook for the Dubai real estate market. Luxury properties are in vogue in Dubai.
It clearly illustrates the booming real estate market in Dubai, which is housing to world top notch businesses and investors. Dubai is booming at the moment and sends strong signals to global investors for its vibrancy and growth in the city’s future outlook. Demand for luxury real estate is very strong and it is expected that developers are planning to deliver 125,000 units in Dubai in the next five to six years. Major areas of attraction for investors are. Emirates Hills, Palm Beach Jumeriah, Jumeriah Bay Island.
“Macroeconomic stability and strong investments from global investors makes Dubai an ideal place for high networth players to buy property in the city. UAE economy is set to grow between 3.5% and 4% in 2024 which signifies the growth stability of the country. Consumption and investment patterns are very solid at the macro level.”
Kashif stated that it is expected that global sophisticated and smart investors will invest $3 to $4 billion in 2024 with Chinese, European, UK, Central Asian Republic, latin America,
Indian and Pakistani as major investors parking funds in the real estate market.
Global sophisticated and smart investors who value real estate for the long run are taking long term position in dubai. Real estate has become an important asset classes for many investors in the last 10 years including sovereign wealth funds, endowments, pension funds and institutional investors. Tangible asset class for wealth protection ie real estate. 1970s era is back in action with smart investors buying real estate for wealth preservation.
Kashif shared his insights for 2024: Dubai real estate market is poised to touch new highs based on the premise that investors sentiments are positive and economic outlook for UAE remains buoyant.
Hilshaw Group and Arthur Mackenzy Properties Group signed an agreement to develop a Sustainable Mega Real Estate Project, which shall soon be launched in the emirate of Dubai.
Dubai real estate sector has a promising outlook and more first-time buyers are expected to venture into the growing residential market being dominated by high net worth individuals (HNWIs).
Dubai Trade, the leading trade facilitation hub in the UAE, has crossed 300 million transactions since the platform was established in 2003,
Valued at over Dhs500 million, WADI Villas was unveiled at an exclusive preview event by Arista Properties. The project will be set amidst the prestigious Mohammed Bin Rashid Al Maktoum City, District 11, Meydan. It will feature a residential marvel of 30 exclusive villas, featuring luxurious
His Highness Sheikh Khaled Bin Mohamed Bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Chairman of the Abu Dhabi Executive Council,
Abu Dhabi Future Energy Company- Masdar, the UAE’s clean energy powerhouse, has completed its acquisition of a 49 per cent shareholding in the 3 gigawatt (GW)