The UAE already has the world’s biggest shopping mall, the world’s largest airport terminal and the world’s tallest commercial tower.
In Dubai, and Abu Dhabi in particular, ambition is stamped all over the built environment. Flourishing trade, retail and tourism markets have moulded skylines dominated by mega temples of leisure and industry.
And now, with Expo 2020 looming large in Dubai, the real estate market is in high gear. It is an exciting, thriving business centre and Estates Gazette is headed there.
EG is teaming up with Cluttons to showcase the UAE’s quest for economic greatness by hosting our inaugural Global Real Estate Debate on 21 October.
We have lined up a panel of influential figures to debate the topic “How can the UAE become the business capital of the world?” The insight will be fascinating. After all, many of Dubai’s most influential real estate players have stakes in the London property market.
Cluttons’ UAE market report last month cited a “success story for the residential market” in Dubai, with capital value growth rates well ahead of the long-term average. Expo 2020 was the catalyst, the report said.
In addition, a raft of high-profile deals in the office market show that institutional investors are back in the game.
It is against this backdrop that Estates Gazette is bound for the Middle East.
Look out for coverage in EG over the coming weeks.
