Good Time for Investing in Dubai Properties

The real estate and property development market booms in Dubai.

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Ahead of the Cityscape Global Conference that will take place at the Conrad Hotel in Dubai on 5 September, Robert Welanetz, Chief Executive Officer of Majid Al Futtaim said that Dubai is well on the way to a robust market recovery and that it is the best time to invest. Robert Welanetz also expressed that Dubai’s position as the leading, world-class business and investment hub will improve the real estate business. The one-day Cityscape Global conference offers many exciting keynote presentations such as the one on ‘The World of Alternate Investments’ by Craig Plumb, Head of Research at JLL MENA, a speech by well-known futurist Rohit Talwar on ‘The Disruptive Futures Reshaping the Property Sector’. Expo 2020 Dubai will influence the job market in the region, positively impacting sales and retail markets in the UAE, says Welanetz.

Majid Al Futtaim- Properties is a Dubai-based leading real estate and property developer concentrating on developing hotels, shopping malls and mixed-use living communities in the region. Its properties include Mall of Emirates, City Centre, Kempinski Hotel, and Sheraton Dubai among others.