Dubai’s real estate sector is a stunning tapestry rich in innovation, luxury, and unmatched investment potential. Recognised as one of the most dynamic markets globally, it continually draws discerning investors searching for lucrative opportunities. At One Investments, we pride ourselves on offering exclusive access to premium real estate prospects, ensuring our clients make informed decisions that align seamlessly with their investment aspirations.
An exhilarating development that substantially enhances Dubai’s stature as an investment hub is the recent announcement by Sheikh Mohammed bin Rashid Al Maktoum. He unveiled an ambitious AED10 billion ($2.7 billion) expansion plan for the Dubai Exhibition Centre (DEC) at Expo City Dubai. This initiative is poised to position the emirate as a premier destination for Meetings, Incentives, Conferences, and Exhibitions (MICE), thereby exquisitely complementing the flourishing market for Dubai properties.
As part of the Dubai 2040 Urban Master Plan, the expansion will transform the DEC into the largest purpose-built indoor venue for exhibitions in the region, offering an impressive 180,000 square metres of exhibition space. This significant increase will dramatically enhance Dubai’s capacity to host large-scale international events, making it an even more attractive location for property buyers in Dubai.
The expansion of the DEC is strategically aligned with the ongoing development of Al Maktoum International Airport, which is set to become the world’s largest airport. This synchronicity will undoubtedly enhance Dubai’s appeal as a premier destination for both business and tourism, creating new avenues for real estate investment.
The economic implications of the DEC’s expansion are significant. It is anticipated to double the number of large-scale events hosted each year, rising from approximately 300 to over 600 by 2033. This remarkable growth will undoubtedly drive demand in the Dubai property market, as international visitors and businesses are drawn to the city.
The master plan for the DEC’s expansion is meticulously structured in three phases, with the first phase expected to be completed by 2026, increasing the exhibition space to 140,000 square metres. Subsequent phases will enhance infrastructure and facilities, culminating in a venue capable of hosting multiple events simultaneously.
The expansion of the Dubai Exhibition Centre signifies a key moment in the emirate’s growth, reinforcing its status as a global frontrunner in both the events and real estate sectors.
One Investments delivers a tailored investment process designed exclusively for Dubai real estate investors. With thorough checks, every property in the One Investments portfolio provides high levels of security and transparency, giving investors confidence and peace of mind.
