These mega events spur commerce and scientific development while creating new links between nations. Dubai has won the right to host the World Expo in 2020, and is exploring the theme of “Connecting Minds, Exploring the Future.” The event is expected to draw 25 million visitors to Dubai over 6 months – many of whom will stay and catalyse new business opportunities to expand the economy. The future Expo2020 site is situated in New Dubai near the Dubai Investment Park, Jebel Ali Free Zone, and Dubai World Central Airport. It is serving as a powerful boost for real estate in the vicinity.

Investors and residents near the Expo can expect capital gains and rent increases as the event draws closer. Expo 2020 is also delivering a longer-term boost to Dubai’s economy – with developments worth at least USD 100 million already allocated. The government is deploying a number of grants, prizes and knowledge sharing events to spark innovation, and the event is expected to add 200,000 permanent jobs to the economy.

Situated in the south of Dubai near Jebel Ali and in proximity to Dubai Investment Park, Dubai World Central is the beating heart of a larger development that will include six clustered business zones. Upon completion, DWC will become the world’s largest airport and handle 220 million passengers and 16 million tonnes of cargo a year.

The airport and freezone cluster will contribute to Dubai’s long-term economic growth, and is already boosting real estate prices in its vicinity. For real estate investors, projects near Dubai World Central offer an excellent opportunity for capital gains and rental returns.

While all eyes are currently on Dubai’s preparations for Expo 2020, the global event that will bring over 25 million new visitors to the Emirate, the Emirate’s future potential extends far beyond 2020.

Dubai’s leadership has demonstrated foresight in preparing for a post-oil economy where Dubai assumes the role of a hub for innovation, ideas, clean energy, finance, and services.

Dubai’s future as one of the world’s most attractive trade hubs and lifestyle destinations is being assured through a number of initiatives.

UAE Vision 2021: A blueprint for a prosperity that invests in world-class healthcare, first-class education, an innovative knowledge economy, sustainable infrastructure, a cohesive society and a transparent judicial system.

Tourism expansion: The Dubai Tourism and Cultural Authority wants to attract 20 million tourists a year to the Emirate by 2020, and is investing in the hospitality sector

Population expansion: Dubai is preparing for an eventual population exceeding 9 million people, exponentially higher than its current 2.75 million residents

An entertainment destination: Dubai is investing in the world’s biggest theme parks and waterparks to stay the Middle East’s number one entertainment destination.

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