property near Arjan expected13 May 2016 08:53
to rise between 35-50%, The event, which runs from October 2020 to April 2021, is expected to bring 25 million visitors from 180 different countries to Dubai, as the World Expo is hosted in the Middle East for the first time. In addition it’s expected to create 277,000 new jobs.
Hosting the event has proven to have a significant impact on the property markets of host cities. Property experts in the region believe that the Dubai property market’s current period of stabilisation is likely to end from next year, and some believe that the Expo will drive property prices in some of the city’s key districts by 35 to 50% in the coming years.