Dubai Continues to Soar With Planes For The World’s Largest Airport

Dubai truly is the #1 global destination! According to news reports, Dubai South’s airport, called Dubai World Central (DWC), and Al Maktoum International Airport), has set
forth expansion plans to become “THE WORLD’S LARGEST AIRPORT” with “multi-modal transport infrastructure linking air, land,and sea!”

The overall project will increase capacity to a total of “260 million passengers.” News reports say that it will feature facilities for all the comforts during travel like “food & beverage, retail, relaxation, and entertainment.” Phase 1 of
the project is expected to be completed as soon as 2030.

The airport expansion is not only a testament to Dubai’s
continued population growth (expected to hit 5.9 million by 2040), economic stability, robust tourism, and business connection for the East and West – it’s also a boon for Dubai’s real estate sector, which is currently the fourth most
active luxury residential market globally.

So, How Does This Influence Dubai’s Real Estate Market

• Propels demand for property
• Strengthens the property market
• Significant capital appreciation and high rental returns
• New residential and
• Commercial developments
• Continued economic stability
• Continued government support and protection for the real estate industry