Generated from the episode audio and lightly edited for readability. Please refer to the video for exact wording.
Full episode transcript
If you're searching for the absolute safest and most promising area to invest in Dubai real estate in 2026, you need to hear about Expo City's new project, Mahra and Expo Valley. While everyone's chasing overpriced properties in downtown Dubai, smart investors are quietly positioning themselves in a location that's about to become the new economic powerhouse of the UAE. And I'm going to show you exactly why this is a once-in-a-decade opportunity.
Here's what makes this different. Mahra is developed by Expo City, a government developer, which means you're not taking a gamble with some unknown private company. This is backed by the UAE government itself. Plus, it's strategically located next to Al Maktoum Airport, the largest airport in the world, and it's becoming the new home of the UAE's largest exhibition center, with all three major exhibitions moving from downtown Dubai to Expo City.
By the end of this video, you'll understand exactly why Mahra offers triple income potential through capital appreciation, long-term rentals, and short-term rental returns. Plus, I'll reveal the payment plans that make this accessible, even if you're just starting your investment journey in Dubai. If you've been waiting for the perfect time and place to invest in Dubai real estate, this is it. And missing this window could mean watching from the sidelines as property values rise.
That's been on my list for the past couple years and is Mahra in Expo City. It's a government-backed government development and we are here with Peter Cathy, the sales director.
So good to see you, GG. Always a pleasure. Happy new year.
And so I had to rush over here on this trip to Dubai because Peter's like, "You need to come see what's going on in Expo Valley." So, Peter, so many projects right now are happening in Dubai, right? We have hundreds of developers, thousands of projects. What differentiates Expo Valley from everything else coming up on the market right now?
Well, Expo City has five districts. Expo Valley is just one of those districts. But you'll be happy to know that out of all the districts, this has been our fastest growing in terms of price, the most in terms of capital appreciation and not by us, by a secondary market. You can see people making in the secondary market over a million dirhams in terms of profit in just two years while only having paid 30%. So that's 100% return on equity, which is absolutely insane, right? So that's number one.
That is great. And from a developer standpoint, fastest absorption. Whenever we launch something on an Expo Valley, that is always our fastest selling project.
What do you think that is?
That's a great question. One of the most important aspects is the nature of it, right? This is the area that we are designed with the most amount of trees. You have Expo forest, you have Expo lake, you have the most amount of amenities. You have over 4 km horse trail. So these things are not common in Dubai real estate or GCC real estate, right? So it's very unique that we have that right over here.
Not only that, but clients, they feel they get the best of both worlds. What do I mean by the best of both worlds? You're far enough that you have more peace, quiet, serenity, and tranquility while at the same time, if you wanted to get to the center of everything, you're just a quick step through multiple mobility solutions that we have.
Mobility solutions such as what, you might ask? Expo Express Loop. What is that? Imagine an AC golf cart that takes you all throughout the whole community and has multiple checkpoints so you can just get in and out quick and easy. Simple as that. Plus, we also have our golf taxis that you've ridden hundreds of times on. We have also the rentals for the scooters and bicycles. And these are just three unique mobility solutions that only Expo City Dubai has. And of course, if you wanted to grab your car, taxi, Uber, you also have those on top, but every community has that. So we always go above and beyond.
I don't know of any other community, correct me if I'm wrong, that has all of these abilities to go all the way around it. And what I really liked, we were talking about before, you know, Dubai obviously runs quite warm and hot in the summer. But you have, what percentage of the walkways in Expo City are actually shaded, covered, or climate controlled?
Over 70%.
That's a big deal in Dubai, by the way, because as Dubai is expanding, right? You're talking about Dubai just hit 4 million residents, growing at a rate of 200,000 residents a year. And we'll talk about what's even drawing more people here into Expo City specifically, the offices. We have which companies that are setting up headquarters here?
You have DP World global headquarters. You have Nestle, you have Emirates, Wheel Bank, Live Nation, Fuji Film, you have so many different companies that are moving in. Seamens International, Seamens Energy, you name it, they're all coming here. And when everything is said and done, there's going to be 40,000 high-level professionals. How many people will be able to live here with all the residences? Only 36,000. So, Gigi, just with the commercial professionals, just with that alone, it puts more than enough pressure on all the residential. Not to even count all the people coming from the exhibition, all the tourists coming, the world's largest airport. We can go on and on.
Exactly. And we actually, we will go into the different income revenue streams in a couple seconds. But just to touch upon the numbers that you were talking about, more people that are moving not just to Dubai but to Expo City. You have of course so much traffic happening. You don't have enough supply to meet the demand and what you guys are doing is creating this beautiful master community that caters to an end user's lifestyle. We'll talk about the tourism in a moment because obviously that's important for short-term rental returns. But you have the school, right? Have you announced yet?
Not yet. This year we're very excited. The school is going to be one big announcement. You have the mall, right? You have hospital, which the structure is already done. And then the hospital is going to be announced this year as well.
And then you have the metro that is connected to the major landmarks in Dubai including next door corporate. The metro is the red line. So that is already built since Expo 2020 and it connects with all of Shaikh Zayed Road all the way up to Dubai International Airport.
And what this means for investors that are looking, saying okay, why does this all matter? Well, it matters when people are moving here and they're trying to look into what community to live. You have this master community that meets all the checkmarks of a master community that caters to an end user or a family's lifestyle here and then add that unique, well few unique differentiators, but the nature is really exclusive here. It's not common in Dubai and with the climate control and the nature, I mean I even saw peacocks. Peacocks are going to be in Expo Valley.
And where else do we see that?
We've seen that like around Emirates Towers. Why? Because his Highness's palace is nearby, right? And so peacocks are a big part of the Emirati culture.
And driving in the car down there and I see peacocks. You have to stop. You stop and I want to cry. I'm just like, what's the world are you? But this, you have butterfly gardens. You have all these beautiful attributes that cater to a quality of life. So when someone is choosing where to live, you're connected, your government-backed development, which we'll talk about what that means as far as infrastructure, etc. You're complete. I mean, and the infrastructure is already completed. Correct, right?
So we're not talking about any risk of waiting for that. You're talking about metro access. So it's a beautiful place to live. And then I'm going to ask you now from a purely investor standpoint. We've discussed this before in other podcasts, Gigi, what are the income revenue streams that Expo City in general brings for an investor?
Absolutely. So there's four revenue engines, right? What are these four engines? Number one, you have the largest exhibition center in the whole MENA region. Everybody's familiar with the World Trade Center. This will be 50% bigger. Phase 1 is 140,000 square meters and that's opening this month, January. Gulfood is at the end of this month here as well. So that's all opening up this month, which is phenomenal. On top of that, we're not done yet because it's going to grow all the way up to 180,000 square meters. And no competition with World Trade Center because they're going to be downsizing and everything's going to be shifting.
Important thing to note, did you already mention Gitex?
Gitex? No, but thank you for mentioning. His Highness has announced that Gitex will be here in December and this is UAE's largest event that happens.
And please share with our viewers that don't understand. I mean most people would know that an exhibition center obviously brings with it traffic and opportunities for hotels but in relation to what happens around the World Trade Center. Share with our viewers here what that means from a money-making opportunity with regards to hotels, short-term rentals, etc.
Absolutely. So let me put some things in perspective. Let me break it down in numbers. What is Gitex? First of all, for viewers that are not here. Imagine like CES that recently happened in Las Vegas. Imagine a tech convention with over 120,000 people coming. Just on a yearly basis, we're expecting more than 4 million people with over 600 large scale events. Now, to put things in perspective, this will be 50% bigger than the World Trade Center. Around the World Trade Center, you have over 300 large scale hotels. Here, Gigi, even though this will be 50% bigger, do you know how many hotels there are in the community?
How many?
Just two.
Just two? And Ras Al Khaimah? That's it. And so they're both small. What does this mean? That there's just so much demand and very little supply. If you look right now at Booking.com, right, and we look at the rates that there are downtown when there's a convention and what are the nightly rates?
Nightly rates, you're going from the largest room that they have, let's say, in the Rove, which is just a three-star, right, type of hotel, is 540 feet. This pales in comparison to our one-beds that are 890 feet in Expo Valley Views. What's the nightly rate for that, for a 540 foot room? It is a whopping 6,500 dirhams plus another 1,500 dirhams in taxes and fees, right? So you're talking about 8,000 dirhams for a 540 foot room. Imagine just making a fraction of that on a nightly rate for a much bigger, more luxurious apartment in Expo Valley Views.
Do you? Does Expo City actually allow for short-term rentals?
Not only do we allow, we encourage it because we know that there is a lack of supply in the whole area. So we want everyone to not only be comfortable, we want investors to be able to make a healthy income as well. So it works well for the whole area.
So let's talk more about the other income and revenue streams then with Expo City.
The other revenue engines, we have the world's largest airport that's going to be connected just one metro station away. That's a very big deal by the way. One metro station from Al Maktoum, the largest airport in the world. What does that mean for an investor?
It means that you don't have to worry about logistics with taxis or renting cars. You just hop on the metro in and out. As soon as you get out of the metro, the convenient part is you're not going to have to walk. You're going to have a fleet of golf carts. This is not a promise. You already have it. They're already there. You already come by metro. There's a fleet of golf carts just waiting for you. They're called golf taxis. And you just pay five dirhams, which is the equivalent of $1.50 and it takes you wherever you want throughout the whole city. Quick, easy, convenient, and logistically just a dream.
Fantastic. And so that's another big deal. And then we are with the metro here or even with driving, we're about 30 minutes from, let's say, downtown Dubai, right? So for people that do want to come either live here or visit here, you're very close via public transportation or driving. And you have done a phenomenal job at Expo City with the ins and outs with regards to access, right?
This is very important and this is something I think we merit touching about 2 minutes on, right? So Dubai's popularity has been exploding as you accurately mentioned. Dubai not only is growing in population but it's accelerating in terms of the amount of people that are coming here, right? Like you mentioned, over 4 million people. In fact, last year population grew by over 6% and it's accelerating because the year before it was 4% and the year before that was 2%. So it's accelerating at a fast rate. What does this mean? If you're an investor in real estate, the more people come to Dubai, the better it is because it means more capital appreciation because there's less supply. So that by itself is number one.
Two, the only drawback that comes with that is for communities that are not properly planned, like you said, it's traffic. Yeah. I mean, there's some communities that as beautiful as they are, that can be inhibitive to even living there or staying there when you're a tourist because we're not talking about normal traffic. We're talking about insane traffic, like debilitating traffic. And I know the government is doing a great job. They're spending a lot of money in overpasses, road networks, public transportation.
We already have it.
We already have it. And we couldn't be more blessed because this whole area, thanks to His Highness's vision, was just envisioned to be a city just future-proofed against traffic. And more importantly, how did we do that? How did the government manage to do that? Well, the road network. Three main reasons. One was the road network. The road network already exists. There's three main roads, three different main roads. Each one of these roads is 14 lanes. So 14 times three, 42 lanes. So that by itself is phenomenal.
If that's not enough, you have the metro, the red line that connects all of Dubai that we are the last stop right here. And very soon it's going to be connecting to the world's largest airport. So that brings a lot of people in and out without having to congest the road network. And last but not least, a multi-billion dirham project right throughout the whole center of the community. We have underground parking as well that further diffuses traffic and makes the whole road network that much easier.
I love that. And you were talking about the Sheikh's vision. Actually, let's go into a little bit about what the significance is of Expo City being a government development and being the Sheikh's baby. What does that mean? How does that inspire confidence in a global real estate investor?
Well, we're truly blessed. Everything that Expo has managed to be today is thanks to him and his remarkable team. Right now there's so many constant announcements. Thanks to him, the expansion of the exhibition center, that alone was 10 billion dirhams. Thanks to him, the expansion of Al Maktoum and which is being built to the largest airport in the world. That's going to be 128 billion dirham expansion. And on top of that, you also have a lot more federal level announcements like the first green innovation district on a federal level is now in Expo City Dubai. The fastest growing free zone right here in Expo City Dubai.
Can I stop you right there? Can you please explain for an American, let's say, a global investor that doesn't understand the significance of a free zone and what that means to a community, how that pulls capital there? May you share a little bit, please?
Sure. So free zones in Dubai, you have mainland and you have free zones. And so you're allowed to work in certain areas. The beautiful thing about a free zone and the reason why such of the biggest companies in the world, companies like Wheel Bank, Live Nation, Fuji Film, Emirates, Seamens International, Seamens Energy, global headquarters of DP World, right? Nestle, which is ranked 67th largest company in the world. The reason why all of these companies are moving here and have already established here is they get a lot of benefits.
First in terms of ease of commercial license, visas for their employees, tax advantages as well. Ease of doing business in a free zone is just on a whole another level. Plus, when you combine all of that with the best in terms of infrastructure and mobility solutions, it's second to none. Lots of these big companies also love the fact that they're going to be so close to the world's largest airport and the most important port in all of the GCC, which is Jebali port. I mean, these are all amazing factors.
It really is the reason why Expo City has been on my list as one of the top areas to invest in Dubai real estate. When we talk about safety of an investment for a global investor, especially those from America who are starting to finally catch on, but maybe they were skeptical at first and they say, "Give me the maximum outcome opportunity with the safest investment," you can't get better than Expo City.
I love how you just summarized it. I love how you just summarized it. That you can't get better than Expo City being that it's the government and every time I come here, Peter, every couple months there's a new announcement, another announcement, another announcement. And right now with Expo Valley, I love how you shared that it is the fastest growing as far as capital appreciation and the quickest that is absorbed, which is obviously very important. So let's go a little bit into what is your offering in Expo Valley? Is it all apartments or what type of community is Expo Valley going to be?
Sure, let me take you a little bit to our next model so we can look at it a little bit. This is Expo Valley the whole district and then right over here is where we have Expo Valley Views, which are eight beautiful different floor buildings and the one that we have just launched is Mahra. Now, Gigi, look at the prime location of Mahra. Mahra is right in the center. So look at those views of greenery and beauty. Not only you have gorgeous views towards the Dome and the whole skyline.
The Dome is right over there, right? Correct. So where we are right now, okay.
You also have all five different pools, different views, parks, gardens, and amenities all around.
And isn't it, didn't you show me earlier that the front, it's elevated, right? So even level one is elevated.
Six and a half meters elevated.
So that's a big deal. I mean, had the infinity pool even on that first level or no?
Let me show it to you right over here. In fact, I think here you'll be able to see a little bit better how elevated it is. So if you see a car right over here, and this is six and a half meters elevated, so you can see how Mahra located right in the center is elevated even from the infinity pool, which is the ground floor, right? Everything is elevated six and a half meters. So you have beautiful views looking on top of all the greenery and all the luxury villas and town houses.
So that's important to note because when people start asking about floors, it's valuable from the first, right? Because we're not, it's notable. Exactly. Unobstructed, okay.
So we were saying so it's a villa community as well as apartments as well as the greenery. What else is part of Expo Valley?
Well, nature is such a huge important part, right? And we're the only developer that's doing a whole Expo forest over 2 million square feet of nature or parks, gardens that you're going to be able to enjoy both on the ground floor and on the top floor. But nature to us doesn't just stop on trees and beautiful flowers and gardens, no. We're taking it another level, right? And this is the introduction of all the animal elements to it, right? And four unique animal elements.
One is the peacock aviary. So you're going to have peacocks just roaming around the community and in their habitat, which is beautiful, right? You're going to have separate duck ponds full with animals. It's very therapeutic and just a live ecosystem. So that's going to be beautiful to just sit back and enjoy with family. You have nature's finest touch, which is the butterfly garden. So imagine a wide array of beautiful colors of flowers everywhere, manicured garden, lovely fragrances and aromas from all of these flowers in the butterfly garden.
And last but not least, you have the horse trail. Over 4 kilometer horse trail that goes all around the whole community for you to create long lasting memorable experience with the whole entire family.
Where are the stables for the horses? Can you explain that to me? Are they?
So the good thing about that is that you're going to have your own private loading and offloading of your horses. So you get the best of both worlds. You don't have to deal with the whole smell of stables, right? And so you private load, unload, and then you can enjoy the whole community in order to go on a horseback riding experience.
So this is the thing that we noticed in real estate globally is that after COVID there was a shift, especially with the ultra high net worth and high net worth individuals where there was a focus on that lifestyle, on quality of life, greenery, the sea, the nature, etc. And we know that Dubai is really, Sheikh Hamdan, I believe he's really intentional about this, right? He explores all around the world.
And I feel like he brings those elements here.
He is and he brings those elements here. And so all that you just mentioned right now, I'm just imagining, you know, you're working hard during the day, let's say in downtown Expo, you have your office and you're hustling because Dubai is a very hustle environment. And then 5 minutes later, you're in this little sanctuary of beautiful like, I just, it goes to how Dubai is always outdoing itself.
Absolutely. And and it's also an important part because I think that and I think this might resonate with more than one person, but as time goes on, we start realizing how mental health is just so important. The most important I would say.
The most important because without mental health, the rest just doesn't function, right? So all of these elements really cater to that well-being part of it so you can just have a place to refresh, relax, so you can get back the next day to doing what you do, what you need to do. And then you have families are able to have their hospitals, their retail. Oh, we didn't even talk about that by then, but we'll get into it in a second, the schools, the access.
So it really caters to single working people but also to families and actually that brings me another point. Okay, what is the F and B situation in this Expo Valley right here with Mahra?
So food and beverage is such an integral part of the whole community. We have so many different locations. To answer your point specifically, we have Al Wasl Dome. We're going to have High Street as well. There's already a ton of restaurants and Expo at Al Wasl Dome. Here at Expo Valley Views, we're doing over 2,000 square meters of retail. So you're going to have five coffee shops, you're going to have your boutique grocery stores. So you never are more than a few minute walk to all your essentials, which is just amazing and how it should be. Restaurants coming, there's going to be a few surprises. So you always have that convenience just a few steps.
Okay, so I know earlier on, Peter, we talked about the income revenue generators here in Expo City, but I think there was one that we forgot. I believe it was the events, yeah, events. So we spoke about the largest exhibition center, largest airport, the free zone, fastest growing and best free zone, right? Expo City Dubai free zone authority.
Last but not least, events. And events. Everyone knows Expo City Dubai thanks to Expo 2020 event, which is one of the best events in the history of the world, the most successful Expo, the one with the most amount of countries that participated in it. Over 24.1 million people came through our doors even during the biggest pandemic in human history in the last 100 years. Right. So events is a huge part because the government of Dubai is constantly organizing events here in Expo City. Expo City themselves are organizing events, right? And all of the events, why is this important for investors? This just brings in more people. It makes it more top of mind to the whole area of where to go. So wherever you keep on bringing more people, it's just an added reminder of what's the best place to be. And if you're an end user, that's perfect because you never have to walk more than a few steps to just be in the middle of it all.
Concerts there. It's so beautiful at night during the holidays, whatever the holiday is.
For those of, for your audience, which is very, Las Vegas is very close to where you are in California, the Dome is only on one side of the area, right? Inside, you see that the Dome, on the Las Vegas Sphere, is only on one side. This is the largest that is completely 360 degrees. But what I really want to talk about is that I've been fortunate enough to be working here for the last 3 years, right, as director of sales. And every single time that there's an event, I still get goosebumps to this day because they spent so much into making that just phenomenal. Over 250 HD projectors, full surround sound, so you're just inside the most immersive experience ever.
It's immersive. It truly is. And to Expo City is very futuristic. And that falls in line of being kind of a stamp of the Sheikh, right? So it's futuristic. You're never going to lose money in Expo City because the whole government of Dubai would ask to fail. For God forbid that to happen. So when I am asked what is the top area to invest in Dubai 2026, you're going to go back to all of my previous podcast episodes. This is season 7 by the way, and you will see that Expo City is consistently one of the top for the reasons we discussed here.
Now for the pricing for this specific project, you're already collecting EOI.
Yes, we just started collecting EOI. So let's go. Because if you don't know yet, I'll link here about the EOI process and how important that is to secure the prime units here. So reach out to me now. Of course, we are so lucky to be connected with Peter, the sales director, that has always helped all of our clients. And make sure to like, subscribe, and follow and see you for the next episode of The Dubai Connect. Boss House.
Awesome. Thank you, Gigi. Much success.