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Most people do not know what is Expo 2020? Expo2020 Dubai is one of the biggest world events to be held in Dubai. The billions of people all over the world are eagerly waiting for this big day. As it is the first time the event is organized by Dubai. So the expectation is more because Dubai is one of the rapid development in the rate of economic and real estate in the world. So the point over here is thousands of investors are looking for investment opportunity in Dubai for this expo.
According to the market, Dubai South, Meydan city, Mudon and city square are some of the top regions to invest in Dubai expo 2020 projects that searching for what you offer and tenants are maximum interested by. besides the attractive location, the fact that these projects are sponsored by acclaimed developers such as Emaar, Meydan, Sobha, Dubai properties, Nshama and Meraas really provides to the interest in these projects. There are many expo 2020 facts that every investor should know.
At the same time as a few units had been handed over in Dubai South and Meydan, investors can still find a big portfolio of reasonably priced properties in those emerging districts. Dubai South also gives one of the fine options in terms of return on investment (ROI) with rental yields going over 11 percent.
The studio apartments on the market in Dubai South average at AED 385,000, even as 3-bedroom villas are at AED 1 million. In Meydan city, costs are predictably better with 3-bedroom villas going for an average of AED 3.3 million and studios averaging at AED 450,000. however, the top class amenities of the neighborhood, which incorporates a golf course, equestrian center and mall effortlessly justify the higher price tag.
When it comes to the rentals town square and Mudon are the emerging areas gaining popularity. The Arabella Townhouses in Mudon and the Hayat Townhouses in town rectangular are the maximum popular out of all sub-groups within the areas. prices have come down slightly for villas in both Mudon and town square in the first sector of 2019. The average fee for a three-bed villa in Mudon is AED 125k and on the town square, a comparable unit is priced at AED 100k. As a result, each region is extremely attractive alternatives for those who needed to depend on areas that are similarly away including Mirdif and Al Warqa’a which offer properties at a similar price factor.
Why is Expo 2020 Important?
Dubai expo 2020 projects covering over 145 square km and shortly to be the official site for Expo 2020, Dubai South is one of the most formidable Dubai off-plan projects in the real estate marketplace. It is the actualized vision of His Highness Sheikh Mohammed bin Rashid Al Maktoum.
The upcoming projects for Expo 2020 is Dubai South divided into 6 main districts specifically, Residential district, Logistics district, Aviation district, Humanitarian district, golf district (Emaar South) and the Exhibition district (EXPO 2020 website online). These 6 districts surrounding the new Al Maktoum International Airport which becomes the world’s biggest airport. This master-deliberate project is a fully integrated city in itself, with each industrial and residential properties which can be followed via world–class services. it will be linked by way of the new metro line route 2020 making it accessible to the opposite parts of the city. it’s also a free zone region catering to entrepreneurs looking to move to Dubai.