Expo 2020
Dubai Expo 2020 is expected to attract 25 million visitors,
70 per cent of which will be from overseas.
Dubai has earned the honor of hosting World Expo 2020, becoming the first city in the Middle East to host the prestigious international event. The World Expo, which is held every five years, is set to have a huge impact on the city's property values and hotel industry, not to mention creating a wealth of jobs and business opportunities. In addition to preparing the site of the World Expo 2020, Dubai is working hard to make the rest of the emirate ready for the massive influx of visitors that will be making their way to the region in 2020. Experts predict that 25 million travellers will land in Dubai during the event’s half-year stretch. These preparations include expansion to Dubai’s airports, the development of new theme parks, and enhancements to the retail sector.