Dubai is one of the world's fastest-growing business and tourism hubs. In 2020, the city will host the World Expo, which is expected to attract 25 million business and leisure visitors. Most established international corporations open their regional representative offices in Dubai, creating hundreds of thousands of jobs for specialists catering to a broad range of industry sectors from all over the world. Demand for residential and commercial property is rising steadily as a result.
Every year more than 10 million people visit the vibrant city of Dubai and by 2020, this figure is set to double to 20 million, according to the Dubai Government. Demand for hotel accommodation is therefore growing at a fast pace, outstripping inventory supply. This presents opportunities for savvy investors to get a foothold in the burgeoning property market.
The First Group boasts 30 years of property development experience and offers investment opportunities in properties and sub-markets with strong growth potential. The company's main competitive advantage is its focus on hotel property developments, which historically generate high returns on investment.