Michael Owen discusses his property investments with The First Group

“In the years that I have been with them, The First Group’s achievements have exceeded my expectations. I strongly believed in the huge potential of the region, but even I have been surprised by the scale of Dubai’s growth.”

Michael’s TFG portfolio: The Diamond, The Spirit and The Bridge in Dubai Sports City, Wyndham Dubai Marina in Dubai Marina.

Why The First Group?

Invest in the world's most exciting city.

The tallest building on earth. The largest man-made island in the world. Home to the world's only seven star hotel. Dubai is a city that believes the impossible is just the beginning. While many parts of the world continue to struggle, Dubai is not only enjoying a full economic recovery but the city is also making extraordinary plans for an even more exciting future. The property and tourism sectors are driving impressive GDP growth while a secure political system and Dubai’s reputation as a safe haven continue to attract the highest echelons of foreign talent and investment.

Hotel Industry Growth
Meeting the demands of a booming tourism industry

Occupancy rates. In 2016, Dubai’s hotels attracted 14.2 million tourists, a number that is expected to increase for 2018. The Dubai Department of Tourism and Commerce Marketing (DTCM) announced its tourism vision for 2020, which stands at 20 million tourists a year*. This suggests tremendous growth for the hotel sector.

* Source: Dubai's Department of Tourism and Commerce Marketing (DTCM)

High growth. Airport arrivals exceed 78 million in air traffic in 2016, an increase of 10.7% compared to 2015, supporting the demand for hotel accommodations*. Dubai International Airport is the busiest airport in the world for international visitors two years running. The positive upward trend in tourist arrivals has continued into 2017 and is reflected in the improved hotel performances around the city.

* Source: Dubai's Department of Tourism and Commerce Marketing (DTCM)
Introducing the Dubai Hotel Investment Report
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