The real estate market in Dubai is growing at a very fast pace as owning a property in the city has become a status symbol for the rich and the celebrities as well. Dubai has turned into a global business and tourism hub and many real estate business organisations want to take full advantage of this scenario.
Dubai-based real estate company ACUBE Real Estate has also planned to increase the number of their project launches especially in 2024 and 2025 for the purpose of dealing with the surge in demand of residential and commercial properties.
Ramjee Iyer, Chairman and Managing Director of ACUBE, talked about the plans of his company for the next two years. He said, “Our development strategy for 2024 and 2025 is poised for significant growth. In addition to the ongoing Adhara Star development, we have plans to launch one more substantial project by the end of 2023.”
He further added, “At present, our focus remains on Dubai development projects. We will achieve our current development targets first before we explore other markets.”
The company is also planning to launch 3-4 luxury apartment projects in 2024 and 2025 and Ramjee Iyer is quite confident that the real estate market of Dubai will be optimistic and there will be constant demand from both local and international investors.
ACUBE Real Estate’s Adhara Star is their ambitious project which will be ready by 2025 and the company is projecting it as a haven for luxury and comfort.
If you want to invest in Dubai, we feel you should start researching and make the move.