DWC to explore UAE capital's $327bn property market

The annual networking exhibition focusing on all aspects of the property development cycle is a key event for DWC's property portfolio showcase as the city-within-a-city expands its sales horizon.

Khalid bin Harib, CEO, DWC Real Estate said:

'Dubai World Central Real Estate has something to offer every regional and international investor, property developer, leading architects and designers from Abu Dhabi and around the world. While the 8.6 square kilometre DWC Residential City provides housing for the mid-income segment, the 14.5 square kilometre huge DWC Commercial City has a mixed-use commercial, business and residential development. The 15.8 square kilometre DWC Golf City is aimed at the premium segment so the project has over 10,000 villas and 15,000 townhouses weaved into the masterplan'.

Between now and 2015, new Dubai will witness nearly 40 square kilometres added to its urban land ratio through all DWC's real estate options.

'Cityscape Abu Dhabi attracts the very best in real estate, architecture, urban planning and design - all components that make up DWC's master plan,' explained Abdulla Al Falasi, DWC's Marketing and Corporate Communications Director.

'The Middle East has been witnessing robust growth in its non-oil sectors, with the real estate market making a significant contribution to these impressive statistics. In Abu Dhabi alone, the UAE capital projects proposed, planned or under construction total $327bn and we hope investment in DWC by Abu Dhabi based developers can add to that figure'.

DWC is providing a real estate platform for hospitality and leisure operators to construct their properties in new Dubai which will be home to Al Maktoum International Airport, set to be the world's largest international airport'.