Dubai expo 2020
There are a lot of questions about what lies beyond the World Expo 2020. Nearly Dh39 billion in investments is expected to be poured into the event, according to the Dubai Department of Tourism and Commerce Marketing, while Deutsche Bank has estimated Dh158 billion will be required to upgrade the emirate's infrastructure for the event. However, many are wondering what will happen when the world's attention is drawn away from Dubai after the Expo. In particular, how will the real estate market re-act? Will it sustain itself beyond 2020? Some are maintaining an optimistic, albeit cautious, outlook such as market analyst JLL, which doesn't believe another bubble is on the horizon. JLL also expects the Expo 2020 to have a positive impact on Dubai's economy. ultimately benefiting the real estate market. That said. JLL's It is imperative for the government and private sector to view 2020 as a fresh start and a platform for Dubai and the UAE to soar to new heights, ...