Dubai Expo 2020 is expected to be a festival of human ingenuity based on the theme ‘Creating Minds – Connecting Future’. The first Dubai expo event was held in 1851 and is now held after every four years. The aim of the event is the same from the very beginning – showcasing the possibilities with new and innovative ideas and modern technology.
What Is Expo?
Expo is an event celebrating human ingenuity. It is an event where people from across the globe participate to share ideas, innovations and encourage collaborations. The first expo held in 1851 was held at Crystal Palace in London and displayed about 10,000 objects showcasing real estate revolutionary inventions.
Dubai Expo Location
The location where Expo is held is Dubai South which is close to Al Maktoum International Airport. The size of this place is 4.38 Square kilometers and has four entrances. For facilitation, the Dubai Metro Route 2020 is planned to take 46,000 passengers in an hour to and from the Expo location in under 16 minutes from Dubai Marina.
Attractions For Visitors
Al Wasl Plaza will be the center of attraction in Expo 2020. It is aimed to bring together the theme of Expo 2020 which is ‘’Connecting Minds, Creating The Future’ while the opening and closing ceremonies of Dubai Expo 2020 are to be held here.
The first look of Al Wasl Plaza is given to public. A dome is set to project pictures of thousands of visitors expected to join the event from both inside and outside. The height of the dome will be 65 Meters with a diameter of 150 Meter.
Selling Real Estate At Dubai Expo 2020
Dubai luxury real estate market is gearing up for the upcoming Expo. Dubai real estate market has witnessed a constant fall over the last 4 years, after the decline in oil prices. However, the International fair, Expo 2020 is promised to bring around 25 Million visitors from across the world to Dubai in the hopes of increased chances of foreign investments.
As for affordability factors, experts suggest that real estate market might overcome the market loss due oil price crash after Expo 2020. Hence, anyone looking for a property to invest in, be it an apartment for sale in JVC, apartment for sale in Downtown or business space in Jumeirah, now is a good time to buy.