Dubai Remains a Hotspot for Property Developers

Here Are The Reasons Why


Dubai has remained one of the most interesting and active markets for construction and property development in North Africa and the Middle East regions. It has managed to retain this status thanks to its robust economy, increasing interest from investors, as well as a strong tourism.

There are several events that are expected to even cement Dubai’s standing in the field of property development. For instance, there is the Expo 2020 that is taking place in the city. There is also the stabilisation of the prices of oil as well as the drive among member countries in the GCC that is aimed towards achieving diversification in the economy, along with improving the living standards in the area. All these are things that are expected to play a crucial role in the awarding of contracts in the construction industry.

Economic growth is also expected to even be better this year. This means that there is going to be an increased activity in the construction field across the board. The project announcements which developers have initiated from the previous years and are still going on until now are expected to trigger a considerable increase in construction activities.

Data from BNC Network reveals that a total of 801 construction and development projects are presently in tendering state. Overall, they are going to have a total worth of Dh117.44 billion. This is expected to serve as a really robust pipeline of the awarding of projects in the future.

Many experts have attributed the impressive performance of the property sector in Dubai to the economy’s positive growth. This involves many of its core sectors which include hospitality, retail, finance, logistics, and aviation.


It is a global hub not just for tourism but for business too. It attracts not just professionals but investors as well. These are people that hail from all over the world. The need of these people to have residences that are nothing short of world-class has helped drive the demand in the Dubai property sector.

High return on investment is also another reason why the real estate market in the city is flourishing. The sector is maturing as the population in the country constantly increase each year. Investors are closely watching this development in the demographic growth and are taking the necessary steps to ensure that they are purchasing property as early as now so as to supply the increase the boost in the demand for rent.


It is also notable how there is low crime rate in Dubai. Investors will appreciate the sense of safety that investing in the city brings. With minor crimes being unlikely, investors are even more encouraged to come and put their money down since they know that the place does not only offer a good ROI, but an overall feeling of safety as well.

Watch the video below to know more.

Learn more about the benefits of investing in property development in Dubai by reading more about Junaid Iqbal Memon online. You can also visit Junaid Iqbal Memon website here.



Green Building Investment

Meeting Both Financial Value and Social Impact


More and more attention is being extended towards investments in more environmentally-friendly and green buildings. However, while it is necessary for these projects to be able to produce a value that is financially measurable, it is also necessary to remember the need for them to have the necessary social impacts.

In the early parts of the 90s, there began a shift to construction paradigm all over the world. This is when the United States decided to include sustainability into their building sector. These days, the concept is not just something that is isolated in a single country or region or culture alone.

There is more to sustainable construction, green building, and sustainable building than just finding ways to cause less harm to the environment when compared to traditional construction. Instead, it has something to do with getting resources optimised while at the same time, being responsive environmentally, financial, and socially all throughout the building’s lifecycle. This spans from its design, construction, and operation, management and renovation, as well as deconstruction. Every new construction, regardless of whether it is a business tower, a school, an industrial building, or a recreational facility can be designed to integrate communities, buildings, and cities in a socially responsible and efficient manner.

Being one of the cities with the fastest growth rate in the world, all the community developments in the UAE should ensure that sustainability is going to be integrated into them. Dubai aims at solidifying its goal of becoming one of the world’s happiest countries by the year 2030 and sustainability is one of the necessary steps to achieve this. In its Municipality report for 2016, Dubai defines it as how people should act, either together or individually, to preserve, protect, as well as propagate the environment, as well as share technologies and insights for developments in the future. All this while taking steps to reduce the burden on the planet.

The UAE government has remained committed to enact new policies as well as standardise specifications to achieve this. It understands that the inroad towards achieving sustainable building will continue to be an uphill climb if the private sector is not going to take fervent steps towards achieving it. Policies like these need to be adopted permanently as the standard practice for designers, developers, owners, investors, as well as tenants.

It is also a fact though that achieve these objectives can be quite a challenge, especially in the real estate industry. This is due to the fact that the sector is often bent towards maximising their returns and profits more than paying attention to long-term environmental and social aspects. Developers do have an ethical responsibility to fulfill towards ensuring that an approach of life cycle engineering is integrated into their every undertaking. This then obliges them to take on the sustainable approach for all of its elements and resources.

Watch the video below to know more.

Learn more about the sustainable property development by checking out Junaid Iqbal Memon and read more about Junaid Iqbal Memon online.


Welcome to Junaid Iqbal Memon Blog

Here we will feature the latest updates and news about Junaid Iqbal Memon and his work in property developments and real estate. If you are interested in buying or investing in property, make sure to check back on this blog.


Junaid Iqbal Memon has always been business-minded. His early exposure in a family of business-oriented individuals made him privy to techniques and strategies that he has since made use of in the numerous entrepreneurial projects he ventured.

It was in 2014 that he decided to establish his company focusing on property developments. He already has a number of residential projects to his credit. At present, he is based in London where he manages and owns a number of properties and business in the UK, Dubai, and India.

To know more about Junaid Iqbal Memon, check him out online and connect with Junaid Iqbal Memon on Linkedin.