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Expo City Dubai Unveils Master Plan for Indian Investors

Expo City Dubai Unveils Master Plan for Indian Investors

BY Realty Plus
Published - Wednesday, 09 Oct, 2024
Expo City Dubai Unveils Master Plan for Indian Investors

Expo City Dubai unveils a transformative master plan, positioning itself as Dubai’s new epicenter for global business and innovation. Located in Dubai South, the development offers 3.5 square kilometers of prime office spaces and residential properties, ideal for expanding Indian investors.

Strategically situated adjacent to Al Maktoum International Airport—soon to be the world’s largest—and connected to Jebel Ali Port, Expo City is a gateway for Indian businesses to global markets. Indian Institute of Foreign Trade (IIFT) to set up first overseas campus at Expo City Dubai, strengthening UAE-India commercial and educational cooperation

Aligned with Dubai’s Economic Agenda (D33) to double the emirate’s economy by 2033 and the Dubai 2040 Urban Master Plan, the project emphasizes sustainable and inclusive urban growth.

The new master plan promises to be a game-changer for Indian enterprises and includes the establishment of the first overseas campus of the Indian Institute of Foreign Trade (IIFT) in an agreement designed to advance commercial and educational interests between India and the UAE.

Strategically located in Dubai South, this development features prime office spaces and residential properties, providing a compelling opportunity for Indian investors who have been steadily increasing their presence in Dubai’s economic landscape. The area’s connectivity, adjacent to Al Maktoum International Airport—set to become the world’s largest airport—and linked to Jebel Ali Port, makes it an ideal gateway for Indian businesses looking to expand into global markets.

With more than 96,000 Indian businesses now operating in the UAE, Expo City’s free zone presents an exceptional opportunity for continued expansion. Additionally, Indian investors have become key contributors to Dubai’s real estate market, with Expo City’s new residential offerings providing an attractive opportunity for Indian families and investors.

IIFT, regarded as an academic centre of excellence in international business research, training and education, will establish a campus at the former Expo 2020 India Pavilion, working with Expo City Dubai on research projects and other knowledge-sharing activities focused on sustainability and innovation. Expected to move into the premises by early 2025, it will initially provide short- and medium-term training programmes and research initiatives. In the future, the campus will also offer IIFT’s flagship Master of Business Administration (MBA) in International Business.

Expo City’s emphasis on innovation aligns closely with India’s growing interest in Dubai as a technology and innovation hub. The city’s Urban Lab offers a platform for Indian tech companies to test and showcase advanced technologies, reinforcing Dubai’s role as a central player in the global innovation ecosystem.

The New Master plan plays a critical role in achieving the Dubai Economic Agenda (D33), which aims to double the emirate’s economy by 2033. Expo City Dubai is also one of the five hubs outlined in the Dubai 2040 Urban Master Plan, which focuses on sustainable urban development, vibrant, healthy communities, and increased green spaces.

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