In the United Arab Emirates, the Swiss real estate developer Fortimo unveiled its first residential build-to-sale project. Remo Bienz, the founder, co-owner, and board member of the Fortimo Group, claimed in an exclusive interview with the Arabian Business that speculative bubbles are avoidable and that the Dubai real estate market continues to be appealing.
Due to its continued growth, development, and expansion ambitions, Bienz stated, “We believe Dubai’s real estate market remains attractive. However, like any market, it’s crucial to monitor trends and ensure sustainable growth to prevent speculative bubbles.”
Given the wide variety of investors in the market, the business earlier this year introduced The Golf Residence, which is intended to accommodate the desires of various potential buyers.
According to Phillip Bienz, the founder, co-owner, and chairman of the Fortimo Group, “The project has been meticulously designed to cater to the diverse preferences of potential buyers,” such is the nature of the real estate market in Dubai, especially with a consistently rising trend supported by foreign investors. If you’re interested in exploring the opportunities in the real estate market, you can learn more about it on Sharjah’s freehold property market holds significant potential for investors and homeowners alike.
Dubai’s real estate industry continues to expand.
The residential market in the city is expected to be at its busiest this year, according to market forecasts. Over 50,000 apartments in the city were sold in just the first half of the year.
Dubai’s appeal as a global hub, coupled with strategic infrastructure projects, continue to drive demand,” Bienz said. “Dubai’s government has cultivated an environment that is highly supportive of foreign investors, making the process efficient and transparent.”
As seasoned real estate developer partners from Switzerland, we were astounded by how Dubai had developed from a sleepy village to a popular tourist destination. During the project’s initial unveiling, Bienz commented, “We are happy to be a part of this exciting city’s continued development and its dedication to creating exceptional living spaces for its citizens.
The city’s real estate market is likely to continue to surge at an upward trend, in terms of both purchases and rentals, due to anticipated demand in accordance with COP28, which is expected to draw over 70,000 people to the country.
