Money and business

Standard sales and strong growth expectations dominate developers at the IPS 2025

Dubai, April 15 / WAM / A number of real estate developers participating in the twenty -first session of the International Real Estate Investment Exhibition “IBS 2025” stressed the importance of the event as a strategic platform for reviewing real estate projects and exploring growth opportunities in the Dubai Real Estate Market, which continues to establish its position as a global center for investment and sustainable development, driven by strong demand and innovative initiatives.

Andrea Noosira, the administrative director of the “Riborag Real Estate” group, revealed the record of sales exceeding one billion dollars during the first quarter of 2025, and aims to reach 3 billion dollars by the end of the year, as the Dubai market represents 35% of its total sales in the UAE, or more than 1.2 billion dollars.

“Reportage” is participating in the exhibition with a number of prominent projects, including the “Verdana” project at the Dubai Investment Complex, “Riborag Hill” and “Barry”, in addition to completed projects such as “Rokan” and two new towers, where the company focuses on developing units within the middle category at competitive prices while maintaining innovation.

For his part, Kamran Farouk, commercial director of the “Samana” real estate company, which was the seventh largest real estate developer in the Emirate of Dubai last year, stressed the keenness to keep pace with the accelerated momentum witnessed by the real estate sector in Dubai.

He said that “Samana” was presented, during her participation, a new project inspired by the Maldives; Pointing to the diversity of the base of buyers, especially from the international markets, in light of the challenges taking place in some global economies, which enhances the attractiveness of Dubai as a stable investment destination.

Farouk expected that the market will witness strong growth during the years 2025 and 2026, with the continued demand for projects that provide units at reasonable prices and flexible payment plans, stressing at the same time that health competition supports balance in the market, despite the need to be careful of some newly emerging companies.

In the context of innovation and sustainability, Marwa Nahlawi, General Manager of “Diamond Developers”, affiliated with “See Holding”, revealed the “Sustainable City 2.0” project, which represents the new generation of sustainable cities based on artificial intelligence techniques to enhance the efficiency of infrastructure and quality of life in future societies; She said that the project comes ten years after the launch of the first sustainable city in Dubai, noting that the success of previous experiences in Dubai, Sharjah, Abu Dhabi and the Sultanate of Oman contributed to building extensive confidence among customers, which led to early interest in the “Sustainable City 2.0” project.

Nahlawi confirmed the company’s commitment to providing units at competitive prices in line with market rates, noting that the project reflects the “Diamond Developrs” vision in the leadership of smart and sustainable cities.

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