Dubai-Based Broker Sells Out Three Full Buildings in Under Seven Hours Amid Surging Demand at Expo City
DUBAI, AE / / March 14, 2025 / In a groundbreaking real estate achievement, Kamil Magomedov, a leading real estate investment broker and advisor in Dubai, has successfully sold three full buildings in less than seven hours at Expo City, the city's most attractive investment hotspot. This record-breaking transaction underscores Expo City's growing significance as a premier destination for real estate investors.
Expo City is set to transform into Dubai's new World Trade Center hub by 2026, drawing immense attention from international investors. With a projected annual footfall of 2.5 million visitors and over 300 major events per year, the area presents a rare investment opportunity. By 2032, the expansion aims to host 600+ events annually, attracting more than 6 million visitors.
"Expo City is undergoing an unprecedented transformation, making it one of the most attractive real estate investment opportunities globally. This level of demand, combined with a constrained supply, has created a lucrative market for investors seeking high rental yields," said Kamil Magomedov, a real estate expert and advisor specializing in investment opportunities and branded residences in Dubai.
Currently, Expo City offers approximately 1,100 units across Al-Waha Residences, Mangroove Residences, and Rove Hotel. By 2028, Sky Residences and Sidr Residences will add another 1,000 units, bringing the total to just 2,100 units-far below the demand needed to accommodate Expo City's growing visitor base. Starting in 2026, Expo City will require at least 4,000 units to support 8,000-10,000 event attendees. This demand-supply gap presents investors with a projected 13-16% rental yield, significantly higher than the market average.
The recently launched Al-Waha Residences, featuring low-rise boutique buildings (G+1, G+2) with 10 to 50 apartments each, has quickly become the preferred choice for investors. The option to acquire entire buildings for short-term rental conversions near Dubai's biggest upcoming business hub has fueled rapid sales. In fact, full buildings are selling faster than individual units, reflecting a strong investor appetite for high-yield, flexible real estate assets.
Expo City's unmatched infrastructure, strategic location, and the Dubai World Trade Center's move to the area are solidifying its status as one of the most attractive real estate destinations for global investors. The combination of limited supply, increasing demand, and significant infrastructure investments makes it a high-growth investment hotspot.
To provide further insights, Kamil Magomedov has launched an educational video series on his YouTube channel aimed at helping investors understand the real estate market in Dubai. In his latest video, he explains the logic behind this investment opportunity in detail, offering expert analysis on why Expo City presents such a compelling investment case.
Kamil Magomedov is a prominent real estate investment broker and advisor in Dubai, specializing in high-value investment opportunities and branded residences. As part of Provident Real Estate, a Tier 1 real estate agency in the Middle East, Kamil leverages his extensive background in investment strategy, urban planning, and government advisory roles to identify high-growth real estate opportunities before they become mainstream. Previously, he served as CEO of an investment group, an advisor to Forbes Russia's CEO, and Minister of Investment in one of Russia's regions. He also played a key role in developing a master plan and strategy for a new city in Russia's Far East.
Investors interested in Expo City opportunities should act fast. To secure a prime real estate asset in one of Dubai's most promising investment hubs, contact Kamil Magomedov today.
For media inquiries and investment opportunities, please contact:
Kamil MagomedovProvident Real EstatePhone: +971501610143YouTube: Kamil Magomedov Real EstateInstagram: @kamilmagrealestateemail: kamil@providentestate.com
SOURCE: Provident Real Estate
View the original press release on ACCESS Newswire
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