NRIs remain top investors of “The World in a City” – themed multipurpose mega project arising in Dubai
UAE, November 4, 2015 – Falconcity of Wonders LLC, the developer of the Falconcity of Wonders (FCW) multipurpose mega project that is being built in Dubai, is set to discuss prime investment opportunities with Indian investors during its participation at the Dubai Property Show taking place from November 6 to 8, 2015 at the Bombay Exhibition Centre in Mumbai, India.
Falconcity of Wonders is a sprawling residential, tourist, entertainment and recreational complex occupying more than 41 million square feet. Formed in the shape of a Falcon, emblem of the UAE, the development features reproductions of world famous landmarks under the concept: ‘The World in a City’. Villas inspired by international architectural themes form part of the development’s over 5,500 residential units that come in various designs, locations and sizes. Commercial centers, a signature ‘Falcon Fun City’, family centers, sports facilities and schools are also included in the project’s master plan.
The Dubai Property Show is organized by Sumansa Exhibitions and being held in association with Dubai Land Department. The event will be attended by leading property investors from the business and commercial hub of India, which has been identified as Dubai’s biggest realty customer base. In addition, the event is expected to draw the participation of over 6,000 potential buyers. During the show, Falconcity of Wonders will be throwing the spotlight on its latest property offerings, alongside discussing the key features and benefits of investing in its various residential, tourist, entertainment and recreational components.
Mr. Alharith bin Salem Almoosa, Vice Chairman and Deputy General Manager, Falconcity of Wonders LLC, said: “The upcoming Dubai Property Show in India is an excellent opportunity
for us to directly bring our unique brand of real estate to a market known for its inclination towards Dubai investments. We will be able to enhance our communication channels and better determine which needs of Indian investors we can effectively cater to, and what appropriate actions and initiatives we need to take in response. We will be presenting some of our developments that make Falconcity of Wonders stand out amidst Dubai’s already-rich property landscape, which offers a diversity of opportunities for residential investments and ownership, commercial ventures and tourism linkages, among others. We aim to uplift Dubai’s stature as one of the world’s most important and promising tourism havens through the project’s ‘The World in a City’ concept.”
Nationals from India ranked first for foreign investment into Dubai properties during the first half of 2015, engaging in a total of 3,017 transactions worth AED 7.8 billion. Falconcity of Wonders and its creative blend of reproductions of world-famous landmarks, internationally-themed residences and modern living facilities is fast emerging as a highly preferred development of choice among Indian entrepreneurs looking to invest in the emirate.