Agent Kamil Magomedov Sells 3 Buildings in Record Time at Expo City!

February 12, 2025

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Dubai Market Trends & News

Three Buildings, Seven Hours—Another Record in the Bag! Our relentless pursuit of excellence has once again pushed boundaries, proving that when determination meets expertise, nothing is impossible. 

In a remarkable achievement, Provident Real Estate’s top agent, Kamil Magomedov, has set a new industry benchmark by securing the sale of three entire buildings in just seven hours at Expo City. This milestone not only highlights the surging demand for prime properties in Dubai but also cements Expo City’s position as a premier investment destination. Let’s find out more about the ground-breaking transaction.

A Historic Sales in Dubai Real Estate 

Dubai has witnessed numerous high-profile real estate deals, yet the swift sale of three buildings in a single day is unprecedented. Expo City, one of Dubai’s most rapidly developing commercial and residential hubs, is now at the forefront of investor interest, driven by its exceptional growth potential.

Recognizing the opportunity within Expo City’s limited inventory and increasing demand, Magomedov successfully facilitated this landmark transaction. 

“This is a defining moment for Dubai’s property sector. With supply constraints and an overwhelming demand, Expo City offers one of the most lucrative investment opportunities in today’s market. The projected rental yields of 13–16% significantly exceed the city’s average, making it a prime choice for investors.” the Provident Real Estate agent remarked. 

With just 1,100 units available across Al Waha Residences, Mangrove Residences, and Rove Hotel, the market is all set for further expansion.

Expo City: The Future of Dubai’s Real Estate Market

As Expo City continues its transformation into a global business and lifestyle hub, its strategic importance is becoming increasingly evident. Set to house the new World Trade Centre by 2026, Expo City already attracts 2.5 million visitors annually and hosts over 300 events each year.

Looking ahead to 2032, the district is projected to host more than 600 annual events and welcome over 6 million visitors, further driving demand for residential and commercial properties. The upcoming Sky Residences and Sidr Residences developments will introduce another 1,000 units by 2028, yet even this expansion may fall short of meeting demand, especially during peak periods, when 8,000–10,000 attendees are expected.

Expo City: The Future of Dubai’s Real Estate Market

Top Reasons to Invest in Expo City Dubai

Dubai’s real estate market has long been a preferred choice for global investors, but Expo City’s unparalleled potential is setting new benchmarks. Key factors fueling investor interest include:

  • Exceptional Rental Yields: With projected returns of 13–16%, Expo City offers one of the highest yield potentials in Dubai.
  • Limited Availability, Strong Demand: The current inventory is significantly lower than projected demand, making early investments highly strategic.
  • Strategic Location & Connectivity: Home to the Dubai Exhibition Centre and the upcoming World Trade Centre, Expo City offers seamless access to key business districts.
  • Government-Backed Expansion: With substantial public and private sector investment driving growth, Expo City Master Plan ensures sustained success for the district.

For those seeking high-yield, future-ready investments in Dubai, the time to act is now—before demand outpaces supply.

Stay ahead of the market with Provident Real Estate, where we continue to set new standards in Dubai’s property sector.

For more information, get in touch with us at Provident