Credits By: LinkedIn
During the 75th CA Day celebration organized by the Institute of Chartered Accountants of India (Dubai Chapter) at the Investment and Real Estate Summit on July 8, CA Ankur Aggarwal, CEO and Founder of Bricks n Woods Real Estate, delivered a captivating speech on investment opportunities in UAE real estate.
The event, attended by 800-1,000 high-profile chartered accountancy professionals, was a grand affair, showcasing the commitment of the ICAI Dubai Chapter to fostering professional development and networking opportunities within the financial industry in the UAE.
CA Ankur Aggarwal’s speech was a revelation for the guests, providing insights into the untapped potential of the UAE real estate sector. With a focus on Abu Dhabi, Dubai, and Ras Al Khaimah, Aggarwal highlighted these emirates’ key economic indicators and visionary aspirations. He particularly emphasized Dubai’s magnetic appeal as an oasis of opportunity for real estate investors, offering a dynamic market with diverse commercial and residential properties that promise substantial returns.
Aggarwal’s discourse unveiled four elite investment frontiers within the UAE real estate landscape:
- Developer Model: Investing in carefully selected land parcels and strategically planning residential or commercial buildings to meet market demand driven by the UAE’s growing population and thriving business environment.
2. JV Partner Model: Leveraging the local knowledge and resources of trusted partners through joint ventures to explore a world of possibilities and unlock synergistic opportunities.
3. Underwriting Model: Aggarwal recommended the underwriting model for risk-averse investors seeking security and transparency, where investments are made in meticulously vetted projects with guaranteed returns.
4. Marjan Island: Aggarwal painted a captivating picture of Ras Al Khaimah’s Marjan Island, presenting it as an exceptional investment frontier with a harmonious blend of residential, commercial, and leisure properties, offering diversity and long-term growth prospects.
Overall, Aggarwal’s speech provided invaluable insights into the thriving real estate market of the UAE, empowering investors with ideas to make informed choices in their investment decisions. Aggarwal’s message reinforces that the UAE’s real estate sector is a beacon of opportunity with limitless potential as global investors seek exceptional returns.