Nitin Bhatnagar, co-founder and president of Ellington Properties, a leading design-led boutique property developer, announces the company is planning multiple project launches in the upcoming period.
According to Bhatnagar, the property market has shown very positive signs since the ease of the Covid-19 pandemic towards the end of 2021. Moreover, he believes the UAE real estate market in general and the Dubai property sector, in particular, will remain strong in the upcoming period.
Bhatnagar said: “We are planning to increase our geographical footprint in the upcoming period. As of 2022, we are developing multiple projects in Dubai Hills Estate, which is our first. We are also working on a few other locations and this is all thanks to the sustained demand from our customers and investors.”
The UAE is increasingly positioning itself as a hub for tourism, leisure and major investments in the region. As the most important capital in the Middle East & North African region, Dubai has solidified its position as a leading city when it comes to new property developments and awe-inspiring architecture.
Moreover, the UAE has shown tremendous strength and determination in handling the COVID-19 pandemic while also successfully hosting the Dubai Expo 2020, which positively impacted the demand from investors and attracted visitors and residents from all around the world.
Bhatnagar concluded: “We are planning to launch several new projects in the upcoming period. As long as we have a quality product and are choosing prime locations, we believe our value proposition is bound for further and continual success.”
