Nabil Alkindi, CEO, Dubai South Properties • Interview

Nabil Alkindi

CEO, DUBAI SOUTH PROPERTIES

Is Dubai’s real estate market shifting to a new profile of investors or buyers?

This is a dynamic situation, and every year will be different. Now, we see population growth of around 5%. There are currently 500,000 homes here, and every year, we must add 25,000 units if we are to accommodate a 5% annual increase, which is close to USD30 billion. When there was 7% growth in 2018, we saw a market size of around USD40 billion. every level of our product offering. We have our own engineering and architectural studios, and this allows us to craft every detail with elegance and precision.

What can you tell us about Sobha’s focus on innovation?

We have a quality department that focuses on bringing the best techniques and practices to our operations. We never rest on our laurels and never will. With every new building and project, we strive to further optimize and improve our practices. We are always raising the bar for ourselves, which is a truly exciting component of being in this industry.

How will your new office in London enhance your international brand?

units needed every year to accommodate 5% population increase