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Home - Real Estate - Eric Trump Praises Dubai as a “Developer’s Paradise” Amid Multi-Million-Dollar Real Estate Projects
Real Estate

Eric Trump Praises Dubai as a “Developer’s Paradise” Amid Multi-Million-Dollar Real Estate Projects

Trump’s son highlights Dubai’s appeal for pushing the boundaries of real estate development and attracting global investors
Victoria DickinsonBy Victoria DickinsonSeptember 28, 20242 Mins Read
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What To Know

  • Speaking in an interview with Arabian Business, the Republican nominee for US president noted that Dubai is the type of place that makes it possible for developers to build memorable buildings, which makes it the perfect location for high risk real estate projects.
  • In the lifetime of this grand city, this is the time for developers ‘build something incredible’ and this is the location to do it, according to Eric Trump.
  • He also said Dubai can be compared to New York, Las Vegas, or even Monaca where it is possible to find a place for everyone starting from a tourist to a representative of the Fortune 500 company.

Florida-based real estate firm Globe Trade Centers, in which Eric Trump has a stake, is opening two new offices in Dubai, an area his son referred to as `a developer’s dream. Speaking in an interview with Arabian Business, the Republican nominee for US president noted that Dubai is the type of place that makes it possible for developers to build memorable buildings, which makes it the perfect location for high risk real estate projects.

In the lifetime of this grand city, this is the time for developers ‘build something incredible’ and this is the location to do it, according to Eric Trump. His comments were made following the launch of the new Trump Tower in Dubai that is being undertaken with Dar Global. This new construction will also include a super high-end club named The Trump Private, hotel, and, of course, luxurious living spaces — once again putting another monstrosity to the skyline of Dubai.

Indeed the Trump organisation has had successful ventures in Dubai before but this current project demonstrates further expansion towards the Arabian Gulf. In addition to the Trump Tower, two other ventures have been announced in the region: an equivalent Oriental styled $500 million facility for a golf resort in Oman and another tall tower in Dubai. These projects demonstrate how the Trump brand is establishing itself into the Middle Eastern regions.

Eric Trump also had good things to say about Dubai and Oman which he termed as the “jewels of Middle East”. He said, “They’ve just done a hell of a good job with infrastructure and security. Surprisingly, albeit expectedly, there is no theme of perversion or evil in Dubai hence my summary of Dubai as a haven of safety, hygiene, free enterprise, and commerce.

He also said Dubai can be compared to New York, Las Vegas, or even Monaca where it is possible to find a place for everyone starting from a tourist to a representative of the Fortune 500 company.

 

 

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Victoria Dickinson
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Victoria Dickinson is a seasoned journalist at Dubai.News, specializing in real estate and business news. With over a decade of experience in the industry, Victoria has a keen eye for market trends and an in-depth understanding of the economic factors influencing the real estate sector. Based in Dubai, she provides insightful analysis and comprehensive coverage of the region's dynamic property market, from luxury developments to emerging business hubs. Victoria's background in economics and finance, coupled with her passion for storytelling, allows her to deliver news that is both informative and engaging. Her articles not only inform but also help readers make well-informed decisions in the competitive real estate landscape. Outside of her professional work, Victoria enjoys exploring Dubai’s diverse neighborhoods and attending industry events to stay ahead of the latest developments.

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