Dubai Expo 2020: On track to achieve 2 billion dirham sales revenue target for FY20, says PNC Menon of Sobha Group

CNBC-TV18 2019-10-23

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It's been a tough few years for Dubai's real estate market. A pronounced and prolonged period of tepid demand, sluggish sales and price-correction have been the low points of the Emirate's property market. However, recent data suggests that things might be changing in the run-up to Dubai's much-awaited Expo 2020. Home sales, data reveals they have already hit a four-year high in Dubai's summer months. CNBC-TV18's Jude Sannith spoke with the chairman of the Sobha Group, PNC Menon to discuss how this revival could impact the property market.

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