Pakistan Emerges as Prime Investment Destination, Say Real Estate Developers at Dubai Property Show

DUBAI: Pakistani real estate developers and representatives showcased a range of commercial and residential investment opportunities at the 21st International Property Show (IPS) in Dubai, emphasizing strong returns and international potential. Several Defence Housing Authority (DHA) projects from across Pakistan participated in the event, leveraging the platform to build global partnerships and attract foreign investment.

Chaudhary Azhar Munir, Administrator of DHA Quetta, highlighted the immense potential of the Quetta market, citing its proximity to the airport and CPEC routes. Spanning nearly 19,000 acres, the project includes a 600-acre economic zone. Munir revealed plans for a solar park in collaboration with Chinese firms to ensure greener and more cost-effective energy. DHA Quetta also signed an MoU with a UAE-based firm during the event and has already partnered with Qatar’s Metas Trading Ltd. for residential construction.

Representing DHA Gujranwala, Ehtesham Fiaz of Rana Estate & Builders referred to the project as part of a “golden triangle” due to its proximity to industrial hubs like Sialkot, Gujarat, and Mandi Bahauddin. The 9,500-acre development is already partially inhabited, and international attendees at IPS showed keen interest in its investment potential.

Unlike the other DHA projects, Malir Industrial Park focused solely on industrial development. Chief Engineer Col. (R) Atif Gulzar Shaikh described the 2,200-acre gated park—launched in December 2024—as a state-of-the-art facility offering sustainable infrastructure near key highways and Karachi ports. The project supports the UN Sustainable Development Goals, ensuring zero untreated waste discharge and sector-based clustering for operational efficiency.

The exhibitors’ presentations resonated with visitors. Bee Mearini of Elite Property, Dubai, noted the industrial park’s location would benefit clients sourcing raw materials from Pakistan. She emphasized that IPS provides a valuable platform for networking with developers and exploring off-plan opportunities.

The IPS 2024 edition was held at the Dubai World Trade Centre from April 14 to 16, attracting over 300 exhibitors from 85 countries and more than 25,000 visitors. This year’s event coincided with the unveiling of the Dubai Real Estate Sector Strategy 2033, which aims to boost the city’s global real estate standing through transparency, innovation, and sustainable investments.

According to property consultancy Better Homes, Pakistanis ranked among the top five real estate buyers in Dubai in 2024.