Several new theme parks currently in development are predicted to boost the Dubai timeshare industry by 50 percent in 2017. The three new theme parks, expected to be open by the end of 2016, will draw millions more tourists to the Emirate city, which will in turn cause the timeshare industry there to double its growth.
Dubai has several attractions planned to boost its tourism numbers, and is prepared to spend billions to do so. Three theme parks will be the first to open—Motiongate, Legoland Dubai, and Bollywood Parks.
Motiongate is a Hollywood-themed attraction that will feature rides and exhibits based on popular movies from DreamWorks and Sony Pictures. Legoland Dubai will simply be an extension of the theme park chain already in California and Florida. Bollywood Parks will function more as an entertainment destination that focuses on famous Bollywood films and the cinema culture of India.
Another planned attraction is Dubai’s 6.4 billion-dollar Mall of the World. Billed as the world’s first temperature-controlled city, the 8 million square foot shopping center will include a covered theme park, hotels, cultural celebration districts, and thousands of stores and vendors. While the project is still 10 years away from being completed, it will attract an estimated 180 million visitors per year.
With all these new attractions that will morph Dubai into one of the most comprehensive vacation destinations in the world, the timeshare industry in the Middle Eastern nation is expected to take off. Currently growing at 15 to 20 percent per year, Dubai timeshares will grow by 50 percent per year starting in 2017.
The rise in popularity of Dubai timeshare resorts is mostly due to the city’s evolution into a major travel destination. Like New York, London, or Paris, travelers may find themselves wanting to revisit Dubai each year to find new things to do and see.
With the rise of Dubai timeshares imminent, the cost of vacation ownership packages in the city are likely to start rising. However, you can find amazing deals on Dubai timeshare resales right here on SellMyTimeshareNow.com. Resale units are priced up to 70 percent below developer prices, and can save you thousands on your trips to the UAE.
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