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The Dubai Property Festival is being held in a partnership between the Real Estate Investment Management and Promotion Centre, the investment arm of the Dubai Land Department, and the International Property Show.
The festival will witness the 'Mega Property Sale', which is intended to provide opportunities for investors to benefit from exclusive discounts and promotions, as well as low interest rates. The event will be held on the sidelines of the International Property Show.
The festival also features a Brokers' Village offering exclusive deals at best prices from developers, an Investor Lounge, workshops and training sessions, and a property auction.
Sultan Butti bin Mejren, director-general of DLD, said: "We expect the Dubai Property Festival to attract a high number of attendees, underscoring the vitality of Dubai's real estate sector, its global attractiveness and its sustainable growth, which will attract more capital. This is the main objective of the festival."
Majida Ali Rashid, assistant director-general and head of the Real Estate Investment Management and Promotion Centre, said: "The festival will open up new opportunities for investment as it will attract hundreds of real estate professionals and stimulate the real estate sector."
According to Dawood Al Shezawi, head of the Dubai Property Festival organising committee: "The festival will offer discounts and exclusive promotions for 3 days, with developers providing special rates, reasonable introductory payments and lower registration fees. Free legal services and consultations will also be available, as well as a property auction. Banks will offer exclusive promotions, including no registration fees or service charges, and customers can receive pre-approvals during the festival at discounted rates."
- deepthi@khaleejtimes.com
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