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International Property Show kicks off

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International Property Show kicks off

Visitors tour pavilions at the International Property Show in Dubai on Sunday.

dubai - The event permits on-the-spot sales and transactions

Published: Sun 2 Apr 2017, 8:23 PM

Updated: Sun 2 Apr 2017, 10:26 PM

  • By
  • Staff Report

The 13th edition of International Property Show kicked off on Sunday in Dubai World Trade Centre. The show is being organised in conjunction with the Annual Investment Meeting.

Companies from varied countries are participating at the show, including UAE, Saudi Arabia, the US, Russia, China, Greece, Turkey, Egypt, Jordan and Morocco among many others.

International Property Show permits on-the-spot sales and transactions under one roof, as authorised by Real Estate Regulatory Agency (Rera).

Top-notch players of the UAE real estate industry are also showcasing their residential and commercial units at the International Property Show.

Dubai Properties is showcasing its range of offerings in residential and commercial real estate for end-users and investors.

"Dubai continues to be a favoured real estate investment destination, maintaining its status as a stable and mature property market. Supported by a buyer profile consisting of end-users, expats, long-term investors and first-time buyers, the market is less sensitive to external factors and encourages expat spending. Last year saw foreign investment in the Dubai real estate market reached an estimated Dh44 billion, from 22,834 investors spanning 136 nationalities, with Indian nationals leading the pack," said Masoud Al Awar, chief officer - commercial at Dubai Properties.

Real estate companies from Europe are also encouraging potential buyers with incentives and offers at the International Property Show.

- business@khaleejtimes.com



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