GoDubai
  
  
  
  
Citylife > Press Release
  Home Contact us Add to Favourites
Most Recent Postings
More Press Releses
Featured Sections

Event Finder
A daily roundup of exhibitions, promotions and other events in Dubai and the rest of the Emirates.
Submit an Event
Latest Dubai Press Releases >>

 
  Share

International Property Show 2017 to provide direct retail property transactions from 2-4 April 2017; Kuwaiti Investors buoyant on real estate

Dubai, UAE, 20 March 2017: International Property Show 2017, which will be held from 2-4 April 2017, at the Dubai World Trade Center, is expected to attract a wide range of visitors from Kuwait. This comes at a time Kuwaiti investors are more demanding realty investments in Dubai in the form of villas, apartments and offices.

In 2016, the number of Kuwaiti investors in Dubai's real estate market has increased to reach 770 investors as the volume of their investments touched AED 2 billlion according to Dubai Land Department (DLD).

At the same time, many reports issued by specialized institutions expected that the real estate market in Dubai will keep its growth in 2017. Cluttons Property Consultants expected that the infrastructure projects related to EXPO 2020 alongside other projects in the Emirate of Dubai will enhance the real estate market growth in the upcoming years.

“Dubai is a favorite destination for investors from Arab countries and especially from GCC for many reasons. Firstly, Dubai offers economic stability as result of the wise vision of the leadership, which makes the Emirate a safe investment oasis. The second reason is the diversity in the supply in the real estate market as a result of many giant projects as this provides investors with the possibility to choose the investments they need. The third reason is the dynamism of the property market in Dubai and the maturity it boasts,” said Dawood Al Shezawi, CEO, Strategic Marketing & Exhibitions, organizers of the International Property Show.

“Also, the ongoing efforts of the real estate market in Dubai as an international hub are a critical factor in making Dubai a premier destination for investors. International Property Show, which will start its 13th edition in April, is part of these efforts. It is the only of its kind that allows direct real estate deals, thanks to the authorization given by Real Estate Regulatory Agency (RERA), which means all the exhibiting companies have the right to receive down payments or full payments for the properties they sell. The show is the best real estate platform in Dubai in terms of attracting investors to get the best return on their investments,” added Al Shezawi.

This year's edition of International Property Show provides investors with golden opportunities to get investments in Dubai in the run up of EXPO 2020. The city is preparing for EXPO 2020 by launching big real estate projects, and issuing legislations that further attract real estate investors. The statistics issued by DLD shows that the value of the real estate transactions in the first 45 days of 2017 is AED 42 billion, which is almost half that of the real estate investments in 2016 which was AED 91 billion.

Al Shezawi stated that the real estate market in Dubai will keep its growth this year and in the upcoming years. The real estate investors from the GCC in general and Kuwait in particular will be an essential part of this growth according to Al Shezawi, because they are looking for safe, high return, and sustainable investments, and Dubai is an ideal place for such investments.


Posted by : GoDubai Editorial Team
Viewed 30226 times
Posted on : Monday, March 20, 2017  
Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of GoDubai.com.
Previous Story : Dubai realty showcase in Shanghai to attract Chinese investments
Next Story : Danube Properties Launches Eight Realty Project ‘Resortz'
Email this article Print this article

Share this article with your friends and followers
NewsVine

Comments

Back to Top  
Most Viewed Press Release posted in the last 7 days
Rimmel - Brow Squad: Don't Follow the Rules - Define Them
Parfums de Marly, Delina - From the perfumed court to personal fragrances
Marchon Eyewear, Inc. and Calvin Klein, Inc. Announce Renewal of Exclusive Longt...
Protect and Hydrate with Herbal Essentials
In The Spotlight at Paris Gallery - The Fragrance Edit
New Must-Have Beauty Products from GOSH this October
Skyline University College Signed a MoU with Sharjah Police Punishment and Corre...
Introducing the Rosie For Autograph Autumn Winter 17 Collection
Four UAE Designers Take Home LG Signage Design Award
Tissot Everytime Swissmatic
Panasonic Defines New Frontiers of Technology at GITEX 2017
His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum Experiences the Tr...
Western Digital showcases its industry leading and latest storage innovations at...
Ulysse Nardin: Marine Chronometer Annual Calendar Monaco
The iconic Rado Ceramica
Ulysse Nardin Classic Lady Dual Time
Actress Bhavana inaugurates designer Rehana Basheer's first outlet in the UAE
Al-Futtaim ACE Outdoor Furniture Collection
LPG Endermologie Offers A Chronobiological Slimming Gel
Carl F. Bucherer Patravi TravelTec II: Two Colors and Three Time Zones for Trave...
Understated elegance distinguishes the Sirius Regulator Jumping Hour from Chronoswiss
The Rado True Stratum - Exclusive new timepiece co-developed with Austrian desig...
du Wellness Expert Participates in Townhall Session to Inspire Corporates to Par...
His Highness Sheikh Khalifa bin Zayed Al Nahyan Issues Federal Law No. (8) of 20...
The great taste of Lavazza coffee now available in an instant!
Experience Emirati Soul Food at Mama Tani Café
Sharjah Police to Issue 150 Specialized License Plate Numbers in Online Auction
FixOnClick.com - A Services-Matching Platform to Help Fix your Services Need Eas...
Sète Port Authority and P&O Ports Get Ready for Start of Operations in 2018
Classic to contemporary, United Furniture unveils new bedroom sets
The Graham Chronofighter Vintage GMT is the tough guys' ticket to time travel
Huawei Ranks 70 on Interbrand's 2017 Best Global Brands Report
Dubai Customs: 70% of Carpet & Art area occupied
GUESS Autumn/Winter 17 BRITTA Handbags
Sharjah Tourism organizes a promotional tour in Saudi Arabia and Kuwait
Capital Club to Host Exclusive Dinners featuring Michelin Star Chef, Augusto Valzelli
Moving on Up! Saudi Arabia to Underline Status as Regional Food Manufacturing Fo...
Better Life launch premium range of large kitchen appliances from Siemens
Global Teachers' Forum ‘Qudwa 2017' Set to Raise Curtains in Abu Dhabi Under Pat...
Ali & Sons Audi unveils all new Q5 and SQ5 in Abu Dhabi and Al Ain
Esmod Dubai Opens New Branch in Dubai Design District
GUESS Launches Stunning Array of Collections for Fall17
Renault Middle East celebrates Saudi women in the driver's seat with model giveaway
Etisalat Showcases Digital in Mobility at GITEX Technology Week
EU Ambassador to the UAE to Inaugurate First Ever European Union Delegation to G...
Plentiful Cinema-based Activities Offered by SICFF 2017
Air Arabia opens new sales office and city check-in services in Dubai
Dubai International Motor Show in a league of its own with eye-catching line-up ...
Korea Pavilion, GITEX Technology Week 2017, Hall 3-4, Sheikh Rashid Hall
Saudi Arabia's Vision 2030 to transform businesses with tech investments worth S...