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 3721 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
Prada Luna Rossa Carbon
Bourjois: Blow a Kiss for Mother's Day
Introducing NEW Olay Regenerist Microsculpting Cream SPF30
Elizabeth Arden: White Tea fragrance
Elizabeth Arden: Eight Hour® Miracle Hydrating Mist
Celebrate Life's Key Moments with Mouawad Jewelry
Gucci Eyewear Spring/Summer 2017
IKEA Spreads Cheer on International Day of Happiness
Lose the Back Pain at Work
Clearly Corrective Brightening and Smoothing Moisture Treatment
World's Best Family SUV – the All-New Land Rover Discovery Makes its Debut in th...
SAINT HONORE introduces the first watch made out of steel from the Eiffel Tower
Grand Optics Celebrates 20 Years in the Middle East
Malabar Gold & Diamonds receives ‘Best Jewellery Brand Award' from India Bullion...
Bottega Verde Introduces The New Splendida Skin Care Line!
Re - Salons and Spas celebrate Women's Wellness on International Women's Day
Sharjah Museums to Open Unique Photographic Exhibition of Muslim Communities in China
Versace Fall/Winter 2016-2017 Collection Preview
TKD Lingerie: Top 5 lingerie trends from the past five years
QNET Celebrates World Water Day 2017 with HomePure
INSIGHT a natural inspiration, essential choice and passion for hair
Siemens to help develop Qataris' tech skills
Taste the best of the world at Lulu Hypermarket World Food Expo 2017
Hassan Al Qayedi, Afra Al Badi emerge champions in Fazza Championship for Shooti...
Etihad Airways Crowns Winner of ‘Taste the World' at Taste of Hong Kong
Celebrate the start of the spring with Lexus Select Event
New spa experience offers visitors to Beautyworld Middle East 2017 a memorable v...
Ulysse Nardin: Classic Sonata combining classical beauty with pure functionality.
Massimo Dutti Spring/Summer'17 Campaign – Summer Echoes
Malabar Gold & Diamonds' launched its 172nd showroom in Ballari, Karnataka, India
Dubai Chamber concludes high-level trade mission to India
Marks & Spencer Hot Cross Bun
Introducing XperiaTM L1 - a stylish smartphone, with an impressive display and s...
The UAE Goes Green for Ireland's National Day
US Scholar to Address Feminism Under Islamic Law
QNET Wins 2016 Sitecore Experience Award for Omnichannel Automation: Best E-comm...
ACTS bags quality control, geotechnical and testing works on Qatar stadiums
Doha Bank honoured with “Company of the Year Award” by Qatar University
HE Sheikh Nahyan highlights UAE's Experience in Building Global Citizenship at F...
Davide Traxler Is Appointed Interim CEO of Eterna
Why Mothers can still have it all! How she did it!
LG Marks Sale of 15 Million Refrigerators Powered by Its Inverter Linear Compres...
TRYANO's Mother's Day Selection
Fun and games with ‘60 Seconds to BurJuman' these school holidays
Nissan signs actor Margot Robbie as its first electric vehicle ambassador
Impact BBDO Crowned Agency of the Year at Dubai Lynx 2017
Better Deals campaign from Better Life ensures attractive savings for customers
ATM Global Stage to open with Expo 2020 legacy debate
Kuwait to showcase multi-billion dollar tourism plan at ATM
UAE consumers can now pre-book the HUAWEI P10 and HUAWEI P10 Plus ahead of the o...