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 23522 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
SOUQ.com hosts two-day Samsung carnival with incredible offers on Mobiles, Weara...
Perfect Fragrances to Celebrate Eid
100 New Ways to Transform Your Home With the New Ikea Catalogue
LG V30 to Elevate Smartphone Camera to New Heights
A Post-Summer Pigmentation Saviour from MZ SKIN
Next Major Smartphone From LG to Feature First-Ever OLED FullVision Display
GCC's premium home appliance market to thrive with LG SIGNATURE
COÉGA Sunwear Launches Contemporary Autumn/Winter '17 Conservative Swimwear
Michael Kors Debuts New Bancroft Handbag Collection
Introducing the Fall 2017 GUESS Accessories Collection Advertising Campaign
The Ritual of Karma
Eid Al Adha with Paule Ka Fall-Winter '17
Six Down, Two to Go - ADSB Keeps Up Pace in Delivering Ships to Kuwait
International SOS and Control Risks Advise Pilgrims Worldwide Ahead of Hajj 2017
Global Jewellery Retail Chain Joyalukkas signs Award-Winning Bollywood Actress K...
Patrimony Collection Excellence Platine
ICONIC announces ICONIC KIDS- Born Different
Emily Ratajkowski wears Salvatore Ferragamo eyewear
Highly Anticipated Audemars Piguet Royal Oak Extra-thin Arrives in the Middle East
UAE is likely to see increased cashless transactions by 2020: Xpress Money's Str...
Zenith Chronomaster El Primero Full Open
New UAE Space Agency Board of Directors Holds First Meeting
UAE Team Emirates to Make Vuelta a España Debut
"WATHIQATI" Receives the highest number of documents since its launch ...
Education in the UAE continues to cost families almost AED 1 million per child n...
Dubai Land Department's ‘Ejari' smart application protects the right of all parties
Abu Dhabi Ports seals strategic partnership with Healthpoint for wellness-coachi...
Growing appetite for seafood drives demand at Middle East's largest dedicated se...
Turkish Airlines' cross-continental flights are more comfortable now with the ba...
The Aston Martin Vanquish Zagatos: Speedster and Shooting Brake join Coupe and V...
Win prizes worth over AED 2million with Al-Futtaim's retail brands
Al-Futtaim Honda launches Consumer Happiness Counter initiative
Dubai Land Department Awarded Two ISO Certificates in Quality and Environmental ...
SOUQ.com – Your one stop shop for all back to school essentials with up to 60% off
3rd Maritime Conference & Expo (MARACAD 2017) launches “Maritime Business Leader...
AED 21 Billion Worth of Dubai Real Estate Projects Launched Since the Beginning ...
Kamal Vachani welcomes Rt Hon Keith Vaz MP, UK
Jafza attracts 267 new companies during the first half of 2017
Get Ready to Go Back-to-School with Dubai Festival City
Second phase of electronic medical record project goes live across several DHA h...
Fiat Chrysler Automobiles to Join BMW Group, Intel and Mobileye in Developing Au...
Schneider Electric and Claroty partner to address safety and cybersecurity chall...
Joyalukkas launches Diamond Earring Festival with the latest Happy Diamonds coll...
Dubai Science Park and Al Jalila Foundation sign MoU to support scientific resea...
“Gulf Navigation Holding” marked rapid profit growth in the first half of 2017 by 33%
Top Saudi Students Complete Huawei's ICT Program in China
Major Components Successfully Installed at Unit 4 of Barakah Nuclear Energy Plan...
First-of-its-Kind National Health Study to Enlist 20,000 Emiratis
Sharjah calls on entrepreneurs to participate in flagship Sheraa Accelerator program
Sharjah Health Education Department Announces “Health and Tourism 2017”