UAE's New Consumer Show opens as Property Market Continues to Soar

Deyaar uses Next Move live platform to show why buying has become “the best option”
 
Dubai, UAE, February 19, 2014: The UAE’s new consumer property show, Next Move live, opens tomorrow in Dubai (20 February), with leading property developers, real estate agents and banks showcasing more than 4,000 properties for sale or rent in the local and international markets.

Among more than 30 exhibitors out in force at the three-day show, Dubai-based property developer Deyaar, who recently announced plans to allow foreigners to invest in its shares, is using the event to launch exclusive payment plans to help ease the financial burden on buyers.

With properties prices in high-value areas such as Palm Jumeirah, Business Bay and Jumeirah Lake Towers showing the biggest increases by the end of 2013, Deyaar is presenting for sale a selection of unique properties from seven different towers in prime locations.

Nasser Amer, Vice President of Sales at Deyaar, said: “The positive upturn in UAE’s real estate market has translated into growing interest for our wide-ranging portfolio of properties that are guaranteed to earn excellent returns of investment.  Provided the buyer is able to provision sufficient funds to meet payments, the option to buy is, without doubt, the best.

“We will provide unique property solutions for those looking at spot purchases, as well as consultations from seasoned advisors to assist new entrants in to the market.”

Mortgage advisers from Commercial Bank of Dubai, the Official Banking Sponsor of the show, will be offering a special time bound promotion which provides clients with a gift voucher of up to AED 60,000.
Other exhibitors officially supporting the event, taking place at the Madinat Arena at Madinat Jumeirah, include Platinum Sponsors Aldar Properties and Flash Properties, Gold Sponsor Orient Desert Real Estate and Silver Sponsor Pacific Ventures.

Investment and Real Estate Developers Tanmiyat Group will be launching two new projects at the show near to Business Bay and Global Village, whilst Dudu will be offering 200 exclusive properties to buy or rent in prime locations across Dubai.

The event is perfectly timed for consumers looking to make the plunge into property investment as rental prices continue to soar across the UAE, while mortgages rates remain low.

Jennifer Lim, Head of Sales at food importers Trading Flavours, a pre-registered visitor for the show, believes now is the time to make the shift from renting to buying.

“Rental prices are getting ridiculously high across the emirate, and with Expo 2020 coming up, now is the time to get in the market,” she said. “I’ve done plenty of research online, but that one-on-one advice is very important when making such a big decision, and the greatest benefit from Next Move live will be that I can receive this information on a personal level from all the main stakeholders, at the same place, and at the same time.”

Brought to Dubai by the organisers of Cityscape, Next Move live offers properties from the UAE, UK, Spain, Cyprus, USA and many more.

“With thousands of properties and hundreds of brokers and mortgage products to choose from, it is very important that prospect home buyers do their homework carefully,” said Wouter Molman, Director of Cityscape Group.  “Next Move live is being launched as a show where people can get the answers to all of their questions related to buying a property in one convenient location.”

More information about Next Move live is available at www.nextmove.ae/live or www.facebook.com/nextmovelive.