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 >> Real Estate

 
  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 50978 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 : IKEA Spreads Cheer on International Day of Happiness
Next Story : ACTS bags quality control, geotechnical and testing works on Qatar stadiums
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
Skyline Book Fair 2018
The Bremont Waterman
Holiday hair: The best product to keep your locks smelling fresh and protected
ServeU to Take Huge Leap Forward with Smart Cleaning Robots
Emirates celebrates inaugural flight to London Stansted
Blackberry Key2: An Icon Reborn
Chronoswiss' Exclusive Limited Edition Flying Regulator Marks 31st Anniversary o...
The Future Takes The Past Tense
CSR Initiatives by Malabar Gold & Diamonds continues in full strength
Consulate General of India Mr. Vipul came as CHIEF GUEST at the blood donation c...
DWTC events drive AED 12.7bn in economic value for Dubai, fuelling record 3.3% c...
Marchon Eyewear Summer 2018 Collections
24 hour Mega Sale at Dalma Mall!
Al-Futtaim ACE celebrates Eid with exciting offers and activities
Skin Hydration is one of the primary challenges our skin faces in the UAE
Beauty on the Go
du Distributes Eid Gifts at Al Jalila Children's Hospital
Al Ghandi Auto brings the most Affordable Electric Vehicle - Chevrolet Bolt EV -...
New open-air member of the AMG GT family
Abu Dhabi Treats Eid Al Fitr Visitors to Shopping Bonanza with 90% Discounts Acr...
Hamdan Bin Mohammed Heritage Center distributes Eidia on first day of Eid
iVOOMi Smartphones Enter the UAE Market Exclusively on SOUQ.com
Hamilton Jazzmaster Maestro Auto Chrono
Rapid renewal of smartphone portfolio brings next generation Nokia 5 and Nokia ...
Purify Your Skin with Skin Republic
Captivate Your Senses with Marks & Spencer's Exclusive Oud Collection
A Sparkling Gift Guide for Eid al-Fitr by Mouawad
Dubai to Witness the First Ever Jewellery Season With Grand Discounts and Surprises
Crowe Horwath announces global rebrand to “Crowe” Sometimes a smart decision i...
The Rado True Phospho wins 2018 Good Design Award®
Great Moments Manero Flyback accompanies Swiss National Soccer Team To Russia
Filorga introduces two new additions to its UV-BRONZE range offering a comprehen...
Stylish men's watch - BU4018-11H - with rose gold case and black dial is a real ...
The Summer Just Got Sweeter with the New Palm Candy Collection from Max
Eid Al Fitr, the FIFA World Cup and much more at Danat Al Ain Resort
The Lacoste Moon Collection
Axalta and Mohamed Naser Al Sayer Toyota Service Body Shop Go Green in Kuwait
Zulekha Hospital surgeon saves patient from losing normal hand functions
Tissot Chrono XL Tour de France Special Edition Cycling just got big
Eight Tips to Avoid Overindulging this Eid
DHA Hospitals becomes first in the Emirate to use clip technology by angiography...
Dubai Summer Surprises Calendar of Events Revealed
Celebrate Eid Al-Fitr with Emaar Entertainment
Ibn Battuta Mall debuts three international kids' shows this Eid Al Fitr and DSS
Celebrate Eid Al Fitr at Dubai Festival City
GSK distributes 8,500 ecofriendly Iftar meal bags to people across the GCC
Masdar City's Etihad Eco-Residence Wins Emirates Green Building Council MENA Gre...
Sprint Superstar! Kristoff Rules the Roost, Securing Top Spot for Uae Team Emirates
MG Motor launches iLink for the Middle East market
Liali Jewellery gets the Capillary Technologies boost to enhance customer engagement