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 27578 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
LG DUALCOOL Air Conditioner Builds a Tower of Chocolate
Dune London: The Autumn/Winter17 campaign
Max Mara: Iconic Coats - Manuela & Teddy.
Contour, Highlight and Bronze your Body with Ease with Madame LA LA
Vintage is the rage for new Chronofighter range
SAINT HONORE Charisma “Twist” for elegant lady
Marina Rinaldi : Ashley Graham continues her role as the face of the brand for ...
LG Robots to Connect People for A Better Tomorrow
Ferrari Portofino: the Italian Grand Tourer par excellence
CITIZEN opens refurbished boutique at Sharjah City Centre
Exhilarating new Roger Dubuis pop-up boutique in the US
Panasonic announces robust plans for Middle East under new leadership
Mango Fall/Winter17 - Denim Special
Michael Kors Collection Spring 2018 Fashion Show
Weekend Max Mara : The Pasticcino Bag - Fall/Winter 2017
Huawei CBG supports the Middle East Innovation Agenda by bringing cutting-edge i...
TAG Heuer's Globetrotter Exhibition Opens in Dubai Mall on September 15, As Part...
Dubai Culture Takes ‘Dubai Next' to London Design Festival
Ulysse Nardin Presents Classico Zheng He
Kate Upton, Ashley Graham, Andreea Diaconu, Skai Jackson and more in Michael Kor...
'COÉGA'S Got You Covered' in New AW17 SPF50 Family Swimwear Collection
Malabar Gold & Diamonds recognized as the ‘Superbrand' 5th time in a row by Supe...
New Balance Introduces the 574 Sport in Celebration of the Dubai Mall Store Opening
Vacheron Constantin Pays Tribute to the Middle East with Exclusive Overseas Time...
The Longines Avigation BigEye: Aesthetics and tradition in a pilot's watch
NMC Healthcare wins ‘Brand of the Year 2017' by Superbrands
DeLaCour Reflect Tourbillon
IPhone 8 and IPhone 8 Plus to Arrive at DU on September 23
Star styles in TKD Lingerie's September surprise sale
Business and academia collaborate at Dubai Science Park to shape the science sector
Glittering beauty set with diamonds - a true Gilda beauty
Curtin University opens in the Middle East
MICHAEL Michael Kors Fall 2017 Nouveau Novelty Bags
Robin Singh to launch sports academy in Dubai
Abu Dhabi Ports recognised for exceptional Security Management; Receives ISO 280...
Saudi Investors to Keep Faith in Dubai Real Estate - Developer
SOUQ.com partners with Honor to bring the beautifully brilliant Honor 9 exclusiv...
ADNOC Distribution expands international sales footprint
UAE Team Emirates La Vuelta Wrap-Up
Airbus signs MoU with Dubai Land Department to explore the use of advanced geosp...
VFS Global opens first Chinese Visa Application Service Center in the Middle Eas...
Danube Properties Bags two prestigious awards this September
DMC partners with Marasi News to further reinforce its excellence in the market
ENEC CEO Highlights Priorities of UAE Peaceful Nuclear Energy Program at WNA Sym...
DIFF Presents Two Outstanding Films for Golden Globe Consideration
Dubai Land Department to promote Dubai real estate internationally
ZENITH DEFY LAB
Huawei Joins Z-wave Alliance Board of Directors
Empower reinstates its position in carbon neutral practices
Four Strategic-level Government Agencies Move to Dubai Design District