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 17989 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
Make a Statement with MAKE UP FOR EVER's New Artist Liquid Matte Lipsticks
Paris Gallery Eid Gift Guide: The Watch Edit
SAINT HONORE Opéra is Ideal for the Stylish Woman
Joyalukkas Win Upto 60 KG gold promotion Lucky winner announced in the UAE
LG G6: The Ideal Summer Vacation Companion
SAINT HONORE Charisma Twist
Lucky Winners celebrate winning gold bars with Malabar Gold & Diamonds – ‘BE A G...
Gold Collagen® Hydrogel Mask with Second Skin Technology to Launch in Dubai in J...
Skyline University College Conducted Health and Wellness Program
THEFACESHOP, White Seed brightening
IKEA Reveals Hidden Shortcuts as Father's Day Gift
Celebrate This Eid by Honouring your Loved Ones with a Special Gift
TAG Heuer Luxury Kit
Bhima Jewellers Spread Happiness this Ramadan with ‘BHIMA GIFT A SMILE'
Keep your skin hydrated this summer with tips from Gold Collagen!
Marion Cotillard wears Chloé to 31st Cabourg Film Festival
TOD's Spring/Summer '18 Men's Collection
Dubai will be ‘United in Celebration' during 10th Edition of ‘Eid in Dubai- Eid ...
Take A Sneak-peek into COÉGA Sunwear's 2018 Baby Swimwear Line
Al Barwani Wins 2017 Ramadan Challenge Senior Cup Title
Dsquared2 Men's and Women's Fall Winter 2017 Show
deLaCour Saqra Urban- Triumph Design
Celebrate Eid in 'Swiss Style' with stunning RAYMOND WEIL Freelancer
New Collections at Grand Optics - Summer 2017
The Salman and Katrina relationship with Splash continues
Eid Al Fitr 2017
WHITE MAN & WOMAN presents POAN - PEOPLES OF ALL NATIONS ‘The Phenomenon of Man'
Dubai Culture Announces July Workshops for Dubai Festival for Youth Theatre 2017
Starbucks Brings Back Summer Favorite S'mores Frappuccino on Popular Demand
HP Revolutionizes Pocket-size Printing with Sprocket
Wear Your Personality on Your Sleeve with Suitsupply
KeyBS e-Voucher solution ‘KeyEVD' goes live on thousands of 4Run Telecom POS mac...
Empower Starts Delivering District Cooling Solutions to JVC and JVT
Jaguar E-PACE: The New Compact Performance SUV
Podium Finish for UAE Team Emirates' Sacha Modolo on Stage Eight of Tour de Suisse
OMEN by HP Delivers the Ultimate Advantage for Gamers to Dominate the Competition
Dubai Customs salutes UAE's 1st global customs efficiency ranking
Abu Dhabi Ports 5th Annual “Working Safely in the Heat” Campaign Launched
New destination for Godiva lovers
Rendezvous Between Moon and Chronograph Da Vinci Perpetual Calendar Chronograph
The Outlet Village Celebrates Eid Al-Fitr and DSS with Fun-Filled Entertainment ...
Summer Style in Your Suitcase with LE66
Khater Massaad's Former Georgian Chief Aide Found Guilty of Fraud in Georgia and...
Memorandum of Understanding Signed Between Mohammed Bin Rashid Space Centre has ...
ADNEC Group Wins Two Prestigious AEO Awards
Dubai Outlet Mall and the UAE Red Crescent join hands to give free Eid clothing ...
InSinkErator contributes to UAE State of Energy Report for third consecutive year
2XL Launches Martin Collection with Statement Headboard Design
New American School for Dubai in 2018 by Esol Education
His Highness Sheikh Hamed bin Zayed Al Nahyan Attends First Graduation Ceremony ...