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Real Estate

Biggest edition of International Property Show to be held in April 2016

08 February 2016

Leading real estate developers, consultants, traders and investors from over 100 countries will head to Dubai this April, to participate in the biggest edition of International Property Show 2016.

The exhibition serves as a one-stop shopping opportunity for investors, end-users, real estate professionals and consumers from Middle East and from across the world, said Strategic Marketing and Exhibitions, the event organizers.

Over the past ten years, the exhibition drew over 99,883 visitors with the UAE having generated the highest value of deals. An average of 13,683sqm of display area was allocated annually for this leading real estate show.

Endorsed by the Dubai RERA (Real Estate Regulatory Agency), this show will be a 25 percent increase in number of exhibitors, it said.

international property show

Speaking on the show details Dawood Al Shezawi, the President of Strategic Marketing and Exhibitions said that the 12th edition is focused on drawing participations from the most sought-after markets by UAE investors including India, Turkey, Pakistan, the United Kingdom and Egypt.

He noted that the new markets on the exhibition’s radar include Poland, Australia, Spain, Portugal and Greece. The markets are categorized as the most promising regions for UAE investors, he said.

According to Dawood, the International real estate show has triggered transactions worth more than $40bn between the years 2006 and 2015.

Ever-since its inception, the International Property Show has been the only one of its kind to offer direct real estate transactions, wherein all exhibitors are officially permitted to collect down-payments for transactions made, and present title deeds to top purchasers at the show, he said.

The exhibition is also the only one of its kind that focuses on B2B and B2C meetings, Al Shezawi said.

The exhibition does not target specific regions, but also boasts of international reach to explore new vital real estate destinations that carry promising real estate investment opportunities, permitting visitors to benefit from the high ROI in these markets, he said.

Nearly 70 percent of the five-hall exhibiting area has been sold out at Dubai International Convention and Exhibition Centre, including a debut Pakistan Pavilion spanning an area of more than 645sqm, the organizers said.

Also, the event allocates several platforms for government presentations, seminars and other presentations about promising investment opportunities, they said.

Held alongside the Annual Investment Meeting (AIM), the world’s premier emerging markets-focused FDI event, which has been going on for the past six years in row in Dubai, organized by UAE Ministry of Economy, it will serve as further boost to the prominence of this show and its leading role in regional property sector, said Kamran Mehdiyev, the IPS Project Director.

Al Shezawi, speaking on the new additions, said that investment immigrants’ visas are on the offer to various destinations in Australia and Europe, wherein visitors can obtain permanent residence visas to these countries when investing in real estate.

Further, the exhibition developments include discounted offers on unit sale prices, following co-ordination between the organizers and exhibitors, he said.

A highlight of this year’s show will be a true display of modern, sustainable technologies and trends that conquer the market including the ‘recyclable houses’, alongside other topics like the security and quality of real estate projects.

Robin Vinod

Writer/blogger who writes on topics such as travel, real estate, employment and everyday life on GCC countries

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