IN­TER­NA­TIONAL PROP­ERTY SHOW

Ekaruna - - Events In Review -

Host­ing in­ter­na­tional and lo­cal real es­tate com­pa­nies, ex­perts and pro­fes­sion­als from around the globe, IPS 2015 (The 11th edi­tion of the In­ter­na­tional Prop­erty Show) took place be­tween the 30th March and the 1st April, 2015 at the Dubai World Trade Cen­tre, where com­pa­nies and in­vestors were in­volved in net­work­ing, as well as the selling and pro­mo­tion of prop­er­ties.

On the first two days of the In­ter­na­tional Prop­erty Show, a real es­tate fo­rum was held along­side the ex­hi­bi­tion, bring­ing global ex­perts, de­ci­sion mak­ers and in­vestors to­gether to dis­cuss and ex­change views and opin­ions on the global real es­tate mar­ket. The con­fer­ence brought to light roadmaps for emerg­ing mar­kets to com­pete with more es­tab­lished real es­tate mar­kets, and comes at a time when in­sti­tu­tional in­vestors are look­ing at Dubai as a typ­i­cal realty mar­ket that pro­vides in­come whilst gen­er­at­ing as­sets in the long run.

Jo­sine Hei­j­mans, the ex­hi­bi­tion’s di­rec­tor, said, “the ex­hi­bi­tion was vis­ited by a wide range of buy­ers who are very keen to pur­chase prop­er­ties in cer­tain lo­ca­tions in Dubai. Ex­pa­tri­ates in the UAE showed a pref­er­ence for buy­ing over rent­ing as the ma­jor­ity of them look at liv­ing in the Emi­rates long term.”

Hei­j­mans added that de­vel­op­ers, both lo­cal and in­ter­na­tional, have come to­gether to make it the big­gest edi­tion to date. Ex­hibitors at this year’s show in­clude lead­ing UAE de­vel­op­ers Dubai Prop­er­ties Group as the show’s ex­clu­sive strate­gic part­ner, DA­MAC Prop­er­ties as the sil­ver spon­sor and Union Prop­er­ties and Wa­hat Al Zaweya as fur­ther spon­sors, among oth­ers.

Dur­ing the ex­hi­bi­tion, Wa­hat Al Zaweya, one of the main spon­sors and a lead­ing real es­tate com­pany in the UAE, un­veiled its eco-friendly, self­sus­tain­able, mixed – use com­mu­nity, spread out over 22.7 mil­lion sqm in the Faqaa cor­ri­dor of Al Ain re­gion.

Part­ners in­cluded the Dubai Land Depart­ment at the fore­front, the Royal In­sti­tu­tion of Char­tered Sur­vey­ors (RICS) as a knowl­edge part­ner and the As­so­ci­a­tion of In­ter­na­tional Prop­erty Pro­fes­sion­als (AIPP) as the of­fi­cial in­dus­try part­ner.

The sec­ond day of the 11th an­nual show co­in­cided with the An­nual In­vest­ment Meet­ing 2015, held at the Dubai In­ter­na­tional Con­ven­tion and Ex­hi­bi­tion Cen­tre (DICEC), where ex­hibitors from around the globe were com­pet­ing to show­case their residential projects. Un­like other prop­erty events, the In­ter­na­tional Prop­erty Show of­fers guests the unique op­por­tu­nity to in­vest in prop­er­ties ac­cord­ing to an ar­ray of fac­tors, such as price, lo­ca­tion, pay­ment op­tions and the qual­ity of fin­ishes.

Ac­cred­ited by RERA, the In­ter­na­tional Prop­erty Show is the lead­ing prop­erty sales event in Dubai that wel­comes both con­sumers and busi­ness pro­fes­sion­als. The ex­hi­bi­tion of­fers the per­fect plat­form for both in­ter­na­tional and lo­cal real es­tate mar­kets to show­case their residential, com­mer­cial and mixed-use prod­ucts as well as car­ry­ing out se­ri­ous busi­ness con­nec­tions.

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