Property investors are eagerly anticipating the return of Dubai’s massive International Property Show (IPS), which is scheduled to run from 30th March to 1st April this year.
Accredited by the Dubai Estate Regulatory Authority, the event has been created to market the latest commercial, residential and mixed-use property developments to visitors and investors, bringing local and international real estate markets together in order to showcase their products and services.
The IPS was launched by its organiser Strategic Marketing and Exhibitions over ten years ago. The show is scheduled to take place at the end of the first quarter of each year when companies and investors have gained a better understanding of the potential for the growth of their operations and have a clearer idea of the investment budget available to them.
Exhibitors view IPS as a platform that helps them promote their business, establish partnerships and expand their operations. It also provides an opportunity for companies to learn about the latest global practices in real estate and property relevant sectors. The show – which allows end users to buy units directly from exhibitors - attracts buyers from across the globe, with investors coming from Brazil, Canada, Cyprus, Egypt, Morocco, the Philippines, Thailand, Turkey, and the UK, as well as from other parts of the UAE.
Exhibitors are upbeat about the market’s growth potential in 2015 after 17,289 real estate transactions worth AED 37.5 billion took place in 2014. 478,451 new resident visas were issued in Dubai during the first half of the year, making it clear that much of the demand is driven by the UAE’s growing population.
Josine Heijmans, Exhibition Director of Strategic Marketing and Exhibitions has stated that in recent years first-time buyers and renters have been just as active as investors in creating the huge demand for property, and she believes that the steady rise in population will ensure strong growth for the foreseeable future.
In 2015 the UAE’s leading property portal Bayut.com will become the official online media partner of the International Property Show. It is anticipated that Bayut.com – which offers coverage of the entire UAE real estate market - will increase the visibility of the event as Bayut receives millions of property views each month. The company’s CEO Haider Khan has said: "We are delighted to be the official media partner of The International Property Show and we are confident that the event will be very significant for the UAE property sector."
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