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International Real Estate Investors Converge On Dubai Property Show

by Lorys Charlambous, Tax-News.com, Cyprus

09 February 2005

The Dubai Property Investment Show which concluded last week has been declared a success, with hundreds of local and international properties having been sold and several multi-million deals concluded, according to reports.

The event, which took place as part of International Property Week, was attended by more than 7,000 Middle Eastern and international visitors, and featured real estate investment opportunities from over twenty countries, including the UAE, Australia, Bahrain, Croatia, France, Germany, Egypt, India, Lebanon, Germany, Malaysia, New Zealand, Spain, Thailand, the UK, the USA and Iran.

Guy Guillemard, Marketing Director of event organisers, The Domus Group, noted that the success of the property show indicated the breadth of demand for such an event in the international real estate market, with Dubai increasingly seen as the epicentre for regional property investment.

“Visitors and real estate professionals from across the globe who converged at the show, were delighted with the choice and quality of international and regional projects on offer. Many of these investment opportunities had never been seen before,” observed Mr Guillemard, according to Middle Eastern news service, AME Info.

“Most of our exhibitors commented on the excellent profile of visitors at the show – serious buyers keen on doing business. This exceptional turnout confirms International Property Week as the leading international event for residential and property investment,” he added.

The 2006 Dubai Property Investment Show has already been scheduled, and will take place on February 21-23 next year.

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