DLD organises Dubai Property Show – London

Monday 12 November 2018
Majida Ali Rashid, CEO of the Real Estate Promotion and Investment Management Sector at DLD
Dubai - MENA Herald:

Dubai Land Department (DLD) is proud to organise the third edition of the Dubai Property Show to London from 16 – 18 November 2018. The three-day show will bring leading real estate companies like Nakheel Properties, Falconcity of Wonders, Sobha Realty and many other developers along with Real Estate Brokers, Banks, and Lawyers to the show.

HE Majida Ali Rashid, CEO of the Real Estate Promotion and Investment Management Sector at DLD, commented: “Dubai is one of the most attractive cities for foreign investors, and Dubai Land Department has always been exploring ways to enhance the sustainable growth of the real estate sector. The Emirate is on a lot of UK residents’ radars, especially when considering the substantial number of British expatriates that we are glad to be serving. It is, therefore, our pleasure to host Dubai Property Show in London again, and look forward to organising more events of this nature.”

According to the statistics issued by DLD’s Department of Real Estate Studies & Research, British citizens have emerged as the second-highest foreign investors in Dubai real estate; and according to DLD’s records, a total of 29,125 British investors concluded 47,877 real estate transactions worth over AED 88 billion since their entry into Dubai’s real estate market. With a strategic location, high investment and rental yield, and regulations and legislation that are set in place to protect the rights of all parties, Dubai continues to be an attractive proposition for foreign investors.

Rashid affirmed the show’s success in its previous editions, which is made possible thanks to the patronage of Platinum Sponsors Nakheel Properties, Falconcity of Wonders, and Sobha Realty, as well as the gracious partnerships of the UAE Embassy, Dubai Chamber, Dubai Tourism, Dubai Police, and the Knowledge and Human Development Authority (Government Agency partners); Emirates (Official Airline partner); JLL - Jones Lang LaSalle (Strategic Real Estate partner); Medallion Associates (International Promotion Trustee); Knight Frank (Knowledge partner); International Property and Travel (Media Partner) and Emirates Islamic Bank (Banking Partner); and the support of the International Property Awards Dubai.

Mr. Aqil Kazim, Chief Commercial Officer, Nakheel, said: “After first exhibiting at DPS London in 2016, we are proud to be back as Platinum Sponsor with an exciting range of projects and investment opportunities, many of which come with very attractive payment plans.  Our diverse range of offerings includes luxury apartments on the world-famous Palm Jumeirah, stylish high-rise units at Dragon City and villas with private pools at the high-end Jumeirah Park community.”

HE Salem Almoosa, Chairman and General Manager, Falconcity of Wonders LLC, said: “From the impeccable infrastructure to the warm and welcoming Arabic hospitality, Dubai is a preferred destination among tourists, businessmen, entrepreneurs, and investors. As a booming economy, tourism has played a pivotal role in putting the Emirate on the world map. Dubai has attracted investments from around the world and across a vast array of sectors such as technology, education, medicine and real estate and is ranked as one of the best places to live in the Middle East, promising an excellent quality of life.” 

Mr. PNC Menon, Founder & Chairman, Sobha Group said, “Dubai is one of the most popular destinations for UK nationals, not just for vacationing and shopping, but for the overall aspirational lifestyle it offers. Over the years, Dubai has also emerged as a strong business hub offering various investment incentives and tax-free policies. To top it, the number of Dubai expatriate residents exceed two million, forming a formidable part of the workface. These factors make it easy to understand why investors from the UK are flocking to Dubai to invest in property. With foreign real estate investments to the tune of AED 162 billion in the first nine months of 2018 coming in from foreign investments, the Dubai property market continues to be the preferred investment destination for various nationalities.”

Mr. Himanshu Gupta, General Manager at Sumansa Exhibitions LLC, organisers of Dubai Property Show, said: "With the increase in investments from British buyers, Dubai has become an attractive proposition for investors, second home buyers, holidaymakers, and businessmen. The Dubai Property Show garners an immense amount of interest from potential buyers and investors and will be a platform to encourage investment and educate people about the legalities and processes as well."

Visitors to the show will have the opportunity to attend free seminars offered by qualified professionals with experience in property, law, and other subjects, where they will learn about property investments, upcoming Dubai hotspots, financing and legal information to keep in mind when investing in Dubai, and much more. Exclusive payment plans and financial loans will also be made available.

The Dubai Property Show endeavors to be the platform for investors to see and purchase fantastic property developments in Dubai.

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