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After a successful run last year in Mumbai that raked in around Dh400 million into the Dubai real estate market, the three-day Dubai Property Show has once again opened its doors to Indian investors.
The expo will run until tomorrow. Organised by Sumansa Exhibitions in association with the Dubai Land Department, the event is expected to attract about 5,000 serious property buyers. It was inaugurated by Dr Ahmed Al Banna, UAE Ambassador to India, along with Bollywood icon Arbaaz Khan, and senior delegates from the Dubai real estate sector.
The property extravaganza boasts of reputed property developers from Dubai under one roof and promises to be a highly informative and valuable experience for Indians, who have been the top property buyers in Dubai for the past several years. Entry is free on all the three days of the show, which also includes free seminars, promotional offers and financing facilities.
The seminars at the exhibition will be held from 2pm to 7pm on all days and would cover topics such as the benefits of property investment in Dubai for Indian buyers; the Dubai regulatory and compliance legal framework in the UAE; advantages of investing in Dubai; and how to maximise capital gains on Dubai property investment with minimal risk, among others.
"Dubai has become the hub of real estate and a favourite property destination for Indian investors. The economy of this incredibly dynamic city is growing at a good pace. No property tax, strong economic growth, consistent innovation, development, safety, security, proximity to India and lucrative rental yields are some of the key reasons that have been constantly attracting Indians to invest in Dubai. Indians are the No.1 foreign buyers of real estate in Dubai and we have seen a 110 per cent increase in investment compared to what it was four years back", said Sultan Al Suwaidi of Sumansa Exhibitions.
Developers participating at the exhibition include Emaar Properties, Dubai Properties, Binghatti Developers, Nakheel Properties, Damac Properties, Deyaar Developers, Azizi Developers, Tamleek Real Estate, SPF Realty and Tebyan, among others.
The Dubai Land Department is the official sponsor of the show, while Dubai Properties, Al Marjan Island and Binghatti Developers are the platinum, gold and silver sponsors, respectively.
- business@khaleejtimes.com
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