The first annual Dubai Property Show concluded successfully on Sunday after receiving a phenomenal response on its first ever exhibition held at Londons Olympia from Feb 27th March 1st, 2015. Showcasing over 60 leading real estate companies from Dubai and UAE, the exhibition offered thousands of properties, educative seminars by experts for potential buyers and dazzling display of some of the new launches by Dubais developers. Show witnessed a footfall of over 6000 people, which was 3 times higher than what was expected initially, whereas participating real estate companies observed brisk business and high number of enquiries through the event.
Commenting on the success of the event, Sunil Jaiswal, President, Sumansa Exhibitions, the organisers of Dubai Property Show said, The first ever Dubai Property Show was a huge success. We are extremely proud and overwhelmed with this extraordinary response that we have received over the 3 days of exhibitions. It virtually brought out the best Dubai has to offer and the stunning display of properties just wowed the visitors plus the educative seminars guiding potential buyers on their purchase were highly appreciated. Lots of properties were sold and it was almost like as if people were waiting to put their money on Dubai real estate. The overall feedback from visitors as well as the exhibitors has been quite amazing. A big thank you to Dubai Land Department for all their support and guidance. Also, many thanks to our sponsors , exhibitors ,speakers , visitors , partners , suppliers and each and every person who has worked directly or indirectly to make this event such a huge success.
HE Sultan Butti Bin Mejren, Director General of Dubai Land Department commented: Our participation at the Dubai Property Show in London showed civilized, honorable image of our country, our history and our heritage in one of the important cities in the world. The strategic participation in the property show was a mere episode in a series of activities and events to be organized by the department. With a view to market Dubai all over the world, and to promote the real estate market in order to achieve the vision of Dubai Land Department and to reach the highest echelons with our properties, is consistent with our strategic plan 2021. Moreover, we will never relent in providing all means of support and encouragement for such valuable initiatives which plays an important role in highlighting Dubai’s position as a global real estate leader in attracting investments.
Hisham Elassaad, Head of Sales – Select Group commented, Dubai Marina has been a preferred location for UK investor, which was evident from the response we received for our flagship development â€œThe Residences at Marina Gate. All three days of the show were very positive and the project attracted exceptional interest. With this venture of introducing our Marina Gate II project to UK audiences, we realized once again our brands existing recognition and reputation and we had a very successful experience.
Ibrahim Abdallah, Head of Sales – International at Emaar Properties< commented that London has always been a target market and Emaar has had a lot of successful launches in the past. Participating at the Dubai Property show was a good opportunity to meet the clients from London and invite them to invest in Dubai as this is the right time to invest as the market is really stable. The participation at the show was really successful and we had some good transactions on the first day itself.
Mr. Dereck Alexander Jon Hoogenkamp, Sales & Marketing Director at Al Barari said, â€œLot of Londoners are looking to move to Dubai and are searching for quality of life set in lush green destination like Al Barari – passion for life. Alll Barari in its literal terms means wilderness and our new project Ashjar means tree which is displayed at the Dubai Property Show. London Dubai property Show was the perfect place to announce that Al Barari will launch something new in April too.
Fakhreddin Mohammad, one of the Directors of Texture Group said, Here we have seen the magic of currency as our prices started from 70000 pounds and since there is no property in London you can buy less than 200000 pounds. We would like to expand our business network and Dubai Property Show in London was the right place to begin with. We got great response over three days and sold few units too.
With Dubai now the Brits third most preferred destination to invest in, the Dubai Property Show, organised by Sumansa Exhibitions, provided the opportunity to find out about every aspect of investing in Dubai. According to the Dubai Land Department, British investors were in second place for foreign investment (second to India), with 3,747 transactions worth Dh9.318 billion (approx. 1bn) in 2014.