IPS set to attract record exhibitors in 2015, say organisersWith six month to go until Dubai’s International Property Show, record numbers of exhibitors have been confirmed at the event, which welcomes direct selling of real estate Next spring’s International Property Show in Dubai is set to attract record numbers of exhibitors, show organisers believe. With six months to go before the event at the Dubai International Convention and Exhibition Centre, which takes place from 30 March-1 April 2015, forward bookings are at a high. The International Property Show (IPS), which allows direct selling of residential, commercial and mixed-use property at the exhibition, is a first-of-its-kind and will be the biggest to date, says organiser, Strategic Marketing & Exhibitions. Chief Executive Officer, Dawood Al Shezawi, says, “We have received record confirmations seven months ahead of the actual event. We anticipate hordes of visitors to the show as several exhibitors will come with their entire sales team to interact with as many institutional and individual buyers. “What makes IPS unique is that visitors, mainly individuals, will always buy a unit at a price lower than the market price, as the competition is fierce and the prices are known to the visitors.” With the value of United Arab Emirates real estate transactions growing at 38% annually, according to Dubai Land Department figures, developers are being enticed to the country. IPS 2015 is expected to attract 300 exhibitors from 120 countries, with strong foreign representation from the Turkey, the UK, USA/Canada, Spain and Australia. It will also have pavilions from India, Philippines and Pakistan to cater to the expat communities from these countries with an interest in buying a property back in their home country. Residential property prices in Dubai have slowed significantly, according to data from Cluttons covering the first half of the year. Values were up 18.5% year-on-year, but they have slowed to 3.1% in the first three months of the year and just 0.6% from April-June. In addition, villa values fell 1.6% during Quarter 2, 2014, the first decline since the start of 2011. Apartment prices did much better, growing 2.3% from April-June. By Adrian Bishop, Editor, OPP Connect Twitter: @oppnews
Posted on: Wed, 01 Oct 2014 17:31:58 +0000
Trending Topics
Recently Viewed Topics
© 2015