International Property Show (IPS) 2015 to target Saudi visitors, second biggest investors in Dubai’s real estate sector
Saudi investors made 1,121 transactions worth AED 3.3 billion in Dubai’s realestate in first half of 2014
Al Riyadh, Saudi Arabia, 19 October 2014: Organisers of the International Property Show (IPS) 2015, which will be held from March 30 to April 1, 2015, are strongly targeting Saudi investors and end-users, encouraged by the fact that Saudi investors made 1,121 transactions worth AED3.3billion in Dubai’s real estate in the first half of 2014, out of the total AED19 billion invested by the Gulf investors, according to figures released by Dubai Land Department (DLD).
IPS organisers added that the next edition will attract 300 exhibitors showcasing high end projects that are in high demandfrom Saudi investors and end users.
“We have succeeded in making IPS a platform for end users to enjoy doable and hot deals by providing a friendly environment for all. Saudi investors are the driving force in the UAE real estate sector and we are reaching out to them in a special way, as they have been major visitorsto IPS since its launch,” says Dawood Al Shezawi, CEO, Strategic Marketing & Exhibitions, organizers of IPS 2015.
IPS 2015 is expected to attract 10 international pavilions from amongst others UK, USA, Canada, Australia, Turkey, Spain, Cyprus as well many local and regional developments, due to its growing reputation as the ideal destination for all sorts of buyers in the region.
IPS brings together developers, real estate brokers, private and institutional investors, major local and international real estate companies, providing a unique opportunity to clinch lucrative business and investment deals.
Around 20,000 visitors are expected to attend the next edition at the Dubai International Convention and Exhibition Centre.
“We are in talks with all exhibitors to offer noticeable discounts on units, especially for the end user segment. We have managed to establish a one of a kind platform for traders and individuals alike. We believe that the robust consumer can sustain vitality in the real estate sector and will encourage more investments in the long run,” said Al Shezawi.
IPS has emerged as a destination for elite investors and end users in the growing construction industry in the UAE and the region at large. The next edition of the show will coincide with the Annual Investment Meeting (AIM) 2015, the leading investment event to be attended by more than 15,000 participants from 140 countries.
Al Shezawi concluded: “We are ready for an extraordinary show from the 30th of March to 1st April 2015. We have received encouraging feedback that points to a great show. The UAE real estate market is attracting international companies and service providers that are keen to expand presence in the region. We regard the Saudi customers and investors as driving force of the UAE real estate market.”