Kuwaitis were biggest property owners in UAE, with 6,947 properties at the end of 2012, says International Property Show 2015

59% of total GCC property owners are from Kuwait:

Kuwaitis were biggest property owners in UAE, with 6,947 properties at the end of 2012, says International Property Show 2015

11^th IPS to attach major importance to Kuwaiti visitors during the three day exhibition

Kuwait, Kuwait, 5^th November 2014: Being only 90 minutes’ flight away from Kuwait, Dubai is an ideal location for a second home, or even a primary home, for some Kuwaitis. No wonder, Kuwaitis are one of the biggest investors in Dubai’s real-estate sector, compared to other GCC countries.

According to figures released by International Property Show (IPS) 2015, which will be held from 30 March – 1 April 2015, and UAE Ministry of Finance, GCC ownership in the UAE amounted to 11,761 properties in 2012, an increase of 8%over 2011.

In fact, the largest share of the total property ownerships was taken up by Kuwaiti citizens, with a total 6,947 properties by the end of 2012, representing a whopping 59% of the total GCC property ownerships.

Dawood Al Shezawi, CEO, Strategic Marketing & Exhibitions, organizers of IPS 2015, said: “UAE continues to maintain its lead position as a hot property destination among GCC countries since 2008. At IPS, we are working hard to attract as many Gulf visitors as possible to our show and specifically Kuwaiti visitors.”

He added: “In 2011, investors from Kuwait account for nearly 60% of all properties purchased by GCC nationals in the emirate of Dubai, according to figures from the UAE Ministry of Finance. The picture is still the same and the Kuwaiti investors and purchasers remain the biggest chunk of buyers in the UAE property market.”

IPS 2015 will attract companies from Kuwait, especially those with serious potential for partnerships in property industry in the Emirate. “What is more interesting about Kuwaitis is their quick decision making in buying properties in the UAE due to their confidence in the UAE property market and due to the factor of proximity. Thanks to their high spending power, many tend to buy multiple units as vacation homes.

Dubai's real estate market is now more stable and sustainable, which had improved confidence mainly among GCC investors. “The UAE and Kuwaiti construction sectors are linked in several ways, being two leading markets in the Middle East region,” said Al Shezawi.

“We are expecting high footfall from Kuwaiti visitors who wish to conduct one-to-one meetings with IPS exhibitors and grab offerings at the three day show,” added Al Shezawi.

IPS has registered to date participations from 120 countries, reflecting an increase by 33.3% compared to the previous edition. The show will witness wide participation from the Gulf region out of the 300 total exhibitors.

Exhibitors are coming from all over Europe, North America, Asia Pacific and North and South-East Africa. These will include developers involved in the development of residential communities and high-rise buildings, entertainment facilities, retail outlets, financial institutions, banks and investment companies, pension funds, asset management companies, authorities, investment zones and engineers of construction and interior design.

Strategic Marketing & Exhibitions is the organizer of IPS. The company is a leading exhibition and conference organiser in the UAE, based in Dubai that has grown dramatically and contributed immensely to the exhibition industry, thus gaining reputation as one of the leading experts in all aspects related to the exhibition industry.

Dubai real estate hotspots expand with ongoing robust growth, says International Property Show 2015

Dubai real estate hotspots expand with ongoing robust growth, says International Property Show 2015

Newer areas to come under spotlight at the three-day show from March 30 to April 1, 2015

Dubai, UAE, 15 October 2014: Organisers of the International Property Show (IPS) 2015 say that property sector hotspotsin Dubai are expanding, as interest is extending to new areas that were not considered “hot” a few years ago.

While areas like Downtown Dubai, Business Bay, The Palm Jumeirah and Dubai Marinahave been the dominant players ofDubai real-estate sector, many unheralded areas are coming on the radarand they are expected to gain further prominenceat the three-day exhibition.

Dawood Al Shezawi, CEO, Strategic Marketing & Exhibitions, organizers of the exhibition which will be held from 30 March – 1 April 2015, expects the sector to sustain current growth because demand stilloutstrips supply, opening up newer investment options for investors.

IPS 2015is considered a one-of-kind specialised fair as it mainly target end-users who wish to do buy units on the spot. Al Shezawi said the show has been positioned aspowerfulretail platform targeting all types of potential buyers who can shop for properties with same ease and comfort as shopping for goods in a retail store.

Experts say that Dubai continues to hop a prominent position globallyas a top performer when it comes toReturn on Investment and rent yields,backed bystronglegislation.

Al Shezawi added: “Hot real-estate zones are mainly measured by the demand they generate from all sorts of buyers. IPS will host all major playersfrom the hot zones, in addition to many other ones who have agreed to customize their offering for our visitors at the end of first quarter of 2015.”

IPS coincides with the Annual Investment Meeting (AIM) and both events are guaranteed to attract hordes of trade visitors. This edition of IPS will witness participation of up to 300 exhibitors.

“The maturity and stability of the Dubai real-estate sector is certain to attract more buyers and investors. We anticipate numerous deals and transaction on the exhibition floor itself. IPS will alsoserve asa venue for cementing partnerships and launch of major new projects.”

“We would like to encourage even small budget buyers to visit the IPS at the Dubai International Convention and Exhibition Centre and benefit from the never-before investment options,some withattractive installment plans.”

Speaking about international exhibitors at the show, Al Shezawi said that driven by a maturing market, transparent legislations and a growing appetite for property investment, international presence will be the highest at this edition of IPS 2015.

“We invite investors, developers, financiers, architects and consultants in property investment, development and construction to visit IPS and keep abreast of the latest market trends as well as meet with decision makers from the real-estate industry,” concluded Al Shezawi

IPS is organised by Strategic Marketing & Exhibitions which is perceived as one of the leading exhibitions and conference organizers in the UAE. The company has grown within and contributed to the exhibition industry and have gained the reputation of being one of the leading experts in all aspects related to the exhibition industry.