Dubai Property Investment Show 2005 90% sold out

Dubai Property Investment Show, part of International Property Week, the region’s premier exhibition for the international and Middle East property market is witnessing an overwhelming response with more than 90 per cent of the stands already sold. Around 150 companies from over 20 countries will be participating in the show to be held from 1 to 3 February 2005, at the Dubai International Exhibition Centre.

International Property Week comprises the exhibition, investment seminars, a conference, site visits, interaction with property experts, consultants, designers and finance providers. Several new property launches and special deals will also be featured at the show.

Commenting on the tremendous response from international exhibitors and the variety of investment options, Guy Guillemard, Marketing Director of The DOMUS Group, co-organisers of the show stated, “We are very pleased with the level of response that we have received so far. We have over 100 stands at the venue and more than 90 per cent of these have already been sold. This is an ideal opportunity for regional and local investors to choose from a variety of investment options. Properties and investment opportunities from over 20 countries  including UAE, Australia, Bahrain, Croatia, France, Germany, Egypt, India, Lebanon, Germany, Malaysia, New Zealand, Spain, Thailand, UK, USA and Iran will be available at the show. This is a first for the region. It will feel like the whole world of real estate gathered under one roof.”

The Middle East Real Estate Conference and the seminar programme of International Property Forum run concurrently with the exhibition. These events facilitate knowledge-sharing, information-exchange and networking. Visitors will find International Property Week gives them a range of choices and the tools to plan investments or property purchases more wisely than ever before” Guy added.

The exhibitors too are enthusiastic about the Property Show. Toni Howard, Sales and Marketing Director, PRD Nationwide, Middle East said, “PRD Nationwide Middle East, based in Oman, is our first office in this region and we expect to launch our brand to other regions through the Dubai Property Show. This would be an ideal platform to create awareness about new concepts which could interest potential investors.”

Behrouz Javaheri, Chairman, Saba Group, which is one of the leading developers within the freehold property sector in Dubai and has pioneered the concept of freehold office space, said: “Saba Group is confident about the prospects of freehold property sector in Dubai and is committed to its continued development".

“Apart from our Office Tower project, we are also developing twin residential towers within the precincts of Nakheel's Jumeirah Lakes Towers community in the new residential and business hub of Dubai. Our projects have been well-received by both local and international investors and we look forward to effectively addressing the needs and expectations of these segments through our participation at this annual show.”

Dawn Ormerod of Coast2Coast Properties from Spain hopes to promote a fast developing region of Spain and launch some innovative products at the Property Show. “We hope to promote the Murcia region of Spain to a much wider international audience. We will be launching an exclusive product which will be an unheard of concept in Spain.”

Dubai Property Investment Show will be open from 10am-1pm on 1st and 2nd of February and 10-8pmon Thursday 3rd.