BIZ TODAY REPORT
DUBAI: The International Property Show (IPS), the Middle East’s biggest property sales platform for local and international real estate markets,has announced its strategic partnership with MAG Property Development (MAG PD) for the 14thedition of the event. IPS 2018 will run from 9th to 11th April next year at the Dubai World Trade Centre, where a 20,000-strong international audience will find an entirely revamped format that includes the ‘Mega Property Sale’ for the first time.
IPS has grown rapidly in scale and ambition since its launch in 2001, and has secured the support of major local and regional real estate companies like MAG PD, which has a property portfolio worth in excess of AED 10 billion.
Dawood Al Shezawi, CEO of IPS Organizing Committee, commented: “We are proud to be partnering with MAG PD as it is one of the most pioneering and diverse developers in the region. The company’s involvement and support is a testament to the growing ambition of IPS, which has gone from strength to strength with every passing year and still stands as the region’s only transactional property platform where real-time sales take place during the event.We are confident that IPS 2018 will be our biggest and best edition to date, as we have gone above and beyond to add value to the event for all participants, particularly by launching our new ‘Mega Property Sale’.”
The IPS ‘Mega Property Sale’ has been launched to provide buyers with a chance to buy property through exclusive deals with low interest rates. Running for all three days of IPS, the sale will showcase market-leading offers from UAE developers, banks, real estate agents and property auction houses, providing investors with a one-stop shop where they can find complete packages of bargain deals.
TalalMoafaqAl Gaddah, CEO of MAG PD, added: “We are pleased to support IPS because it is an entirely unique platform in the real estate market. It allows exhibitors to go beyond just promoting their projects by giving them a chance to make sales on site. MAG PD will be adding value by providing strategic insights into how to tap into this excellent opportunity, which promises to be even more exciting with the launch of the ‘Mega Property Sale’. We also look forward to showcasing our own projects to IPS’ attendees, including our MAG of Creek Wellbeing Resort, MAG EYE, MBL Residence, MAG 318, MAG 230 and MAG 5.”
As part of the ‘Mega Property Sale’, developers will be offering buyers low down payment and registration fees, as well as special discounted prices. Buyers will also benefit from free legal consultancy, three-day local distress deals through live auctions, and a series of exclusive offers from banks including no processing or service fees, onsite pre-approvals and low interest rates. Brokers at the event will find themselves set up for success at the dedicated ‘Brokers Village’, where they can display their portfolios of exclusive deals with the best rates from top developers.
The event also serves to connect the global real estate community, allowing attendees and exhibitors to meet with investors, network and engage with industry peers, establish new partnerships, and explore regional and international customer needs and demands. Other highlights of the new show include a special on-site B2B lounge, B2C meetings, real estate conferences and workshops, interactive country pavilions, and four co-located events: the Annual Investment Meeting, AIM Startup, Future Cities Show, and the Dubai International Government Achievements Exhibition.