BIZ TODAY REPORT
DUBAI: The International Property Show (IPS), the Middle East’s biggest property sales platform for local and international real estate markets, is set to take place in Dubai from 9th to 11th April 2018 at the Dubai World Trade Centre, where it will be driving international sales through Country Pavilions that open up a world of investment opportunities for expats.
The Country Pavilions, including India, Egypt, Europe (Cyprus, Spain, Portugal, Greece, UK, Montenegro, and Georgia), Pakistan, Turkey, North America and Asia,form part of the new IPS ‘Mega Property Sale’, which is designed to provide buyers with an excellent opportunity to buy property through exclusive deals with low interest rates. At the Country Pavilions, attendees will find a wide range of special prices and package rates that enhance the appeal of overseas property investment.
Dawood Al Shezawi, CEO of IPS Organizing Committee commented: “The global scope of IPS 2018 is a testament to the growing international acclaim of the show, which is now attracting real estate companies from across the world. The Country Pavilions are a vital part of our new ‘Mega Property Sale’, as they will allow UAE expats to access major international real estate markets while also providing developers with an effective way to promote and sell their properties at attractive rates. We are confident that the upcoming IPS will generate more international sales than ever before.”
Indian expats in the UAE are the most prolific real estate buyers in terms of both value and volume, and generated AED 12 billion worth of real estate transactions last year. Meanwhile, expats from United Kingdom, Pakistan and Egypt invested AED 4 billion, AED 3 billion and AED 1.7 billion, respectively.
The IPS Country Pavilions will allow exhibitors to tap into these high-spending audiences and communicate the benefits of investing in their countries. Theseinclude a strongly emerging economy in India, a sustained and healthy 2017 GDP growth of 1.5% in Europe, a wide range of price and location options in Egypt, and a fortified real estate market in Pakistan thanks to the USD 51.5 billion injection for the China-Pakistan Economic Corridor.
Running for all three days of IPS, the ‘Mega Property Sale’ will showcase market-leading offers and discounted prices 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.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.
Sponsors and partners for IPS 2018 include DLD, Main Partner; MAG Property Development, Azizi, Wahat Al Zaweyaand Dubai Properties, Strategic Partners; REIDIN, Knowledge Partner and The Publicity Network, Key Communication Sponsor.