Dubai — Sumansa Exhibitions, a leading show organiser, announced on Tuesday the launch of “Dubai Property Show” in London.
Sumansa, which has a track record in organising successful shows, including the Indian Property Show and Dubai’s popular Ramadan Night Market, said the exclusive London expo would be a targeted showcase of Dubai and UAE properties.
Sunil Jaiswal, CEO Sumansa Exhibitions, said the show, the first such showcase focusing on Dubai real estate, would be held in Olympia London, and would seek to tap eight million London residents and several millions of Europeans and visitors.
He said the three-day show, to be staged from February 27 to March 1, would have at least 55 major developers from the UAE.
A major campaign would be soon under way to create awareness about the promising investment potential Dubai property market holds for investors, he said.
“It is the first of its kind event promising to get real estate developers, sales and marketing agents, hospitality developers, hotels, financial institutions, government departments, architects and interior designers among others under the same umbrella with an opportunity to meet high-net worth customers and investors on a global platform,” said Jaiswal. He said around 2,000 serious property buyers are expected to visit the inaugural edition that would be spread over a total of 3,800-sqm area with 120 exhibiting stands.
“We, at Sumansa are very proud to present the innovative and highly exclusive concept of Dubai Property Show. Under the wise leadership of His Highness Shaikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, the emirate has already attracted global attention and created an extensive investment opportunity for the world, much of
which revolves around the hospitality and real estate industry.
“Now, the Dubai Property Show intends to ride on this wave, creating awareness about the real estate opportunities in Dubai and highlighting the benefits of investing in property. If you are a
real estate developer from Dubai (or the UAE), with a keen interest in exploring new market opportunities and expanding your client base, the Dubai Property Show is the place to be in 2015”, said Jaiswal. “Dubai’s real estate is one of the best markets in the world and surely the number one in Middle East region. Dubai has achieved great reputation worldwide as a favourite tourist and business destination. On the other hand, British property investors are savvy, they understand the potential here and also value no tax policy on rental and capital gains, plus no restriction on repatriation of funds just makes Dubai Real Estate market not only fruitful but easy and transparent,” said Jaiswal.
Addressing a Press conference, Jaiswal said Dubai Property show would allow participants to reach a completely new and high-potential customer base that has a large group of financiers, investors and end-users that is yet untapped on a large scale by Dubai’s developers. “That global-thinking, international customer base is in London – the location for the inaugural Dubai Property Show. A London launch of the Dubai Property Show would give exhibitors access to more than eight million Londoners and millions living in other European countries. In February and March, London will also see visitors from all parts of the world and all of them can be the potential customers. Exhibitors at the show can find a completely new audience to sell projects to, and even find investors and finance houses interested in partnering with them to take their ideas forward,” said Jaiswal.