Dubai Property Show opens in Shanghai

Taking Dubai’s crème-de-la-crème properties to Chinese buyers’ doorstep, Dubai Property Show opened to public today at the prestigious Shanghai World Expo Exhibition & Convention Center. The three-day event was inaugurated by the Chief Guest, Her Excellency Majida Ali Rashid, Assistant Director General of Dubai Land Department in the presence of the Guest of Honor H.E. Rashed Matar Alqemzi, UAE Consul General to Shanghai, organizers Sumansa Exhibitions, Dubai Land Department officials, Dubai real-estate fraternity and visitors. The exhibition, being held on March 24^th, 25^th& 26^this showcasing a variety of luxurious, high-end, yet affordable properties ranging from residential to commercial to land, among others. Visitors can also benefit from legal advice on Dubai real-estate rules and regulations, as well as financial advice from different banks participating in the event.

Labelled as the ‘Bridge to the Western Countries’, Dubai has become the star attraction for people around the world for its many features. Like its iconic BurjKhalifa, the emirate stands tall for its fertile business opportunities, lucrative returns on real-estate such as strong rental yield, 100% ownership,no restrictions in repatriation of funds, zero crime rates, zero property tax and a diverse nature that allows various nationalities to gel together. Moreover, owners of a property above 1 Million Dirhams (CNY 1.86 Million) are eligible for a property and residence visa.Dubai is also home to hundreds of prestigious international academic institutions paving way for quality education within the region at an affordable price.

Her Excellency Majida Ali Rashid, Assistant Director General and Head of Real Estate Investment Management and Promotion Center at Dubai Land Department said: "Dubai Land Department provides excellent real estate investment opportunities for Chinses investors through the Dubai Property Show in Shanghai. The strategic location of Dubai on the world map has helped to make it the preferred choice for Chinese investors and a leading global real estate destination. The high quality of projects and the skilled art of design and construction in Dubai are also a strong starting point for attracting Chinese investors to the Emirate.”

Her Excellency added: "With a safe environment for living, working and investing, a diversified economic climate capable of attracting all business sectors, and promising growth in activities and new industries, Dubai is a leader in its regional environment. All these features ensure that the investor does not only work in an ideal environment, but also achieves success and growth.”

Sajid Ali, Director, Sumansa Exhibitions commented: “Chinese have become an integral part of Dubai real-estate, as evident by the whopping 10.6 billion Dirhams (CNY 19.8 billion) that they had invested in the Emirate’s property until last year. With Dubai Property Show, we aim to assist Chinese buyers in making best possible investment in Dubai real-estate within various budgets. The exhibition is a one-stop solution for all real-estate needs from best properties in town to the best lawyers, banks and consultants for any kind of legal and financial guidance”.

Exhibitors at Dubai Property Show include Dubai Properties & Falcon City of Wonders as Platinum Sponsors, Binghatti Developers and Tebyan as Silver Sponsors. Nakheel, Damac, Deyaar, The First Group, Shapoorji Pallonji, Seal Real Estate Registration Agent, Seven Tides International, Tiger Properties, Sweet Homes, Mashreq Bank among others. Also Fang.com & UC Forward is the Online Partner and Better Homes, the Sales & Support Partner for the show.

H.E. Salem Almoosa, Chairman and General Manager, Falconcity of Wonders LLC said:  The event indeed offers us an international access to a wide range of unprecedented expansion opportunities, broader growth possibilities, and promising lead generation prospects. Beyond that, however, our unwavering support exemplifies our eagerness to contribute to key events and initiatives designed to effectively put the spotlight on the UAE’s flourishing real estate market as a whole. Falconcity of Wonders has consistently aligned its projects towards achieving the country’s global aspirations through efficiency, transparency and providing award-winning customer service. Our latest property offerings and investments represent global architectural themes that cater to the diversity of the UAE. All these efforts are aligned with the goal of UAE Vision 2021 to catapult the country into the ranks of world’s developed nations”.

Masood Al Awar, Chief Commercial Officer of Dubai Properties said: “We are proud to launch Mudon Views apartments for the first time in China and Dubai. We have no doubt that the integrated lifestyle experiences we offer will appeal to Chinese property investors, who are among the top 10 for such investment in Dubai.”

CEO of Tebyan, Mr. Naji Alia adds, “We believe exhibiting at this Show in Shanghai has opened up new opportunities for us and for investors and realtors from China. We have a very positive outlook towards this event as Sparkle Towers branded with ‘space marveled by SWAROVSKI’ has everything to offer in the Project that Chinese buyers are looking for. Sparkle Towers at Dubai Marina is the epitome of luxury and leisure. It redefines the real essence of the elite way of life and brings fine artistry to the fore. Our aim is to achieve the pinnacle of perfection and bring an experience of a lifetime to all our residents.”

Mr. Muhammad BinGhatti, CEO & Head Architect, Binghatti Developers said: “We are excited to take part in the Dubai Property Show in Shanghai for the first time. We are looking forward to promoting Dubai as a real estate investment destination for Chinese investors.We strongly encourage any serious Chinese investors to visit the property show and take advantage of this golden opportunity.”