Dubai Property Show: 3-Days Property Exhibition in Mumbai

Dubai Property Show

Dubai’s 3-day property exhibition known as the Dubai Property Show is first time in India and it is for the citizens of India where cream real estate developers will showcase their property models to attract new or seasoned investors as well as end consumers. In Dubai Property Show developers are planning to display upcoming iconic projects. In India real estate market there are many investors who are looking for the properties which can be rented by the high-end segment and due to that they are ready to buy luxurious assets for long term profits.

About Dubai Property Show:

On Friday, Dubai Property Show was launched at the Bombay Exhibition Centre in suburban region of Goregaon. Ahmad Bin Harib Al Falahi, who is UAE Commercial and Trade attaché in India stated that “It’s great pride for me and all the people who are from UAE because our city is being exhibited in all over Mumbai. In this property show it is expected that we will get a lot of offering which will include from small, big, affordable and luxury property developers for the Indian market”.

Why Dubai Property Show is Important?

This property show has brought more than 35 reputed property developers from Dubai under one roof and it is expected that this property show will be highly informative and valuable for those consumers and investors who are planning to invest in Dubai real estate market. According to recent trend there are many Indians who are buying property in Dubai from the past several years. Number of visitors was less in morning, but it grew by the end of noon and now exhibitors are bracing for a rush because of weekend. Many big and long term investors are looking for the property which could be rented out by high-end visitors.

Attractive properties at Dubai Property Show:

Austrian Kleindienst Group presents their “The Floating Seahorse” an underwater project with a floating retreat of three storeys (one underwater, one at sea level and another upper deck). According to Charlotte Sky Ferrey, Group Marketing Manager “It’s one among few underwater projects and each costs Dh7.76 million”.

Malaika Arora Khan, Bollywood celebrity was present at the launch of property show and she described it as “extravagant and spectacular property show”. The more she added that it’s advanced and futuristic and as smart investors visitors should avail this amazing opportunities because it’s great destination and opportunity to invest in Dubai.  However; there is no need to elaborate the love between these two countries and I hope we will keep encouraging these kinds of property shows and other ties in Dubai and India as well. While answering the query of local journalists that “How different nationalities could live together in one community project?” Sultan Al Akraf, Head of Reat Estate Registration at Dubai Land Department stated that Dubai is the country where 204 nationalities live together and due to that we are unique because in Dubai no one is concerned where anyone comes from”. The more he added that Dubai is truly a global city. And those who want to invest in our country, the rules and policies are clear and transparent. This year all real estate developers have taken a strategic decision to showcase and demonstrate their offerings in whole India, not in just one city.

Nakheel, UAE-based Real Estate Developer:

Nakheel, UAE-based real estate developer was one of the exhibitors who is displaying his project worth more than Dh16.8 billion or $4.6 billion at construction cost.   Rebecca Rees, Representative of Nakheel stated that “Indian clientele is important for us and Indian investors account for more than 11 per cent owners in Nakheel properties, by buying more than 4,400 villas, apartments and land plots with combined value of about $2.5 billion. The she added that we are displaying both residential as well as commercial projects here in this property show, which also includes new 15.3 kilometres Deira Islands Master Community.

As per the statement of Barry Ebrahimy from Al Hamra Real Estate Development, “Indian s have significant portion as investors and end consumers in the property of UAE. We are offering properties which starts from Rs6.5 million for a 450 square foot apartment on a private island”. Apart from that all real estate developers are pretty confident while talking about returns because they are saying that all the properties in Dubai Property Show holds some promise of good returns.