Dubai Developers are set to attract Chinese Investors in Hong Kong
Dubai Developers
Dubai Property Show is an international real estate event where real estate builders of Dubai showcase their property and after India now developers of Dubai are ready to attract he Chinese investors at the land of Hong Kong since Chinese investors are in top 10 lists of expatriate property buyers. Apart from that Dubai is one of the most lucrative property market in the Middle East and Asia.
However; this property show have mark success in London and Mumbai and now it will be held in Hong Kong Convention and Exhibition Centre from 28 January to 30 January 2016. Sumansa Exhibitions is organizing Dubai Property Show and it is providing an opportunity to investors to view as well as understand the different existing and upcoming real estate projects. Apart from that here investors will have an opportunity for a face-to-face interaction with the officials or representatives of real estate developers.
Participants of Dubai Property Show:
However; the participants are; Seal Real Estate Registration Agent, FalconCity of Wonders, Jumeirah Golf Estates, Nakheel, SPF Realty Real Estate Broker, Al Marjan Island, Driven Properties, Trafalgar Properties, Taktical Realty Group, and much more.
Why Dubai?
As per the data driven analysis of Dubai Land Department (DLD), which is the official sponsors of the exhibition stated that in 2014, Chinese citizens invested more than Dh1.77 billion (HK$ 3.73 billion) in the real estate market of Dubai and I present they are in the list of top 10 expatriate nationalities which are investing in the real estate market of the Dubai. According to Sultan Al Suwaidi, Partner at Sumansa Exhibitions stated that “Hong Kong is one of the leading and best international finance centers as well as it is the business and commercial capital of the Asia with major capitalist service economy characterized by low taxation and free trade”. The more he added that it has one of the most valuable and active traded currencies and with these features it is one of the most fertile markets for developers to explore. With the help of Dubai Property Show in Hong Kong city, the participants will be able to reach out to one of biggest realty customer bases of the emirates.
With the help of this event developers will get an opportunity to build their credibility as well as create their brand awareness through positive and personal word of mouth and it will help them to find the new customers with existing ones. Salem Almoosa, the Chairman of FalconCity of Wonders stated that the show was held in India it was provided us an ideal platform to showcase our city at the global stage. We have gained significant international mileage and now we are accommodating a lot of inquiries after the success of event.
Why Chinese will buy property in Dubai?
It is expected that with an aim to diversify their investment portfolio, Chinese will buy properties overseas and Dubai is partly the most attractive market which can provide good returns in future and in some cases it is offering 30 percent return which is more than the real estate market of Hong Kong, Shanghai and Beijing. This property show will be platform for wealthy investors as well as for the general public because they can also find affordable property in Dubai. According to latest reports, there are more than 300,000 Chinese who are visiting Dubai each year as tourists. As per survey of Juwai.com, a Chinese real estate portal in September 2015, there were 1,200 per cent increase in buyer who have invested in the properties of Dubai because now Chinese buyers are looking for investments beyond the traditional gateway cities such as; Hong Kong, Singapore, London, Sydney, New York and Los Angeles.
