Indians flocking to Dubai for International Property Show

Dubai for International Property Show

The event organizers, Strategic Marketing & Exhibitions have predicted that there will be a huge Indian participation in the annual International Property Show to be held in Dubai this April. Khaleej Times reported that a total of 15 Indian companies, double the figure compared to last year, will be showcasing their projects and targeting the large Indian expatriate community of five million at the International Property Show from April 11 to 13, 2016.

Delighted about the fact that Indian investors have a strong inclination towards real estate in Dubai, Dawood Al Shezawi, the president of Strategic Marketing & Exhibitions said, “The close relations between the UAE and Indian governments have created an ideal climate for investment that boosts flow of funds in both directions.”

According to the organisers, Indians top foreign investments in Dubai’s property market. Between 2006 and 2015, India’s investments grew to over 120 billion Dirhams ($32.6 billion) through more than 57,000 transactions beating the largest investor groups – British and Pakistani– both in terms of value and number.