Quotes: US MENA   Enter Symbol: NewsLetter: Search: advanced

New hotspots across Dubai boost emirates real estate landscape, aided by Expo 2020  Join our daily free Newsletter

MENAFN Press - 10/04/2014
No. of Ratings : 0
Add to Mixx!



(MENAFN Press) Undercurrents of Expo 2020 dominated the second day of the 10th International Property Show, which coincides with the Annual Investment Meeting 2014, at the Dubai International Convention and Exhibition Centre (DICEX).



The show, only one of its kind in DICEX for retail properties, was abuzz with Expo 2020 talk, and how Dubai's real estate was enriched by the emergence of new hotspot across the Emirate, giving new lucrative options for investors and end-users alike. This has reinforced the position of Dubai on the economic, tourism, construction and commercial fronts



Dawood Al Shezawi, CEO, Strategic Marketing & Exhibitions, organizers of the International Property Show, said: "No doubt, Dubai's successful Expo 2020 bid has generated higher demand for properties in the Emirate. All locations in Dubai have become appealing for investors in the run-up to Expo 2020. We feel investors believe strong in the vision of Dubai.



The exhibition, the biggest since its inception, which is supported by the Dubai Land Department, has emerged as one of the leading regional real-estate meeting platforms for developers, investors and regional and international companies working in this field.



Al Shezawi added: "The Dubai market is very dear to GCC investors because of the proximity from their home counties, thus giving the Emirate an edge in building confidence in the potential for high returns on investment.



IPS 2014 has attracted higher number of exhibitors and hordes of visitors. On the first two days of the show, legislations, transparency and flexibility of investments were discussed, in association with the knowledge partner of the show, The Royal Institution of Chartered Surveyors (RICS) International



"Attracting Sustainable Real Estate Investment" was the theme of a one-day Conference on the second day



The Conference has brought to the table roadmaps for emerging markets to compete with more established real estate markets



This world-class conference comes at a time when institutional investors are looking at Dubai as a typical realty market that provides income generating assets in the mid and long run. The conference discussed local and regional market transparency and factors that motivate international funds to commit large sums of money to the local market, a trend that has been remarkable in the Dubai market since the start of 2014



The conference theme centred on how frontier and emerging markets can attract sustainable real estate investment.



Moreover, role of regulation in driving transparency, market confidence and facilitating sustainable investment in emerging markets were some of the key topics discussed.



The conference hosted a special session on contracts, dispute resolution and dispute avoidance in the construction and real estate sectors, and how to avoid risk pricing, project delays and unwanted costs



Exhibitors have come from all over Europe, Asia Pacific and North and South-East Africa. These will include developers involved in the development of residential communities and high-rise buildings, entertainment facilities, retail outlets, financial institutions, banks and investment companies, pension funds, asset management companies, authorities, investment zones and engineers of construction and interior design.


About Expo 2020
Expo 2020

 






  MENA News Headlines
 Jul 22 2014 - Abu Dhabi Airport builds facilities to increase passengersMENAFN
(MENAFN) As part of Abu Dhabi International Airport's plan to reach a record high in numbers of passengers, it has added a number of new facilities to its operations, according to Arabian ...

 Jul 22 2014 - UAE's Sheffield builds tallest tower in DubaiMENAFN
(MENAFN) UAE-based Sheffield Holdings Limited will build the second tallest tower in the UAE, and is now 80 percent completed, according to Arabian Business.The new tower, Marina 101, extends over ...

 Jul 22 2014 - Saudi STC profit up 96 percent in Q2MENAFN
(MENAFN) Net profit of Saudi Telecom Co. (STC), the Gulf's biggest telecommunications operator by market value, boosted more than expected by 96 percent in the second quarter of the current year, ...

 Jul 22 2014 - Saudi Alhokair profit up 15.7 percent in Q2MENAFN
(MENAFN) Saudi Arabian retailer Fawaz Abdulaziz Alhokair Co. reported an increase in its net profit by 15.7 percent in the second quarter of the current year, according to Arab News.Net profit in the ...

 Jul 22 2014 - Saudi Sadara awards Rolta multi-million contractMENAFN
(MENAFN) Sadara Chemical Company (Sadara) has awarded Rolta a contract to implement a comprehensive engineering information system within Sadara's Jubail integrated chemical complex, according to ...

 Jul 22 2014 - Palestinian gunmen kill three Israeli troops including officerKuwait News Agency (KUNA)
(MENAFN - Kuwait News Agency (KUNA)) Palestinian resistance groups were firing rockets at Israel areas as well as attacking occupation ground forces at the eastern outskirts of Gaza City on Monday, ...

 Jul 22 2014 - Saudi, Moroccan kings tackles developments in regionKuwait News Agency (KUNA)
(MENAFN - Kuwait News Agency (KUNA)) Saudi King Abdullah bin Abdulaziz received on Monday Moroccan King Mohammad VI and discussed the latest developments in the Palestinian territories.According to ...

 Jul 22 2014 - Egypt not to amend Gaza ceasefire initiative - FMKuwait News Agency (KUNA)
(MENAFN - Kuwait News Agency (KUNA)) Egyptian Foreign Minister Sameh Shukri on Monday refuted speculations that his country might amend its initiative for ceasefire in Gaza Strip."There is no plan ...

 Jul 22 2014 - Arab Parliament condemns terrorist attacks in Egypt, TunisiaKuwait News Agency (KUNA)
(MENAFN - Kuwait News Agency (KUNA)) President of the Arab Parliament Ahmad Al-Jarwan condemned Monday the two terrorist attacks: on Egypt's Libyan borders, and on Tunisian soldiers on borders with ...

 Jul 22 2014 - Arab League chief hopes Hamas accepts Egypt's ceasefire initiativeKuwait News Agency (KUNA)
(MENAFN - Kuwait News Agency (KUNA)) Arab League Secretary General Nabil Al-Araby hoped Monday Hamas would accept the Egyptian initiative to establish a ceasefire in Gaza."The Egyptian initiative ...

more...


 






Google

 
 

Middle East North Africa - Financial Network

MENAFN News Market Data Countries Tools Section  
 

Middle East North Africa - Financial Network
Arabic MENAFN

Main News
News By Industry
News By Country

IPO News
Islamic Finance News
Private Equity News

How-To Guides
Technology Section

Travel Section

Search News

Market Indices
Quotes & Charts

Global Indices
Arab Indices

US Markets Details

Commodoties

Oil & Energy

Currencies Cross Rates
Currencies Updates
Currency Converter

USA Stocks
Arab Stocks
 

Algeria 
Bahrain 
Egypt 
Iraq
Jordan 
Kuwait 
Lebanon
Morocco 
Oman 
Palestine
Qatar 
Saudi Arabia 
Syria
Tunisia 
UAE 
Yemen

Weather
Investment Game
Economic Calendar
Financial Glossary

My MENAFN
Portfolio Tracker

Voting

Financial Calculators

RSS Feeds [XML]

Corporate Monitor

Events

Real Estate
Submit Your Property

Arab Research
Buy a Research

Press Releases
Submit your PR

Join Newsletters


 
© 2000 menafn.com All Rights Reserved.  Terms of Service | Privacy Policy | Contact Us | Advertise | About MENAFN | Career Opportunities | Feedback | Help