(MENAFN- Emirates News Agency (WAM)) Deyaar Development today announced it will have significant participation in the inaugural edition of the Dubai Property Show in London later this month.
Running from 27th February to 1st March at Olympia London, the expo will allow Deyaar to showcase several of its prominent projects in Dubai, including 'Montrose' in Al Barsha South. Deyaar will also spotlight its premium project 'The Atria', a 1.25 million sq feet luxury twin towers complex comprising residential and hotel serviced apartments in the bustling Business Bay district.
Nasser Amer, Vice President, Sales, at Deyaar, said, "Deyaar reached significant milestones last year, and the Dubai Property Show in London is an ideal window for us to showcase our successful projects in Dubai to potential customers from the United Kingdom. Our participation in similar international platforms in the past provided us with a keen understanding of the needs and expectations of foreign investors, which in turn has influenced our decisions regarding new projects." He added, "Given its vibrant business environment, London represents an ideal destination for one-on-one networking opportunities with high-net worth customers and investors from across the world that are keen to explore the real estate and property market in Dubai. We are confident that our participation will help reinforce Deyaar's healthy growth across different market segments." According to recent research conducted by the Dubai Land Department, British investors accounted for 2,258 transactions worth AED5.8 billion in H1 2014. The research data also indicates that property deals worth AED113 billion were completed in Dubai during H1 2014, up from AED108 billion a year earlier.
Deyaar's latest developments reflect the market's increasing demand for upscale residential and well-appointed serviced apartments. The company's venture into this sector is relevant given Dubai's projection of attracting more than 20 million visitors during Expo 2020.
The inaugural edition of the Dubai Property Show in London is expected to attract 2,000 serious property buyers.
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