The Dubai Land Department, DLD, has organised the ‘Dubai Property Show – Mumbai’, and the ‘Luxury Property Show – Shanghai’, respectively, from 7th to 10th December, 2018, at the Bandra Kurla Complex in Mumbai, India, and from 7th to 9th December, 2018, at the Shanghai Exhibition Centre in Shanghai, China.
Majida Ali Rashid, CEO of the Real Estate Promotion and Investment Management Sector at the DLD, said, “The DLD is eager to establish a distinguished presence suitable to the size, location, and expectations of the shows, especially as they are being organised in two of the largest cities in Asia. The Real Estate Promotion and Investment Management Sector at the DLD developed integrated promotional plans to support the exhibitors and participants, including major real estate developers in Dubai who are offering visitors a wide range of diverse and luxurious properties catered to their needs, taking into account the diversity of the investors in these two cities.”
Rashid added, “Our participation in two simultaneous global events affirms our ongoing efforts to assist developers in targeting real estate investors. Taking into account the attractiveness of Dubai’s real estate market to Indian and Chinese investors, we can deduce the underlying causes for organising the two shows in India and China with unprecedented success. On the other hand, we have a cooperative and coordinated relationship with the various participants, which allows us to highlight Dubai and its great investment horizon, as well as provide a detailed explanation of the real estate environment, the ease of doing business, real estate registration, and investment benefits that investors can receive.”
Indian investors make up the largest segment of property buyers in Dubai following UAE’s citizens, as the Emirate is one of their preferred destinations for investment, trade, tourism, and employment. The UAE and India have close relations for a long time, where Indians consider Dubai their ideal choice when investing money abroad as it offers unique advantages, most notably high returns on investments, a safe environment, and transparent legislation that guarantees the rights for all.
Also, the DLD’s statistics and reports over the past few years indicate an increasing demand by Chinese investors in Dubai’s real estate market – whether for residence or investment – in light of the growing trade relations between the two countries, as well as DLD’s efforts to promote the Emirate’s properties across several Chinese cities.