The Dubai Property Festival starts tomorrow and runs for three days, with the anticipated participation of a huge number of overseas property investors attending
The Dubai Property Festival is an initiative of the Dubai Land Department (DLD) through its investment arm, the Real Estate Investment Management and Promotion Centre.
The property festival is being held on 26-28 March 2019 at the Dubai World Trade Centre and will see an impressive roster of international investors.
The Dubai Land Department has made headway in 2018 with an impressive influx of foreign investment in Dubai properties. While Emiratis rank first with AED11.5 billion investment, India tops the foreign nationals with investment value of AED10.8 billion.
The British came next with AED4.3 billion, Pakistanis with AED2.8 billion, and Jordanians with AED1.5 billion.
At the property festival there will be chief executive officers, top representatives of various organizations, institutional investors, real estate funds, real estate agents, and other major real estate investors, all expressing their interest to maximize their investment in Dubai properties
Dubai has been implementing business-friendly policies to sustain an excellent investment climate. This include policies which aim to attract higher influx of foreign investment within the parameters of the UAE FDI Law which was signed in the latter part of 2018, as well as policies on business immigration allowing a property investor to secure a visa through property purchase.
DLD has also been pro-active in ensuring Dubai property investors benefit from a transparent process using technological solutions to record transactions and from DLD’s efficiency in issuing registrations and permits.
This edition of the Dubai Property Festival will accommodate top property developers to showcase their attractive projects to local and international investors. It will also help sustain Dubai’s position as the world’s safe haven for property investments.
Overseas property investors interested in Dubai may wish to hop on a plane.