Thanks to a robust property sector growth, the real estate hotspots in Dubai, UAE, are expanding fast amid renewed interest from investors in newer areas that were not considered  'hot' a few years ago, said experts.

While areas like Downtown Dubai, Business Bay, The Palm Jumeirah and Dubai Marina have been the dominant players of Dubai's real estate sector, many unheralded areas are coming on the radar and they are expected to gain further prominence at the three-day International Property Show (IPS) 2015 exhibition, they stated.

The show, to be held at the Dubai International Convention and Exhibition Centre from March 30 to April 1, is one of its kind in the region as it mainly targets end-users who wish to buy units on the spot, said the organiser, Strategic Marketing & Exhibitions.

"The show has been positioned as a powerful retail platform targeting all types of potential buyers who can shop for properties with the same ease and comfort as shopping for goods in a retail store," stated its CEO Dawood Al Shezawi.

Al Shezawi said Dubai's property sector is likely to sustain current growth because demand still outstrips supply, opening up newer investment options for investors.

The emirate continues to hold a prominent position globally as a top performer when it comes to return on investment and rent yields, backed by strong legislation, he stated, citing experts.

"Hot real estate zones are mainly measured by the demand they generate from all sorts of buyers. IPS will host all major players from the hot zones, in addition to many others who have agreed to customise their offering for our visitors at the end of first quarter of 2015," added Al Shezawi.

IPS coincides with the Annual Investment Meeting (AIM) and both events are guaranteed to attract hordes of trade visitors. This edition of IPS will witness participation of up to 300 exhibitors.

According to Al Shezawi, the maturity and stability of the Dubai real estate sector was certain to attract more buyers and investors.

"We anticipate numerous deals and transaction on the exhibition floor itself. IPS will also serve as a venue for cementing partnerships and launch of major new projects," he noted.

He urged small budget buyers to visit the IPS and benefit from the never-before investment options, some with attractive instalment plans.”

On the global participation, Al Shezawi said: "The presence of international exhibitors will be the highest next year mainly due to a maturing market, transparent legislations and a growing appetite for property investment."

"We invite investors, developers, financiers, architects and consultants in property investment, development and construction to visit IPS and keep abreast of the latest market trends as well as meet decision makers from the real estate industry," he added.-TradeArabia News Service