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DP puts up good show at London property expo

LONDON, May 16, 2016

Dubai Properties (DP), a leading real estate master developer, showcased its key projects at the Dubai Property Show London 2016 for the second consecutive year.

The show was held from May 13 to 15, 2016, under the sponsorship of Dubai Land Department, at the prestigious Olympia West Hall, London.

DP showcased its latest projects, including 1/JBR, Arabella 2 and Serena, offering British investors a wide portfolio of products ranging from high-end beachfront developments that are popular among UK buyers to affordable communities that grant solid returns on investment, said a statement from the developer.

British citizens have emerged as the second largest investors in Dubai real estate and according to the Dubai Land Department they have invested £1.9 billion ($2.73 billion) in 2015, a strong indicator of the savvy UK investor demand for high quality real estate.

Dubai’s strong market fundamentals are made up of world-class infrastructure and a regulatory environment that ranks among the most favourable in the world.

Dubai Property Show London has established itself as a solid platform for UAE-based developers to present their latest projects which come in line with the Dubai’s Vision 2020 of becoming a tourism and business hub.

Masood Al Awar, the chief commercial officer said the emirate and Dubai Properties present an attractive investment haven of real estate investments.

"Our participation in this event was key to further boost international inward investments in light of the great response we have witnessed. We believe that the combination of our offerings combined with the UAE’s stability, continued economic growth and high returns on investment are appealing vital drivers to the growing British investors’ base, particularly from the UK," stated Al Awar.

“DP’s broad and diverse land bank, and master-planned developments, serve as a socio-economic growth catalyst which contribute to the economic diversification of the country, supporting not only the real estate market but additional industries, including tourism, retail, and hospitality,” he added.-TradeArabia News Service
 




Tags: property | Dubai Properties | London |

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