Wednesday 21 November 2018

MAG Property inks International Property Show deal

DUBAI, November 22, 2017

Dubai-based MAG Property Development (MAG PD) has signed up as a strategic partner for the 14th edition of the International Property Show (IPS), one of the Middle East’s biggest property sales platforms for local and international real estate markets, which will be held in Dubai, UAE.

IPS 2018 will run from April 9 to 11 next year at the Dubai World Trade Centre, where a 20,000-strong international audience will find an entirely revamped format that includes the ‘Mega Property Sale’ for the first time.

IPS has grown rapidly in scale and ambition since its launch in 2001, and has secured the support of major local and regional real estate companies like MAG PD, which has a property portfolio worth in excess of Dh10 billion ($2.72 billion).

On the partnership, Talal Moafaq Al Gaddah, the chief executive of MAG PD, said: "We are pleased to tie-up with IPS as it is an entirely unique platform in the real estate market. It allows exhibitors to go beyond just promoting their projects by giving them a chance to make sales on site."

"This excellent opportunity, promises to be even more exciting with the launch of the ‘Mega Property Sale’. We look forward to showcasing our own projects to IPS’ attendees, including our MAG Creek Wellbeing Resort, MAG Eye, MBL Residence, MAG 318, MAG 230 and MAG 5," he stated.

Dawood Al Shezawi, the chief executive of IPS Organizing Committee, said: "We are proud to be partnering with MAG PD as it is one of the most pioneering and diverse developers in the region."

"The company’s involvement and support is a testament to the growing ambition of IPS, which has gone from strength to strength with every passing year and still stands as the region’s only transactional property platform where real-time sales take place during the event. We are confident that IPS 2018 will be our biggest and best edition to date, as we have gone above and beyond to add value to the event for all participants, particularly by launching our new ‘Mega Property Sale’," he added.

The IPS ‘Mega Property Sale’ has been launched to provide buyers with a chance to buy property through exclusive deals with low interest rates.

Running for all three days of IPS, the sale will showcase market-leading offers from UAE developers, banks, real estate agents and property auction houses, providing investors with a one-stop shop where they can find complete packages of bargain deals.-TradeArabia News Service

Tags: Dubai | MAG Property |

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