Tuesday 9 August 2022

Dubai Land Department to host expos in Mumbai, Shanghai

DUBAI, December 3, 2018

The Dubai Land Department (DLD) is set to organise two international real estate exhibitions - one in Mumbai, India and the other in Shanghai, China - this month.
The 'Dubai Property Show – Mumbai' will run from December 7 to 10 at the Bandra Kurla Complex, while the 'Luxury Property Show - Shanghai will run from December 7 to 9 at the Shanghai Exhibition Centre.

The Mumbai event is significant since Indian investors make up the largest segment of property buyers in Dubai after Emirati citizens, as the UAE 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, said a top official.

"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," remarked Majida Ali Rashid, the CEO of the Real Estate Promotion and Investment Management Sector at the DLD.

"We have 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," she noted.

Ali Rashid said DLD's participation in two simultaneous global events affirms its 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," she noted.

Citing DLD’s statistics and reports over the past few years, Ali Rashid said the Dubai’s real estate market has been witnessing demand from Chinese investors in Dubai’s real estate market – whether for residence or investment.

This comes 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, she added.-TradeArabia News Service

Tags: Shanghai | Mumbai | Dubai Land Department |

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