Bahraini investments into the Dubai real estate sector have topped Dh615 million ($167.4 million) in 2008, says a recent study by REIDIN.com.

This underlines the pull of the emirate among Bahrain-based investors and the strong capacity of this affluent group to undertake sizeable ventures in the property development front.

Bahrain is well positioned to overcome the current economic downturn, with the current market conditions providing an excellent opportunity for investors to purchase high-end, good value projects in the country as well as in other markets in the GCC region.

Given the excellent economic position of the country, Bahraini investors are enjoying wealth that empowers them to invest in high-value properties across the region, says the study.

In line with this, Strategic Marketing and Exhibitions (SME) has announced that it is expecting a significant turnout of investors from the country at the upcoming ‘International Property Show in Dubai.

The biggest transactional property exhibition in the region, IPS will run from February 15 to 17 at the Dubai International Convention and Exhibition Centre.

The ‘IPS - Dubai 2009’ is set to provide an excellent opportunity for Bahraini investors to acquire developments that best match their requirements, said a top SME official.

“The value of investments originating from Bahrain that is being funnelled into the UAE stand as a testament to the tremendous potential in tapping into the highly prosperous investor base in the country by enticing them to venture into world-class regional property investments,” said Dawood Al Shezawi, SME managing director.

The show has been reputed for providing an effective venue for high-impact networking and transactional activities and for adhering to requirements set by the UAE Government pertaining to convenient registration and transfer of property for investors.

“We are positive that Bahraini investors will play a major role at this year’s event, which further underlines the importance of the exhibition among regional players,” he added.

The IPS is set to feature prime real estate projects from the UAE and across the globe, which are expected to draw in high net-worth individuals, commercial and residential investors and specialised visitors from the property and real estate industry.

Since its inception, the show has gained a strong repute as the definitive event for companies to establish strong personal relationships with worldwide players in property and investment industries.

Last year’s event, which was attended by a total of 35,000 visitors has grown by 50 per cent compared to the 2007 edition, and has recorded the largest sales revenues in local, regional and international properties in the show’s history.-TradeArabia News Service