Newer areas of Dubai, UAE, are coming under property investors’ radar as the market becomes more end-user driven, said a report.

The real-estate transactions in 2014 were spread out across the emirate of Dubai, according to a recent report by Dubai Land Department's Real Estate Research and Studies Section.

The report stated that more than 53,871 real estate transactions had been made in 2014 alone.

The total number of transactions in terms of sales reached 38,113, with the value exceeding Dh112 billion ($30.4 billion), the report added.

This indicates fragmentation of the realty market in Dubai, with each location being valued on the basis of its own supply and demand fundamentals, said the organisers of the upcoming International Property Show 2015 in Dubai.  

The event is being organised by Strategic Marketing & Exhibitions from March 30 to April 1 at the Dubai International Convention and Exhibition Centre.

It has attracted various levels of developers, including promoters of luxury, residential and commercial projects in the UAE, in the region and internationally, all keen to showcase their diversified offering to investors and trade visitors, said Josine Heijmans, the exhibition director at Strategic Marketing & Exhibitions.

"The market is becoming more end-user driven, with cash investors outstripping mortgages, reflecting its maturity and attractiveness to all kind of investors. More importantly, the sector is becoming more resilient, due to diversity and multi-location investment options," noted Heijmans.

He pointed out that investments were being pumped into new lesser known parts of the city, which is a healthy sign for the industry.

International Property Show offers direct unit sales for end-users as well as trade visitors. It gives visitors a chance to compare prices of several developers and obtain comprehensive insights on investment options and new areas coming into focus across Dubai.

The major property event will also host a two-day IPS Real Estate Forum which will address latest trends and developments in key international property hotspots, including USA, Australia and Spain through presentations, panel discussions and case studies.

Major industry topics will include effective use of expert witnesses in property sector disputes, international property standards (IPMS), strategic facilities management and a responsible business best practice toolkit for the land, construction and real estate sector.

A one-of-a-kind annual event, International Property Show, allows end-users to directly buy properties right on the exhibition floor, thus offering the biggest retail platform for property buyers.-TradeArabia News Service