Longest running property show in Dubai to expand !

The organizers of the Worldwide Property & Investment Show, Dubai Shows, have announced that they are doubling the size of the event, to cope with demand!

The show now in its 13th season, is the longest running real estate exhibition in the UAE.

It is returning to the Grand Hyatt Dubai on Thursday 1st-Saturday 3rd November 2007, and will be taking over 4,000m2 at the 5 star hotel.

George Betz, Sales Director at UK based organizers Dubai Shows Ltd said, “We are now established as the event for overseas developers and agents to visit the city. In the past we have attracted over 65 companies from over 25 countries, including of course UAE developers and agents. Now we are getting more and more requests from locally based exhibitors who are aware of the potential of exhibiting alongside their foreign colleagues in the property business.”

With the market, particularly in the UAE becoming more competitive, many of our clients have requested that we take our property exhibitions further a field not only to sell to investors but more importantly to meet leading local agents to secure valuable ongoing business. By joining our Worldwide Property & Investment Show with the established Property Arabia show at the Bahrain Exhibition Centre on October 24th-27th 2007, we expect the buyers and investors from Saudi and Bahrain to flock to the 4 day event. Finally with the recent law allowing Koreans to invest up to US$3million per person in overseas properties coupled with China’s booming economy, we felt it was an excellent time to take our show to Seoul and China this winter.

This year the organizers have taken all the available space at the Grand Hyatt’s Convention Centre doubling the size of the show. They are also launching the first Finance Forum to be held in the city, to enable buyers and investors to meet all the leading banks, mortgage brokers, lawyers and tax specialists.

The Financial Forum will take place within the Worldwide Property & Investment Show. There will be regular free workshops and clinics covering mortgage advice, currency and tax implications, offshore companies plus wealth management.

Mike Bridge, Director of Dubai Shows said, “Finding the right finance package is as important as finding a suitable property, so by inviting the banks and brokers to participate widens the appeal of the event. Wealth management and tax issues are also of great interest to many of our expatriate visitors, so we expect the financial workshops to be packed!”

Sherwoods International the real estate agents will be promoting their international developments, plus their UAE portfolio of off plan and resale residential and commercial Real Estate at the show.

Iseeb Rehman, the company’s CEO said, “Sherwoods have participated in all these shows since way back in 1996. Although they may not be the biggest property events in town, they have been extremely successful for us. People need time to meet the exhibitors especially from overseas, and the Grand Hyatt is the perfect 5 star venue to meet serious investors.”

The organizers are also running shows in Bahrain, Seoul, Beijing and London during the second half of 2007.