Dubai Property Show Bombay Exhibition Centre Bollywood Celebrity and Style icon Malaika Arora Khan kicked off the realty expo

Dubai Property Show Bombay Exhibition Centre Bollywood Celebrity and Style icon Malaika Arora Khan kicked off the realty expo

Investment starts at Rs. 62 lakhs for apartments and at Rs. 2.5 crores for Villas

·         3 day property extravaganza running until Sunday, features thousands of properties to suit every pocket: from budget to luxury apartments to villas to beach properties to furnished apartments and commercial properties

·         Attend free educational seminars by property gurus, avail low interest rate loans from participating banks and up to 50% finance plus exciting promotional offers

; Mumbai, India: Dubai’s premiere real-estate exhibition, Dubai Property Show, opened its doors to the Indian public for the first time at the prestigious Bombay Exhibition Centre today. The exhibition was inaugurated by Mr. Ahmad Bin Harib Alfalahi, UAE Commercial & Trade Attaché to India while Bollywood celebrity, Malaika Arora Khan lent the glamour quotient to the ceremony. Organised by Sumansa Exhibitions in partnership with Dubai Land Department, the show will run until Sunday, 8^th November and will be open to visitors from 11 am to 8 pm every day. The property extravaganza boasts of 35 reputed property developers from Dubai, UAE under one roof and promises to be a highly informative and valuable experience for Indians who have been the number one property buyers in Dubai for past several years. Entry is free on all the three days of the show which also includes free seminars, exciting promotional offers and financing facilities.

Cream of developers; thousands of properties: Visitors will get to mingle with the who’s who of the emirate’s real-estate – developers whose iconic projects have put Dubai on the world map as a key investment destination. Exhibitors include eminent names such as Falconcity of Wonders, Emaar Properties, Al Hamra Real Estate Development, Jumeirah Golf Estates, Tebyan, Select Group, Nakheel, Dubai Properties, Deyaar Development, Meydan Sobha, Damac Properties, Dubai Sports City, Kleindienst Group among others who are exhibiting a huge variety of real-estate – ranging from budget to luxury apartments to villas to beach properties to furnished apartments and commercial properties. Attendees will have three days to survey their areas of interest in depth before making an informed decision on which property to buy. Those looking for financial assistance can also avail low-interest loans being offered to resident Indians at the expo.

Free Informative seminars and promotions: Visitors will also benefit from free seminars that will introduce them to the nitty gritty of investing in the Dubai land and can avail promotions to make the deals all the sweeter. The seminars will be conducted by property gurus representing top developers, the likes of Emaar, Al Hamra and Jumeirah Golf Estates; research firm Knight Frank and the Dubai Land Department. Others include property consultants, international lawyers and business heads. Through these sessions, experts will guide prospective buyers on how to finance investment in the UAE, legalities of investing in Dubai, give an overview of the emirate’s realty performance in the residential sector and investment opportunities in other emirates, among other topics.

Commenting on the Dubai Property Show in Mumbai, HE Sultan Butti bin Mejren, Director General of the Dubai Land Department DLD said: “Dubai, with its all-encompassing, flexible nature, offers class and comfort at an affordable price, not to forget excellent quality and a ready infrastructure. This will be particularly attractive to the middle-income group, which will no longer have to choose between affordability and luxury. Indians have long understood the value of Dubai real-estate – as evident by their growing investment in the emirate – and they realise the long- and short-term financial dividends that they can attain. This is why Indian nationals continue to rule the foreign real-estate investment chart; in the first half of 2015 alone, they sliced a significant 15 percent share – the highest in Dubai’s real-estate market by a foreign nationality”.

Sunil Jaiswal, President, Sumansa Exhibitions explained why Dubai real-estate makes is a sound investment: “To begin with, the economic activity in Dubai has shown healthy figures as evident by the city’s diversification across various sectors including finance, logistics, tourism and retail. With Expo 2020 round the corner, the economy is certain to improve further which will have direct affect on rental and resale value of Dubai property. In the last one year, Dubai has reached more than 7% in rental yields in the mainstream property segment, not to forget that returns here are always tax-free. Office rents in particular, have seen profitable returns; rents were 23 per cent higher in the Q4 of 2014 than last year.”

Alharith Almoosa, Vice Chairman and Deputy General Manager, Falconcity of Wonders LLC added: “Dubai’s real-estate sector gives you your money true value for what you purchase. In fact, in London, a 21 sq m unit would cost USD 1 million, according to Knight Frank report. However, in Dubai, you can buy approximately 145 sq m unit with the same amount of money with no compromise on quality. Moreover, Dubai’s quality of life provides outstanding residential localities complete with amenities, high rise malls boasting global brands, upmarket hotels, and an overall great urban living experience. More significantly, Dubai offers political stability and an easy access to global and regional markets, besides boasting one of the lowest crime rates in the world, making the emirate a safe and secure zone. All this is offered at affordable prices, all governed, secured, and registered in RERA and DLD to secure your investments”.

Malaika Arora Khan added: Dubai has been the favourite home away from home for Bollywood celebrities too, and for a good reason. Not only does it make great business sense to invest in the emirate’s realty, the glamorous lifestyle of Dubai is a strong motivation as well. The charm of the city lies as much in its chic aura as it does in the cosmopolitan ambience.”