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Thu 30 Aug 2018 01:39 PM

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Dubai Property Show to return to Shanghai to chase Chinese investors

Dubai Property Show is set to return to Shanghai later this month following the success of the show in China last year

Dubai Property Show to return to Shanghai to chase Chinese investors

Dubai Property Show is to return to Shanghai later this month following the success of the show in China last year.

The show, which also attracted a "phenomenal response" in Mumbai and London, will be held at the Shanghai Everbright Convention & Exhibition Centre from August 31 to September 2.

Dubai Land Department (DLD) and Sumansa Exhibitions will collaborate on the event which will be attended by major real estate developers to promote Dubai as a property investment destination to Chinese investors.

According to DLD, Chinese investors pumped in up to AED14.3 billion ($3.9 nillion) into the Dubai property market and are among the top 10 investors. These property transactions are also projected to increase thanks to Chinese nationals being granted their visas on arrival to Dubai.

Majida Ali Rashed, assistant director general, head of the Real Estate Investment Management and Promotion Centre said: “We are delighted to collaborate with Sumansa Exhibitions again after the success of last year’s Dubai Property Show in Shanghai.

"Dubai is the one of the most attractive cities for foreign investors and DLD is always looking for ways to further strengthen the emirate’s position in achieving the sustainable growth of its real estate sector. China is one of the most prominent foreign investors in Dubai and we are proud to be oraginsing this prestigious show again this year, and look forward to doing so for many more years to come.”

Dubai Property show will bring together developers from Dubai and the UAE through hundreds of projects that will be on display, including thousands of properties to choose from, ranging from apartments to row houses, and from villas to commercial properties.