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Property showcase at Home Owner Dubai 2007
- United Arab Emirates: Wednesday, February 14 - 2007 at 07:41
- PRESS RELEASE
The Madinat Arena is to play host to Dubai's leading real-estate development companies from the GCC and India at Home Owner Dubai 2007, taking place 16 and 17 February 2007.
The exhibition, which seeks to promote the best in property investment opportunities, has attracted the leading developers, real estate agents, finance houses and investment companies at Home Owner Dubai and Home Owner India the only property event to showcase all the major real estate projects under one roof.
Although Home Owner Dubai is aimed at the UAE market, the event has attracted unprecedented interest from abroad. "The government's unending contribution to the marketing and development of Dubai has meant that there is a high level of interest and confidence from outside investment," said Simon O'Herlihy, Business Development Director of Motivate Events, organisers of the event. "As a direct result Home Owner Dubai 2007 has had an unprecedented level of enquires from potential buyers from over 50 countries. Although we don't expect every one to attend from abroad we will be sending the directory and "Home Buyers Guide" to them in order to promote the Dubai real estate industry".
"The cooperation between government and property developers has culminated in a stable investment environment and is what sets Dubai's real estate sales market apart from any other in the area. With Home Owner Dubai 2007 providing a dedicated marketing platform for developers, real estate agents and companies providing professional services, with support from Gulf News and Property Weekly, Home Owner is truly an in-print, online and in-person event" concluded O'Herlihy.
As well as specialist advice on land and property ownership, finance and mortgages and legal issues, visitors to the event will also see 3D models of a range of projects, whilst state-of-the-art videos will demonstrate the diversity of properties available to buyers and investors from other leading institutions and projects from around the region.
The two-day event will also feature Home Owner India a dedicated pavilion for the Indian and sub-continent real estate industry. "The Indian real estate sector is predicted to $90 billion by 2015 and is see as one of the most exciting real estate markets in Asia," said O'Herlihy. "It's one of the last major countries in Asia with an improving market."
"Property prices in India are rising fast, and not just in the biggest cities. As the tech boom spreads across the country, as more Indians buy homes, and as the economy grows at faster than 8% a year, real estate is attracting more investors, many of them from the UAE and GCC" observed O'Herlihy. "The Home Owner India Pavilion will provide an opportunity for many non-resident Indians in the GCC to discover the opportunities in the Indian real estate sector as well as investors looking for "the-next-big-thing" in real estate.
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