International Property Show to exceed expectations in its fourth edition in February 2008

The event, which will take place from February 17-19, 2008 at the Dubai International Exhibition Centre (DIEC), is set to further consolidate the stature of the real estate show with major regional and international players having reserved 20 per cent of the exhibition space till date and more exhibitors are expected to confirm their presence in the coming months.

The organizers have also announced that the 2008 edition will cover halls 1, 2, 3, and 4 with a total area of 17,300 sq. m. and footfall is expected to top 27,000. The impressive growth of the 2008 edition follows the resounding success of the 2007 show, which prompted the majority of the participants to confirm a larger presence at next year's exhibition.

Dawood Al Shezawi, Managing Director, Strategic Marketing & Exhibitions said,

"The tremendous success of the last edition has spurred keen interest from major players in the real estate and property markets across the globe, and to date, we have witnessed a record 20 per cent space reservation. Considering that we still have eight more months to go before the show, we expect more participants to confirm their presence in the near future, and we are confident the 2008 exhibition will exceed the previous editions in terms of the number of exhibitors, visitors, and the value of sales."

Headlined by major international and regional property developers, the International Property Show 2007 ended a three-day run with multi-billion dirham deals including USD 170 million worth of sales for the international exhibitors. The show featured flagship property projects from regional and international property and real estate developers from over 70 countries and registered almost 19,000 visitors.

"Last year's edition concluded on a very positive note with international and regional property developers featuring prominently and closing multi-billion deals. A majority of the exhibitors confirmed their presence in 2008 even before the 2007 edition ended. As the exhibition continues to attract worldwide interest among major developers and high-value investors, we are poised to keep innovating in order to be always relevant to the increasing number of participants and visitors," added Al Shezawi.

International Property Show 2008 will feature prime real estate projects from across the globe ranging from commercial properties to high and low-density residential developments, distinctive leisure and shopping centers as well as upscale resorts and hotels. The biggest transactional property exhibition in the region is also recognized as a powerful networking platform, which attracts leading players from the local, regional, and international property markets along with related industries and high net-worth investors.