The last show attracted 65 exhibitors representing 26 countries including developers from Europe, Asia, Australasia, North America and Canada and across the Middle East. Over 3,500 investors were registered during the two and half day exhibition, and 70% of the exhibitors reported actually taking numerous deposits even before the event finished.
Mike Bridge, one of the organizers said,
'A large number of the show's visitors are expatriates (65%), keen to utilize their funds to the maximum. Many are either owners of real estate in their home countries or abroad, or are seriously considering their options to buy in the future. However getting professional advice on mortgage, tax issues and currencies is becoming more important before deciding what and when to buy.'
Perhaps now how to buy is as important with some issues as inheritance taxes, currency mortgages and wills to consider, instead of actually signing contracts straight away. Wealth management are now the buzz words for most affluent expats, who need to do their homework before investing large sums in real estate here in the UAE or abroad.'
In answer to requests from attendees and exhibitors, the organisers Dubai Shows Limited, have decided to include a Financial Forum in their 2007 event, enabling financial institutions and advisors to participate alongside the real estate exhibitors.
They have therefore increased the size of the show by taking all the space available at the Grand Hyatt's luxury Convention Centre. In addition of exhibiting at this established property exhibition, banks, lenders, brokers, lawyers and insurance companies can also take part in a limited number of free seminars and workshops to be held over the two and half days.
Seminar slots are being offered to exhibitors on a first cum basis and will be promoted in the main shows marking campaign in the local newspapers and on radio.
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Anne-Birte Stensgaard, Senior News Editor


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