H.H. Shiekh Zayed Bin Sultan Bin Khalifa Al Nuhaiyan visited RAKAA's stand at IREIS 2008

IREIS, Abu Dhabi's premier annual property show, opened at the Abu Dhabi National Exhibition Centre and attracted more than 80 participants, as well as wide media coverage.

A number of dignitaries visited the show to view the latest trends and developments in property markets. VIP visitors included H. H. Sheikh Zayed Bin Sultan Bin Khalifa Al Nahyan, who toured the exhibition to have a look at the property activities. He praised the efforts exerted by real estate companies to develop the property market in the country, and thanked the exhibition organizers.

RAKAA's stand was honoured by a visit from H.H. Sheikh Zayed Bin Sultan Bin Khalifa Al Nahyan, who reviewed the master plans of RAKAA's signature smart towers: the Falcon Crest Tower and the Dynasty Tower on Al Reem Island. H.H. has shown a great interest in both projects and praised their uniqueness and quality.

Dr Abdulraman Al-Tassan, CEO of RAKAA Properties, and his team were delighted at the Sheikh's visit, and Dr Al-Tassan expressed his felt heart thanks and gratitude for their highnesses, the Sheikhs of the UAE for their generous support of the real estate industry. "Providing a solid basis, an investor-friendly climate and the necessary legal structure will boost investment in the real estate sector. This, in turn, will contribute to the global competitiveness of the UAE's property market, and will result in the acceleration of sustainable growth for the industry," he said.

This is apparent through Abu Dhabi's success in occupying a leading l position in the global real estate market and its ability to attract quality developers to construct mega projects. We were keen to introduce the uniqueness of our projects in this exhibition. We are displaying quality projects that translate our commitment to further boost our leading position among first class regional developers. We have an in-depth understanding of the requirements of the UAE's real estate market, which has been widely recognized as one of the top world markets. From this solid foundation of knowledge of the local market, we introduce our out-of-the-box approach in this vibrant market," he added.

The exhibition space at IREIS 2008 occupies 10,000 square meters, a 45 percent increase from last year's show. The number of exhibitors has also increased, growing from 54 participants last year to over 80 participants this year.