Over 100 landmark projects to be showcased at ARABIAN PROPERTIES 2006 in Abu Dhabi in April

The projects showcased at the event represent real estate investments worth over AED 50 billion and include commercial, residential and tourism projects in Abu Dhabi, Dubai, Sharjah and Ras Al Khaimah as well as projects in the Morocco, France, Spain, Cyprus, the Caribbean, Australia, the UK and the US.

Besides participation from major local and international property developers, ARABIAN PROPERTIES 2006 which will be held at the Abu Dhabi International Exhibition Centre, will feature financial institutions and real estate service providers as well.

A spokesperson for ADNEC (Abu Dhabi National Exhibitions Company), the organiser of the event, said:

'The projects showcased at ARABIAN PROPERTIES feature a wide variety of investment options for the discerning global property investor. Dragon Property Group - UK, Conseil Patrimoine - France, Overseas Properties - France and Apex Investment Group - US, among other international participants will join leading local names including Sorouh Real Estate, Aldar Properties, RAK Properties, Municipalities & Agriculture Department, Manazil Real Estate, Bonyan International, Falcon City, Union Properties, TAMEER, Good Life, Al Fajr Properties, Eqarat.com, KM Properties, Royal House, Taktical and many more to present a plethora of local and international investment opportunities at ARABIAN PROPERTIES 2006'.

The Dragon Property Group said it would showcase a strategic land banking opportunity in the UK that had previously been granted commercial planning permission. 'This makes the projected gains substantial with the risk minimised by our careful and through investigation into the project. We will also highlight an investment opportunity in apartments in Croatia which provide for a guaranteed 2-year rental income giving investors peace of mind in an emerging market with an initial guaranteed return on their investment', said Katy Letman, Sales & Marketing Manager of Dragon.

'By our participation at ARABIAN PROPERTIES we hope to continue to establish ourselves as a long term presence in a valuable market'.

Conseil Patrimoine - France will highlight investment opportunities in Morocco and the Caribbean to capitalise on the growing trend of investments from the UAE being channelled into prime real-estate opportunities worldwide.

Commenting on the investor base in UAE, the ADNEC spokesperson said, 'Not only are high net-worth individuals from the UAE investing in luxury residences, large UAE investors are also seeking a global footprint as seen by recent investments made by Dubai-based Isthithmar in Trafalgar Square in London and Park Avenue in New York'.

Widely anticipated changes to the property laws in the UAE, have also unleashed a spurt in property investments among locals and expatriate residents alike. 'Property investments represent one of the most stable, profitable and flexible investment options available today and we expect wide investor participation at the event'.

Manazil Real Estate will be exhibiting their AED 250 million Manazil Tower 1 and Manazil Tower 2 projects. 'These projects target middle-class investors and are being sold at a very competitive price of AED 267 per square foot - considered one of the lowest in U.A.E', said Abdul Mohsen Al Hammad, Executive Director, Manazil Real Estate.

'We are participating in this important exhibition in Abu Dhabi to introduce our group of companies which are actively involved in the UAE real estate business. We have opened a new office in Abu Dhabi and are currently studying several real estate business opportunities in Abu Dhabi market'.

ARABIAN PROPERTIES 2006 will be organised in parallel with CONSTRUCT Abu Dhabi 2006 thereby making the two events a powerful sales, networking and knowledge-gathering platform for construction industry professionals, property developers and investors.

With the projected rapid growth of the property development and construction sectors, Arabian Properties 2006 and 'CONSTRUCT Abu Dhabi 2006' will together occupy an area of over 15,000 square metres. Sorouh Real Estate, Aldar Properties, Emirates Iron & Steel Factory and the National Bank of Abu Dhabi are the main sponsors.