November 15, 2020 real estate

International Property Show draws 12929 visitors on first day


An overwhelming number of 12, 929 visitors from different parts of the world participated at The International Property Show (IPS), an interactive 10-day virtual event being held in partnership with Invest in Dubai Real Estate (IID), an initiative of the Dubai Land Department (DLD) on the opening day.

IPS continued to gain momentum since its launch on November 11 as it showcased the latest and the most modern technology to offer huge real estate opportunities for thousands of local and international visitors through the numerous offerings organised by the Dubai Land Department, in collaboration with the organising committee of Strategic Events and Exhibitions.

The largest virtual event in the real estate industry welcomed the presence of an impressive line-up of high-level government officials at DLD including Director General Sultan Butti bin Mejren and CEO of Promotion and Real Estate Investment Management Sector Majida Ali Rashid; Deputy Director Juma Bin Humaidan; Real Estate Regulatory Agency CEO Marwan bin Ghalita and Registration and Real Estate Services Sector CEO Majid Al Marri in addition to Latifa Ibrahim Ahmed, Senior Director of Real Estate Studies & Research Department at DLD; and Hend Al Marri, the CEO of Dubai Real Estate Institute.

On the event, Bin Mejren said: 'The successful opening of the virtual edition of The International Property Show and Invest in Dubai Real Estate is just the beginning. The event certainly helps us in realising our vision to transform Dubai into the number one real estate destination in the world in terms of innovation, trust, and happiness.'

'Using the latest digital technology, it is a powerful catalyst in propelling the real estate industry in Dubai and highlight its strengths to different countries around the world. Through the wide variety of never-before-seen digital activities to maximise all possibilities for growth, we are certain that the whole duration of the event will be successful, he added.

Via its virtual venue Events 10X, the global audience got the unique opportunity to experience an unparalleled real estate virtual event as they explored market-leading offers from local and international developers and real estate brokers from the Virtual Exhibition, as well as enjoyed special rates and exclusive deals offered by banks and other financial institutions, legal service providers, real estate agents, and property auction houses.

The local and international participants were also able to know the latest and most-renowned projects of developers through virtual walkthroughs, conduct meetings and business transactions in a secure virtual environment, and connect with thousands of participants from all over the world.

Ali Rashid said the solid collaboration of Invest in Dubai Real Estate & International Property Show was a significant contributor to the implementation of the Dubai Land Department's initiatives to further grow the real estate sector in Dubai and deepen its global reputation as a leading investment destination.

'As an event that showcases Dubai to the whole world, I believe our mission to fortify the emirate's leading status as an investor-friendly city is fully attained, through the events’ several digital activities aimed towards providing opportunities for all the members of the real estate community,' she stated.

The event is more than just an exhibition as it offers magnificent virtual access to a wide range of digital activities that have never been offered in our previous editions, nor in other real estate events in the Middle East, she added.

Dawood Al Shezawi, the head of the organising committee of IID, said: 'This unique edition offers a fresh perspective to everyone through our newest activities that showcased our creativity and innovation during challenging times.'

'For instance, we have Meet the Influencers where we give the real estate community the chance to meet the leading social media influencers in real estate, and know their insights about a wide variety of industry topics. We also have a dedicated activity to meet the media, developers, agents, and businesses which is a meet and greet event to allow our participants to interact with them,' he added.

A key highlight of the 10-day event is the Invest in Dubai Programme where specific dates are set to welcome different nationalities coming from Saudi Arabia, Pakistan, China, India, Latin America, and Africa, to participate in interactive activities where everything will be communicated in their own native languages.

The Virtual Edition was packed with a new set of activities and kicked off its second day with the ASK DLD activity, with Kaltham Mohamed Emad Almudharreb, Senior Executive Communication, which provided the participants, especially several investors seeking to invest in properties within Dubai, with detailed information on the rules and regulations of owning and managing properties in the Emirate and other valuable topics related to Dubai real estate.

The event brought together global policymakers and experts within the real estate industry from all around the world, and provided insights at this highly informative Global Real Estate Leaders Debate which talked about what is expected in the coming years and which segments of the real estate markets need to be critically analysed by investors.

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