Huge buzz at International Property Show reflects Dubai’s real estate boom, says Propertyfinder.ae
Dubai’s real estate landscape is changing. Whilst prices and rents are surging, market fundamentals and regulation are also stronger than at any other period in the UAE’s property industry. Participating in the 2014 International Property Show, Propertyfinder.ae, the country’s leading real estate portal, spoke about how the huge buzz at its stand in Hall 8 was a reflection of the return in confidence in UAE’s realty sector.
“Inviting participation from some of the biggest developers and real estate enterprises, the event was a great opportunity for us to interact with investors from around the world and share our expertise on issues vital to the industry. Whilst the upswing in property prices and capital growth has been significant, the increases seem sustainable as not only is the focus shifting from primary to emerging markets, the industry is also smarter this time around. Our latest quarterly report provides statistical evidence to illustrate the opportunity and growth that Dubai and Abu Dhabi’s real estate markets offer, both now and comparable to that of previous months and years,” said Michael Lahyani, CEO and Founder of Propertyfinder.ae.
On the evening prior to the exhibition, Propertyfinder.ae hosted a networking evening at Rivington Grill, Souk Madinat Jumeirah, welcoming over 200 real estate professionals within a relaxed setting of cocktails and an array of sumptuous canapés.
“Hosting an after-work event such as this was a great way to kick-start our participation at the International Property Show. It’s rare to get industry experts together under one roof, so the evening was also a perfect opportunity for brokerage firms to catch up with thought leaders, expand their professional connections and share ideas,” added Lahyani.
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