Brits invested $2.5 billion in Dubai property market in 2014, according to government figures
The first Dubai Property Show in London, held from February 27 to March 1, attracted more than 6,000 visitors, according to the organiser.
Developers including Emaar, Damac and Jumeirah Golf Estates were exhibiting at the show, where participating firms saw a high number of enquiries, organisers said.
“The first ever Dubai Property Show was a huge success. We are extremely proud and overwhelmed with this extraordinary response that we have received over the three days of exhibitions,” said Sunil Jaiswal, president of Sumansa Exhibitions.
“The strategic participation in the property show was a mere episode in a series of activities and events to be organized by the department,” said Sultan Butti Bin Mejren, Director General of the Dubai Land Department. “We will never relent in providing all means of support and encouragement for such valuable initiatives which plays an important role in highlighting Dubai’s position as a global real estate leader in attracting investments.”
According to figures from the Dubai Land Department, Britons were the second-biggest foreign investors in Dubai property after Indians, having completed 3,747 transactions worth AED 9.3 billion ($2.5 billion) in 2014.