Own in Emirates Exhibition April 30, 2007

Over the past several years, The United Arab Emirates has managed to break all records and achieve great deals through its current real estate boom, deals which are anticipated to pave the way for a promising future for this region’s new and vital sector.

No doubt, this country’s realty boom has led to strong competition in the market. Latest figures show that investment in real estate projects, especially Dubai, reached $ 100 billion.

A great number of advanced projects, smart buildings and land are available in the UAE; a country which is considered the premier destination for all investors from the GCC region, appealing especially to Kuwaiti nationals.

The twelve months of 2006 is not enough to indicate the response range of Kuwaiti investors and buyers in the realty sector; however statistics indicate a growing rate of Kuwaiti investors that reached 28% in Dubai, 16% in Sharjah and 18% in Ajman.

The UAE real estate sector grew rapidly during 2006 and during this time, Dubai achieved many trading deals due to the emirate’s policy in attracting huge developers from across the region. Additionally Abu Dhabi has seen an increasing rate of realty deals after the implementation of policies to attract capital and facilitate ownership procedures in the Emirate. Sharjah has also seen great growth in the high numbers of residential units for all GCC investors.

Herein lays the question: What is the investment advantage of the realty market in the UAE? What attracts Kuwaiti investors to buy land and property in the UAE is not only the expected economic return but also the general attraction Dubai for international realty companies, esppecially European firms in addition to an increasing response from tourists all of which conttribute to creating more commercial and economic movement.

Dubai

Dubai is attractive for many investors because it is a regional centre for most international companies in the Middle East. This positively reflects on the real estate sector in UAE.

Kuwaiti investors occupy a high rank and make up a large percentage of investors in this sector. The availability of investment opportunities has led to a successful amount of realty deals which have been made possible via innovative finance facilities, laws and trading regulations.

Kuwaiti investors typically move towards searching for new opportunities in active and vital markets as a result of the lack of opportunities on their own soil. The decreasing financial market has spurred the emigration of many investors in the financial and stock sectors to other GCC countries especially Dubai and its neighboring Emirates. Its properties are considered as a great opportunity for investors under these changing conditions in the market and a guarantee for success compared to other sectors.



Why Kuwait?



There is no doubt that the statistics shows that there is a growth in the number of Kuwaitis investors comprising of both individuals and companies in the UAE’s real estate sector, demonstrating the nature of the Kuwaiti people and their interest to invest in the UAE. Emirates companies have achieved in marketing its projects to the Kuwaiti people, thus encouraging us to organize this special exhibition “Own in Emirates” which will deal exclusively in property, finance and investment companies. The exhibition will showcase its projects and investment programs to Kuwaiti investors, locals and residents. This is an opportunity for companies to get to know new investors in addition to market its projects.

We invite you to participate with us in this unique exhibition, which is the first of its kind and which will be held in Kuwait. We welcome your participation.

Official Website: http://www.topexpogroup.com/asp/Agenda_Details.asp?Agenda_ID=24