Dubai – Decypha: Kuwait’s real estate investment in Dubai has climbed to reach AED 2 billion ($544.6 million), with the number of Kuwaiti investors in the sector reaching 770, according to data by the Dubai Land Department.
The UAE real estate market is expected to see further growth this year, especially with the planned infrastructure expansions for EXPO 2020, according to a report by Cluttons Property Consultants.
“The ongoing efforts of the real estate market in Dubai as an international hub are a critical factor in making Dubai a premier destination for investors. International Property Show, which will start its 13th edition in April, is part of these efforts. It is the only of its kind that allows direct real estate deals, thanks to the authorization given by Real Estate Regulatory Agency (RERA), which means all the exhibiting companies have the right to receive down payments or full payments for the properties they sell. The show is the best real estate platform in Dubai in terms of attracting investors to get the best return on their investments,” said Dawood Al Shezawi, CEO, Strategic Marketing & Exhibitions, organizers of the International Property Show.
By Decypha News Editorial Team
