The 12th International Property Show opened on Monday at the Dubai International Convention and Exhibition Centre.
The show, which coincides with the Annual Investment Meeting 2016, attracted hordes of visitors on the first day.
"This has further positioned the show as a one-stop-shop opportunity for investors, end users, consumers and real estate professionals from the Middle East and the rest of the world," organisers said.
According to organisers, the show is the only one of its kind that provides direct real estate transactions on its floor where all exhibitors are officially entitled to collect down payments for transactions made and present title deeds to purchasers.
"We attracted participants from new countries following an in-depth study of their markets, to ensure display of effective opportunities to investors in the UAE and the wider GCC. We anticipate trade visitors from over 100 countries by the time we wrap up the show," said Dawood Al Shezawi, CEO, Strategic Marketing & Exhibitions, organisers of the International Property Show.
Being held alongside the AIM, an emerging markets-focused FDI event held for the past six years in Dubai and organised by the UAE Ministry of Economy under the patronage of His Highness Shaikh Mohammed bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai, has further boosted the importance of this show and its leading role in the regional property sector.
"Due to the current uncertainty in the real estate sector and the emergence of first-time buyers and those looking for affordable housing options, the International Property Show serves as the best platform to showcase these trends and practise them onsite," said Al Shezawi.
Participants at the show are real estate developers and other stakeholders, such as brokerages, urban development authorities, free zones and financial companies, among others.
The show witnessed brisk retail transactions while real estate companies unveiled a series of projects for investors and end users.
Supported by the Dubai Land Department, this show is a leading regional real estate meeting platform for developers, investors and regional and international companies working in this field.