Dubai property steals the show in Shanghai

Dubai property steals the show in Shanghai

On March 24th the Dubai Property Show took place in Shanghai, presenting prospective Chinese investors with some of Dubai’s most luxurious real estate offerings.

Summary

  • Dubai real estate is one of the most popular assets for the international investor community
  • Chinese investment in the emirate’s property market has grown considerably since 2012
  • The Dubai Property Show in Shanghai offered Chinese investors a look at Dubai real estate, in addition to financial and legal advice

 

Taking the emirate’s top properties to Chinese buyers, the Dubai Property Show opened to the public on March 24th at the Shanghai World Exhibition and Convention Centre.

Inaugurated by Majida Ali Rashid, Assistant Director-General of the Dubai Land Department (DLD), the three-day event showcased a variety of luxurious, high-end yet affordable properties from both the residential and commercial sectors.  Visitors also benefitted from legal advice relating to Dubai real estate rules and regulations, in addition to financial advice from various participating banks.

Offering lucrative returns on real-estate, 100% ownership, low crime rates, zero property tax and no restrictions in repatriation of funds, recent years have seen the Dubai property market become incredibly popular with investors from around the world once again, particularly those from China.

Mr Rashid commented: “The Dubai Land Department provides excellent real estate investment opportunities for Chinese investors through the Dubai Property Show in Shanghai. The strategic location of Dubai on the world map has helped to make it the preferred choice for Chinese investors and a leading global real estate destination. The high quality of projects and the skilled art of design and construction in Dubai are also a strong starting point for attracting Chinese investors to the emirate.”

A leader in its regional environment, Dubai is showing promising growth in activities and new industries, and is capable of attracting business from all industry sectors. Chinese investors recognise this and have, as a result, become an integral part of Dubai’s real estate sector, investing AED10 billion in the emirate’s property market over the last four years.

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