This year's edition of International Property Show will see a strong Indian participation when it opens in Dubai, UAE, next month, said the event organiser Strategic Marketing & Exhibitions.

A total of 15 Indian companies, double the figure compared to last year, will be showcasing their projects at the International Property Show to be held from April 11 to 13, they stated.

A display area of 135 sq m will be allocated to Indian companies which will be putting on display commercial, residential and mixed-use property units.

These companies will be targeting the large Indian expatriate community in the UAE and the wider region, estimated to be around five million.

A key property sales platform that provides direct sales transactions on its floor, International Property Show will also give Indian developers a closer glimpse into real estate investment opportunities in the UAE, the region and the world, said the organiser.

According to the organiser, Indians top foreign investments in Dubai's property market.

Between 2006 and 2015, Indian investments ballooned to over Dh120 billion ($32.6 billion) through more than 57,000 transactions. Thus, Indian investors surpassed the largest investor groups - British and Pakistani investors - both in value and number of transactions, they said, citing data from Dubai Land Department (DLD).

Dawood Al Shezawi, the president of Strategic Marketing & Exhibitions, attributed this growth to several factors, including higher investment yield in Dubai, and market stability favoured by Indian investors.
“The close relations between the UAE and Indian governments have created an ideal investment climate that boosts flow of funds in both directions, especially in real estate,” he noted.

This year, International Property Show will feature a galaxy of international exhibitors showcasing projects from Europe, Asia, US and Arab countries.

A report by Select Property Group reveals that India accounts for the highest proportion of international real estate sales in Dubai. The report attributes it to high regular income, higher yields compared with India, in addition to significant growth projected for the emirate.

According to Al Shezawi, the Indian investors have a strong inclination to buy property in the UAE.

"They are regular visitors to the property expo, as they look at it as an opportunity to do direct onsite deals. Also Indian trade visitors use the platform to track property trends among global developers," he added.-TradeArabia News Service