The 13th edition of International Property Show opened in Dubai, UAE, today (April 2) with leading global real estate groups showcasing their premium residential and commercial projects in the region.

The show is being organised in conjunction with the Annual Investment Meeting which gives the exhibitors an added opportunity to meet potential investors.

Leading companies from across the globe including Saudi Arabia, US, Russia, China, Greece, Turkey, Egypt, Jordan and Morocco are taking part besides the Emirati companies, said the organisers.

The participating companies are some of the most renowned players of the industry including Cyprus Trade Centre, Dubai Real Estate Institute, Keyland Corporation and many more, they stated.

International Property Show is the first-of-its-kind realty and property show which permits on-the-spot sales and transactions under one roof, as authorised by Real Estate Regulatory Agency (RERA).

Carnan Properties, a luxury real estate development brokerage firm located in the heart of Houston, is one of the six US firms participating at the show.

“High rises are the future for investment opportunities in Texas,” said Carmina Zamorano, CEO - of Carnan Properties. "It's a new concept in the real estate market in Texas which can provide top returns," he added.

Top-notch players of the UAE real estate industry such as Dubai Properties are also showcasing their residential and commercial units at the International Property Show, stated the organisers.

The company is showcasing its range of offerings in residential and commercial real estate for end-users and investors, across the full spectrum of the realty market.

Dubai Properties has an extensive portfolio of developments spanning across 14 upcoming projects across the residential and commercial sectors. All these projects are uniquely positioned to deliver the residential, commercial and retail developments that will be center to Dubai’s continued economic growth and diversification.

"Dubai continues to be a favoured real estate investment destination, maintaining its status as a stable and mature property market," said Masoud Al Awar, the chief officer (commercial) at Dubai Properties.

Supported by a buyer profile consisting of end users, expats, long-term investors and first-time buyers, the market is less sensitive to external factors and encourages expat spending.

"In 2016 the emirate attracted investors from the GCC and beyond, making it one of the most attractive global real estate destinations in the world. Last year saw foreign investment in the Dubai real estate market reaching an estimated Dh44 billion, from 22,834 investors spanning 136 nationalities, with Indian nationals leading the pack," he added.

According to him, Dubai remains the destination of choice for investments in the residential property market.

"Investors from the Middle East and GCC have continued their steady stream of investments on international soil. Affordability remains essential to the market, with mid-range properties seeing the least impact on price. Luxury developments which experienced a fall in prices in 2016 will potentially start recovering by the end of 2017,” added Al Awar.

Real estate companies from Europe are also encouraging potential buyers with valuable incentives and offers at the International Property Show, said the organisers.

A European major, Vendome International Property, is showcasing its range of projects in France, Spain and Bosnia and is presenting unique investment opportunities in a bouquet of products, they added.-TradeArabia News Service