After a successful run last year in Mumbai that raked in around ₹740 crore into Dubai realty, the three-day Dubai Property Show has once again opened its doors to Indian investors.
The real-estate expo commenced today, which is organised by Sumansa Exhibitions in association with Government of Dubai’s Land Department, expected to attract about 5,000 property buyers.
“Dubai has become the hub of real estate and a favourite property destination for Indian investors. The economy of this incredibly dynamic city is growing at a good pace. No property tax, strong economic growth, consistent innovation, development, safety, security, proximity to India and lucrative rental yields are some of the key reasons that have been constantly attracting Indians to invest in Dubai. Indians are the number one foreign buyers of real estate in Dubai and we have seen a 110 per cent increase in investment compared to what it was four years back,” said Sultan Al Suwaidi of Sumansa Exhibitions, the organisers of the exhibition.