Dubai Land Department’s Real Estate Investment Management And Promotion Center Launches ’Dubai Property Festival’

Dubai Land Department (DLD) has announced the launch of the ‘Dubai Property Festival’, the largest property promotion event in the region, which will take place from 9th to 11th April 2018 in a partnership between the Real Estate Investment Management and Promotion Center, the investment arm of DLD, and the International Property Show.

Details of the festival were announced during a press conference held yesterday at the Armani Hotel and attended by His Excellency Sultan Butti bin Mejren, Director General of DLD; Her Excellency Majida Ali Rashid, Assistant Director General and Head of the Real Estate Investment Management and Promotion Center; Ahmed Al Matrooshi, Managing Director Emaar Properties PJSC; His Excellency Abdullah Al Mannaei, Chairman of Emirates Auction; Dawood Al Shezawi, Head of the Dubai Property Festival Organising Committee; Sandeep Saijwal, Deputy CEO of Sales and Marketing at Azizi Developments; Talal Moafaq Al Gaddah, CEO of MAG Lifestyle Development; Tarek Abdullah Ahmed, Head of Islamic Home Finance at Abu Dhabi Islamic Bank (ADIB), and representatives from a number of real estate companies sponsoring the most prominent real estate exhibitions in the region.

The event, which will run for three days at the Dubai World Trade Centre, will include a series of global activities aimed at attracting investment into the UAE’s real estate market. The festival provides visitors with unprecedented offers, including the lowest financing rate with a profit margin of 1.85% per annum on mortgages for deals concluded during the festival, in addition to discounts of up to 20% on certain projects. This means that the event will provide an ideal chance for investors and buyers to find the properties and investment opportunities of their dreams with the best financial offers.

His Excellency Sultan Butti bin Mejren, Director General of DLD, commented: “We would like to express our gratitude to all of the companies and sponsors supporting this event. Thanks to the effective coordination and cooperation between all parties, we expect the Dubai Property Festival to attract a high number of attendees, underscoring the vitality of Dubai’s real estate sector, its global attractiveness and its sustainable growth, which will attract more capital. This is the main objective of the festival.”