Dubai Hosts The 20th Edition Of The International Property Show, Unveiling Global Real Estate Insights

Engineer Marwan bin Ghalita, the Acting Director-General of Dubai Land Department, recently inaugurated the 20th edition of the International Property Show (IPS), marking a significant event in Dubai's real estate calendar. The show, which runs for three days until 29th February, has attracted 125 local and international exhibitors. It stands as a crucial platform for exchanging experiences, presenting the latest projects, and uncovering investment opportunities within the real estate sector.

During the opening ceremony, bin Ghalita underscored the importance of the IPS in reinforcing Dubai's position on the global real estate map and its attractiveness to international investors. He highlighted Dubai Land Department's commitment to providing unparalleled opportunities for stakeholders in the real estate market, in line with its strategic vision to lead in real estate innovation and supported by advanced digital infrastructure.

Dawood Al Shezawi, President of IPS 2024, echoed bin Ghalita's sentiments, emphasizing the show's role in showcasing local and international real estate projects in the Middle East. He pointed out that over two decades, IPS has facilitated connections among exhibitors, specialists, and professionals, fostering growth in the UAE's real estate industry. This effort aligns with Dubai’s Urban Plan 2040, which aims to make Dubai the best city for living while addressing global challenges such as climate change and urban expansion.

The event featured active participation from prominent local and international developers, including significant representation from GCC countries. Notable participants included The Sustainable City; Yiti from Oman, serving as the exhibition’s strategic partner; Emirates Real Estate Solutions (ERES), Al Rasikhoon Real Estate, the Real Estate Regulatory Authority, and the Ministry of Municipal and Rural Affairs from Saudi Arabia.

Accompanied by several attendees, bin Ghalita toured the exhibition grounds to explore various institutions', organisations', and companies' booths. They reviewed services, projects, and notable investment opportunities presented at the show. This exploration contributes to the ongoing growth and development of the real estate sector and its pivotal role in advancing global economic development.

With inputs from WAM