The International Property Show opens doors to African real estate investors in Dubai

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  • The International Property Show (IPS) is the Middle East’s Biggest Property Sales Platform for local and international real estate market
  • The IPS provides buyers with a one-stop-shop where they can find a complete package of bargain deals
  • From the 24 – 26 March 2022, the real estate industry’s largest live-in-person exhibition will attract more than 20K visitors from over 40 participating countries

The United Arab Emirates (UAE) is increasingly looking to Africa as the continent continues on a trajectory as one of the most promising markets in the world.

With Africa recovering from the negative effects of the pandemic and expectations that it will full get back in 2022, the UAE continues to see the continent’s rising markets as a huge growth opportunity. Although it exports goods to various African countries, the UAE is also a major importer of goods and commodities from 10 African nations.

The outlook for 2022 shows that the Gross domestic product (GDP) is expected to rise across the continent, as is GDP per person.

Read: Dubai: AIM 2022 focuses on future smart cities, ultra-smart technology services

After a continent-wide slump, Africa’s economy is expected to grow faster than the rest of the world in 2022, thanks to lower inflation.

A previous IPS event in Dubai. From 24 – 26 March 2022, the real estate industry’s largest live-in-person exhibition will attract more than 20K visitors from over 40 participating countries. [Photo/IPS]
African countries have been actively involved at the World Expo in Dubai, a clear sign of the growing importance of the relationship between the two regions. Africa-UAE trade connections, economic and political issues have been discussed in depth.

With this in mind, the continent can also benefit immensely from the International Property Show (IPS), which is the Middle East’s Biggest Property Sales Platform for the local and international real estate markets.

The IPS provides buyers with a one-stop-shop where they can find a complete package of bargain deals. The prestigious exhibition is a platform that offers exclusive deals to investors and caters for all the real estate needs and demands effectively.

Being a globally acclaimed property exhibition, IPS is the only top-class opportune event that remains committed to generating vast business opportunities for the real estate market and strengthening the emirate’s leading position as an investor-friendly city.

From 24 – 26 March 2022, the real estate industry’s largest live-in-person exhibition will attract more than 20K visitors from over 40 participating countries. It will also gather leading real estate developers, top-tier investors, industry experts and professionals, under one roof where deals and transactions can be sealed instantly.

The International Property Show will be held at the Dubai World Trade Centre under the umbrella of Expo 2020 Dubai. To be a part of this unique offering of the real estate market, you can register here or book a stand. If unable to attend in person, you can also virtually participate and benefit from the rich offering of the IPS.

Coming under the theme ‘Connecting Minds, Creating the Future’, Expo 2020 Dubai which the IPS is part of, looks forward to building great partnerships, collaborations and sharing ideas that can shape the global future. The International Property Show 2022 anticipates a huge number of visitors, exhibitors and VIP officials from around the world.

For Africans, the UAE is shifting its approach to profit on warm relations by tipping wealthy Africans and other international investors into its diverse economy.

Read: Dubai: AIM Global 2022 Investment awards to encourage and facilitate investments globally

The Emirati government, traditionally the largest Middle Eastern investor in Africa, hopes to solidify its position as an appealing destination for Africans looking to diversify their investments.

This new shift is aimed at benefitting both sides over the long term.

The IPS provides buyers with a one-stop-shop where they can find a complete package of bargain deals. [Photo/IPS]
Later on, after the IPS 3-day event, the Annual Investment Meeting (AIM) will take centre stage. The UAE government is using this platform to promote its investment opportunities and build relationships with investors.

Investment and political leaders will meet in Dubai on March 29 and 30 to discuss how to attract international investment.

Under the theme: “Assets in Sustainable Innovation for a Thriving Future,” AIM will address investments that can survive shocks like the Covid-19 pandemic or environmental disturbances.

The United Arab Emirates is promoting its desirability by allowing foreigners to control 100 per cent of enterprises, reducing visa formalities and offering tax relief for up to ten years. This move will help attract investors, especially from African countries.

Rapid digitization has impacted real estate transforming property acquisition, sale, and maintenance. Realtors are now engaging potential buyers on social media platforms in greater numbers than ever before, with nearly 80 per cent of all property viewings taking place online.

A US$217 trillion real estate industry has been impacted greatly by these technological advancements, and the industry is expected to continue to grow as new developments and technological innovations take place.

With the new normal, virtual technology is a key factor in attracting business and promoting growth. According to Data Finder, real estate transactions in Dubai increased by 11.3 per cent in August 2020 over August 2019. In 2021, August outperformed July by 2.2 per cent.

At the IPS, these are some of the topics that will be discussed in depth including virtual and augmented reality (VR/AR) (AR), home automation, blockchain, customer relationship management (CRM) and the latest technology, among others.

Read: Dubai: African SMEs to reap big from AIM 2022

I have 10 years of experience in multimedia journalism and I use the skills I have gained over this time to meet and ensure goal-surpassing editorial performance. Africa is my business and development on the continent is my heartbeat. Do you have a development story that has to be told? Reach me at njenga.h@theexchange.africa and we can showcase Africa together.

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