Thursday, October 04, 2007

'The era of expat private landlords is here, in Dubai': R&R Show

Resale and Rental Show
'The era of the Private Landlord, with most of them being expats, is finally here,' goes the revelation by the Resale and Rental Property Show (R&R Show), which is the biggest local Property show in Dubai.

According to the statistics revealed by the show, among the 2500 visitors who participated in the show, 41% already owns property in Dubai, while 35% were on the look out for a property and 64% were to decide on buying or renting out and those owning and living in their own property touched 36%. As far as Dubai's realty sector is concerned, this turns out to be a positive indication.

According to the Marketing Director, DSL Exhibitions, Tessa Morris, although the percentage of private landlords who still seek to rent out or sell their properties remained at 11%, the figures this year, represents steady increase in comparison to the previous shows.

The R&R Show, which caters to the growing local market, revealing the dynamic nature of Dubai property market through useful surveys for real estate professionals has turned out to be an important event in the exhibition calendar in Dubai.

The R&R Show has been slated for the 8th and 9th February 2008 at Hotel Kempinski, in Ajman, displaying the real estate opportunities in Ajman, Ras Al Khaimah, Sharjah, Fujairah and Um Al Quwain.

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