Azernews.Az

By Sara Rajabova

Interest on Middle East property projects have remained strong, despite challenging issues in several markets, according to Strategic Marketing and Exhibitions Organizers of the 9th edition of the International Property Show (IPS) 2013, supported by the Dubai Land Department and Real Estate Regulatory Authority.

"The UAE, Saudi Arabia and Qatar markets are moving ahead with key planned projects, while sales and rentals for existing property have both gone up in value and prices in 2012," said Ghaleb Al Khawaga, project Manager of the International Property Show.

Already, exhibitors and investors from Turkey, Malaysia, Cyprus, USA, Poland, Russia, Egypt, Morocco, Saudi Arabia, Kuwait, Pakistan, India and China have confirmed their attendance at IPS 2013, which will be held on April 30 - May 2, 2013 at the Dubai International Convention and Exhibition Centre.

The event is being held in conjunction with the Annual Investment Meeting 2013, providing attendees bigger networking opportunities with investors from all over the world.

At the IPS, visitors will be apprised of the current real estate market in the Middle East as well as in key frontier and emerging markets, with country presentations providing the hotspots for investments and experts presenting insightful data on risk assessments.

On the whole, the Middle East remains a property hotspot for global investors, with the UAE, Saudi and Qatar providing choice real estate investment opportunities.

According to research firm Ventures Middle East, the current value of infrastructure projects in the GCC is estimated at $408.8 billion, driven by strong growth the UAE still holds the lion's share of infrastructure projects, accounting for $187.2 billion.

Having its first edition back in 2005, IPS has made a drastic improvement with visitors, investors, exhibitors etc. As of 2011, IPS has merged with AIM to build a better investment networking society and a bigger clientele.

IPS is held annually in Dubai for the real estate and property industry. It is accredited and approved by RERA to showcase and market projects and ideas to visitors and possible investors or buyers.

The 9th edition of IPS will emphasize new features that are necessary for developers to consider given the challenging market situation such as Greater Deal of a Social Networking Experience, Quality Architecture and Design, Environmental Technologies for Green Building, and Tourism and Leisure Developments.