The International Property Show (IPS) 2024, celebrating its 20th anniversary, will take center stage at the Dubai World Trade Centre from February 27-29. This landmark event will provide a unique platform for exhibitors from Gulf Cooperation Council (GCC) countries, including the UAE, Saudi Arabia, Qatar, Oman, Bahrain, and Kuwait, to present their real estate projects to a global audience of investors, homebuyers, and industry enthusiasts.
Moreover, exhibitors already represent the GCC nations. These exhibitors are The Sustainable City – Yiti from Oman, the Real Estate General Authority, and the Ministry of Municipal Rural Affairs and Housing from Saudi Arabia. United Development Company from Qatar, YAS Real Estate Development from Bahrain, and Sawa United Company from Kuwait are also participating. IPS 2024 has attracted a diverse array of exhibitors and participants.
Atiq Al-Rahman, Executive Manager of Sawa United Company from Kuwait, expressed enthusiasm for IPS 2024. He looks forward to engaging with global industry leaders on the real estate stage. This event presents a unique opportunity to highlight our commitment to excellence and contribute to the dynamic landscape of the GCC real estate market.”
Furthermore, the event will host exhibitors from nearly 40 countries around the world. Participating countries are Turkey, Pakistan, Georgia, Spain, Philippines, Albania, Greece, Thailand, Cyprus, Mauritius, France, North Cyprus, and the USA. This serves as a melting pot for real estate professionals, fostering international collaborations and expanding horizons for attendees.
Capitalizing on Growth: GCC Real Estate Market Outlook
Statistically, the GCC real estate market is on an upward trajectory, projected to reach a value of US$4.55 trillion by 2024, according to Statista. In the same year, Residential Real Estate is anticipated to dominate with a market volume of US$3.07 trillion. With an annual growth rate of 2.64% anticipated (CAGR 2024-2028), the market is poised to reach US$5.05 trillion by 2028. Moreover, high purchasing power and a favorable investment climate drive the surge in demand for luxury properties. This further underscores the potential for exhibitors at IPS 2024.
Hence, exhibitors from GCC countries can seize this unparalleled opportunity to showcase their real estate projects. They can also connect with industry leaders. They can also explore investment possibilities on a global scale to an expected 10,000+ visitors.
In collaboration with the Dubai Land Department, IPS 2024 has evolved into a global platform that ensures diverse and enriching experiences for attendees. This strategic partnership highlights the commitment to showcasing a global perspective on real estate and investment opportunities. It enhances the event’s value for both exhibitors and participants.
IPS 2024 introduces a comprehensive lineup of events. The events include the IPS Exhibition, IPS Conference, IPS Future Cities, IPS Connect, IPS Finance, IPS Women, IPS Youth, etc. This multifaceted approach underscores the commitment to innovation, knowledge exchange, and networking within the real estate sector. It provides exhibitors with unparalleled exposure.
