Improved political stability and safety, investor-friendly regulations and high value of a rupee against a dirham (Rs36.20=Dh1) is attracting 1.21 million Pakistanis residing in UAE to $1.634 billion (Dh6 billion) worth of affordable projects in their home country that will be showcased at the 4th edition of Pakistan Property Exhibition, which will run from November 1st to 3rd, 2018 at Abu Dhabi National Exhibition Centre (ADNEC), Abu Dhabi.
Pakistan Property Exhibition is the pioneering property event targeting Non-Resident Pakistanis (NRPs) living across the world. The event brings together leading developers and real estate agents from Pakistan to the international real estate investment market where thousands of high-net-worth Pakistanis amasses among 1.21 million Pakistani expatriates.
This year, Pakistan Property Exhibition has received the sales permission for its exhibiting developers that allows them to sell their properties and make transactions of any volume during the show dates, which is a major magnet for two-way investors, developers, brokers, architecture and design firms, constructors, construction material suppliers, financial and legal institutions and associated governments entities.
Dony Cyril, Exhibitions Director of Dome Exhibitions, the organizers of the event, said: “Pakistan and Pakistanis around the world are emerging as major economic power and investor segment. Over 1.21 million Pakistani population concentrated only in UAE, apart from millions other living in UAE’s neighbouring countries – Saudi Arabia, Kuwait, Bahrain, Qatar, Oman – makes economic sense to capitalize and create investment opportunities for them.”
“Over the past edition of the exhibition, we saw Pakistani Investors swarming to the show, which is dedicated only to help them find a good home in their country. With the support of Jang Group, the largest media house in Pakistan, co-organizer of the event, we chose high-quality and reputed real estate developers and brokers in Pakistan to come up and present their high-yielding properties not only to Pakistani migrants, but also to non-Pakistanis who would like to invest in Pakistan in the wake of country’s fast improving developments,” Dony added.
2017’s edition attracted 2,682 Pakistani investors to whopping discounts offered by over 100+ Pakistani real estate projects. A large number of trade visitors explored investment opportunities back in home, along with market trends and met potential partners who could bridge business for them between UAE and Pakistan.
Muhammad Iqbal Dawood, President of Pakistan Business Council Dubai, said: “Pakistanis being the second largest expat community in UAE – 12.5%, there is a massive buyer segment for the properties available in different cities of Pakistan. I am sure the developers who have good track record and reputation in Pakistan will see good sales at Pakistan Property Exhibition in Abu Dhabi.”
Amongst real estate investors, 72 per cent explored the opportunities of investing into spacious villas in Pakistan, while 11 per cent want to buy apartments in cosmopolitans, 15 per cent in land investment for better yield in future and 2 per cent in industrial investments. Investors find Pakistan Property Exhibition a valuable business platform that helps leading players in the real estate sector meet with potential investors and close deals. The exhibition brings developers and real estate agencies to showcase the most exciting investment opportunities in Pakistan.
Sarmad Ali, Managing Director of Pakistan’s leading media group – Jang Group, co-organizer of the event, said: “Pakistan Property Exhibition at the International Real Estate and Investment Show in Abu Dhabi, gives greater opportunity to developers and related industries to have direct interaction with high-value and potential investors and to Pakistan expats who yearn to have a decent and affordable home in any city of Pakistan. It gives us great pleasure that Jang Group and IREIS tie-up is helping millions of people from the GCC countries in this regard.”
The Pakistan exhibition is co-hosted by the 10-year old and established International Real Estate and Investment Show (IREIS), which lends its event expertise and plays a pivotal role in the growing success of Pakistan Property Exhibition.
The 10th edition of the International Real Estate and Investment Show (IREIS), a B2C sales and networking platform where spot sales are permitted, is bringing leading local and foreign real estate developers, investors and agents under one roof will reflect the attractiveness of UAE’s real estate sector and will attract investors from various parts of the world.
IREIS is expecting over 125 high-end exhibitors and more than 12,000 visitors. To give a greater value to the exhibitors and visitors, the associated events that will complement the main IREIS Abu Dhabi 2018 are ‘International Real Estate Conference’, ‘Citizenship & Residency Expo’, ‘Pakistan Property Exhibition and the ‘Real Estate Developer – Agent Meet’.