Monday, February 06, 2006

Dubai Land Department launches live auction at International Property Week in February



International Property Show 2006, the comprehensive annual trade exhibition for international and Middle East property markets is organizing a live auction at its 2006 edition in co-operation with the Dubai Land Department in order to create an environment that facilitates real estate acquisition and promotes the booming real estate industry in the region
Move comes as Show looks to leverage buyer momentum to facilitate real estate investment
The Show, to be held as part of the International Property Week at the Dubai International Exhibition Centre from February 21st-23rd, 2006, is jointly organized by “Strategic Marketing and Exhibitions” and “THE DOMUS GROUP”, and is looking to generate a strong investor base by actively promoting real estate buying and selling.

Dawood Shezawi, Managing Director, Strategic Marketing and Exhibitions, said, “The purpose of the auction is to facilitate the purchase of attractive properties carefully chosen by the Dubai Land Department. The auction is meant to signify that the International Property Week is not only about exhibition, but active investment. We are looking for serious participants who will have to submit a deposit to signify intent to purchase. To create the right atmosphere, buyers must be prepared to buy.”

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