D&B Properties goes to Dubai and beyond with a roadshow in Paris and London
Dubai, United Arab Emirates – D&B Properties held another successful roadshow in Paris and London for the first time, showcasing Dubai’s vast real estate and lifestyle opportunities. Together with law firm BSA Ahmad Bin Hezeem & Associates LLP, the two events attracted a number of high net worth property investors, all planning to buy properties in Dubai and relocate their assets to the city.
Held at La Maison de l’Amérique Latine in Paris on October 4 and Chelsea Football Club in London on October 6, the event promoted Dubai’s real estate sector to attract a new wave of French and British investors. This event was organized as part of ongoing initiatives by D&B Properties and BSA to strengthen Dubai’s position as a leading global destination for property investment.
Adham Younis, Group CEO at D&B Properties, said: “We have had the pleasure of representing and promoting the Dubai property market in Paris and London. The event provided a realistic and positive impression of Dubai, highlighting the friendly environment the emirate offers foreign investors. . Throughout the roundtable, we were delighted to highlight the different types of support that investors could seek to help them better understand the Dubai property market throughout the roundtables. »
During the roadshow, D&B Properties gave several talks alongside leading law firm, BSA Ahmad Bin Hezeem & Associates. The first was led by Mania Merrikhi, Director of Marketing and Business Development at D&B Properties, and Chetan Shroff, Associate Director at D&B Properties, who discussed the Dubai property investment process, various offers from top developers and services provided by Dubai Land Department to investors. Michael Kortbawi, Partner at BSA Ahmad Bin Hezeem & Associates LLP, and Senior Partner Michele El Khoury (PHD), led the second discussion regarding the recently released laws and regulations on real estate funds in Dubai and the regulation of crypto payments -currency in the real estate sector.
Kortbawi said: “We had the opportunity to highlight the importance of the Dubai Land Department enabling a legal framework to safely regulate real estate investment funds in Dubai among potential investors in Paris and London. The event was an opportunity to highlight how the UAE government helps create opportunities for residents and non-residents to improve their financial and residential situation in the UAE, from launch of golden visa to real estate fund regulations. Many French and UK buyers are looking to invest in Dubai, which encourages us to launch additional awareness campaigns in the future.
Dubai’s innovative opportunities and new legislations are constantly evolving to represent a global framework, such as the offer of 10-year golden visas and the recent shift to a Monday-Friday working week. These changes have all led to Dubai becoming a global business hub. Other deciding factors that position a future in Dubai as one of the most desirable cities include:
- Dubai has recorded AED180 billion in property sales since January 2022
- Rental yields of up to 10% for short-term rentals
- Strategic location, epicenter of GCC and MENA trade and business
- Booming FDI environment supported by strong economic development and stability
- Dubai is the 23rd most popular city in the world for ultra-wealthy residents
- Ranked 16th globally for the World Bank’s Ease of Doing Business Report 2020
About D&B Properties
With nearly a decade of experience in the UAE property market, D&B Properties is an award-winning and acclaimed company and one of the leading brokerage firms in Dubai. Our success is defined by the satisfaction of our customers and the milestones we have reached since 2015. We have been recognized as the “Top Broker of Emaar” for four consecutive years and have established top-notch collaborations with leading developers – such as Emaar, Nakheel, Dubai Properties, DAMAC, SOBHA – and listing platforms – such as houza, Bayut, Property Finder and Yalla Deals. For more information, visit dandbdubai.com.
About Assessment and Advisory Services (VAS)
VAS produces comprehensive valuations of public or private real estate assets in the MENA region and provides advisory solutions to increase market value through detailed analysis and collated research.
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