Land Sterling to participate at the International Property Show 2016

The International Property Show, the annual event dedicated to regional developers and individual retailers in the UAE, unveiled that Land Sterling, a British firm of chartered surveyors and property consultants, will take part in the event.

The company, specializing in providing valuation services of commercial and residential property plus a range of consultancy services backed by rigorous analysis and sound research, will showcase its services available through its subsidiaries in Dubai, Abu Dhabi, Riyadh, Algiers and London.

The company says that its participation in the International Property Show come out of its belief in its importance as an ideal platform to exchange knowledge and experiences from the UAE and beyond. As in previous years, the company is set to launch its annual report on real estate market, which includes a complete analysis of the prices and rentals across the UAE.

Taking into account that Indians are largest group of investors in Dubai, there is a big gap in purchasing power between Ruby and the UAE Dirham. The rate of income in Dubai is much higher for of that in India or other countries in South Asia. 

“The real estate market in Dubai witnesses increase in the number of transactions as a result of lower prices. Based on the number of units that will be pumped into the market in 2016, the prices will see further decline. The rental average yield in Dubai market in Dubai is 7.44%, compared with (2.3%) in Hong Kong and (3.4%) in London. Areas such as ‘Discovery Gardens’, ‘Dubai Silicon Oasis’ and ‘Dubai Sports City’ yield returns of more than 9%,” added the company.

Dawood Al Shezawi, CEO, Strategic Marketing & Exhibitions, organizers of the International Property Show said the exhibition this year attracted extensive list of exhibitors from around the world who will showcase rewarding projects for investors, including projects from European, Asia, America, and pan Arab countries.