Abu Dhabi property market consolidates with AED 1 trillion in fresh investments
Eye of Dubai, the premier comprehensive tourism and investment guidebook and online portal for Dubai residents and visitors, has announced that it has been appointed as a media partner of the 4th Abu Dhabi Real Estate and Investment Show (IREIS 2008), the only exclusive international exhibition for consumers which will be held at the Abu Dhabi National Exhibition Centre (ADNEC) from January 30 to February 2, 2008.
As media partner, Eye of Dubai will provide marketing and promotional support to showcase the enormous investment potential offered by Abu Dhabi, which has earmarked AED 1 trillion worth of construction projects for the next few years. With property ownership laws recently in place, Abu Dhabi has emerged as one of the leading players in the regional market with real estate businesses reporting growth rates of up to 25 per cent.
“Eye of Dubai is excited to be part of IREIS 2008, which is one of the major real estate events that will be held in the UAE capital. IREIS 2008 is critically important because of the huge explosion in real estate development in Abu Dhabi. This year alone, around 11,000 new units in Abu Dhabi are poised to be handed over," said Abdullah Al Harbi, CEO, Eye of Dubai.
IREIS 2008, which is under the patronage of H.E. Dr. Sheikh Sultan Bin Khalifa Bin Zayed Al Nahyan, Member of the Abu Dhabi Executive Council, expects to gather the most prominent international real estate personalities and organisations from the public and private sectors. The exhibition, which will occupy three halls covering over 9,500 square meters, will facilitate various real estate investment opportunities and services in major property markets in the UAE capital and around the world.
Eye of Dubai will provide extensive coverage of the comprehensive real estate event through its online portal (www.eyeofdubai.com), which has recently been awarded as one of the best websites in Dubai. Eye of Dubai guidebooks will also be distributed for free during the exhibition.
Eye of Dubai has established key partnerships with several prominent exhibitions in the UAE as part of its strategy to optimise the guidebook's international readership, particularly among business tourists. As part of its participation at IREIS 2008, Eye of Dubai will provide a comprehensive feature about the event on its website along with various interactive services and related information.
Eye of Dubai offers a wide range of resources related to business, social activities, lifestyle and financial news in Dubai. It has also been a recipient of several awards, including ‘Best Website of the Year', ‘Gold Award for Best Travel and Tourism Website’ and ‘Gold Award for Directories and Info Services’ at the 2007 UAE Web Wards. It also won ‘Best Strategic Website for Travel and Tourism', 'International Standards Web technology Award’ and ‘Gold Award for Best Travel and Tourism Website' during the Pan Arab Web Awards 2007.
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