ETA Star Properties, a leading property developer in the UAE, has announced that it will debut at EXPO REAL, the 8th International Commercial Property Exposition to be held in Munich from October 10-12, 2005, in order to consolidate its growing presence in European countries.
EXPO REAL, expected to draw participation from more than 1,400 exhibitors from over 30 countries, provides an excellent networking platform for property developers and investors. Investors at EXPO REAL will be able to choose from a broad range of lifestyle choices offered by ETA Star.
With the real estate market in Dubai growing at an exponential rate, ETA Star’s debut at EXPO REAL will be a catalyst for further expansion of the Dubai property market. The participation by the developer of iconic projects like 23 Marina, Al Manara and Liberty House is expected to generate active interest among real estate investors and those seeking the second home option, encouraging them to take a close look at ETA Star’s offerings in terms of investment opportunities and lifestyle living.
Abid Junaid, Executive Director, ETA Ascon Group of Companies, said, “There is now an increased investor demand for ETA Star’s properties following the recent shift in investor patterns, with many seeking to diversify currencies and assets. Our debut at EXPO REAL will serve to further boost the UAE’s position as one of the fastest-growing property markets.”
“Europeans, especially those from German-speaking countries which has one of the highest levels of taxation in europe, account for a fair percentage of our global investors and homeowners, who look for master-planned communities and a safe, healthy environment. We view EXPO REAL as the ideal platform to present our property portfolio to European investors and initiate new business relations,” Junaid added.
ETA Star’s portfolio of commercial and residential properties includes such pioneering projects as 23 Marina, Al Manara, Liberty House, Belvedere, Palladium, Pearl, GoldCrest Executive and Goldrest Views 2.
At the recently-concluded Cityscape 2005, ETA Star’s properties generated an overwhelming response, with sales topping AED 100 million. The Busines Bay-based Al Manara, the highlight of ETA’s participation at Cityscape, alone brought in 80 per cent of the sales.
