“We have been overwhelmed by the response from exhibitors and have had to contract with ADNEC (Abu Dhabi National Exhibitions Company), the venue operator for additional space to cater to the huge demand. Exhibit space has more than doubled from a previously estimated 3,200 square metres to 6,500 square meters”, said Antoine Georges, Director of Dome Exhibitions, the organizer of IREIS 2007.

The third edition of IREIS will take place March 21 – 24, 2007 at the Abu Dhabi International Exhibition Centre. The event will highlight the expanding real estate potential of Abu Dhabi, which has seen projects exceeding AED 380 billion being announced since 2004.

“Almost every big name who has a stake in Abu Dhabi’s real estate market has confirmed participation at the show. Some of the high profile exhibitors include Sorouh Real Estate, Aldar Properties, Al Qudra Holdings, Tamouh Investments, Al Rayan Investments, Hydra Properties, Mumtalakat, Royal House and First Gulf Bank”, said Georges, elaborating on the high exhibitor demand.

IREIS 2007 builds on the successful 2006 edition which saw over 5,000 visitors tour the displays of over 50 exhibiting companies.

According to the RSP Group, a middle east real estate investment advisor, 250,000 new housing units will be required in Abu Dhabi over the next decade to meet the projected demand for housing. The population of Abu Dhabi is expected to more than double in the next 10 years to two million.