Stating that the exhibition was a prime opportunity for property buyers to capitalise on the exciting projects in the UAE capital, HE Dr. Sultan said that Abu Dhabi was today one of the most dynamic business destinations in the region. “The aggressive economic diversification programme of the Abu Dhabi government has opened up diverse opportunities and real estate is one of the key sectors on the government's diversification agenda. Measures undertaken over the last few years to liberalise the property market and boost investments in the sector have made Abu Dhabi a very attractive destination for real estate development”.

47 exhibitors are taking part at IREIS 2007 and the exhibition occupies an area of over 6,500 square metres. In line with the vibrancy in the UAE capital’s real estate environment, the show has doubled in terms of exhibit space since last year’s edition.

“IREIS 2007 is a platform for investors and real estate providers to interact and conclude deals directly and is focussed on the final consumer rather than members of the trade community” said Antoine Georges, Director, Dome Exhibitions, the organiser of the IREIS 2007.

Since mid-2004 projects with a total value of more than AED 380 billion have been announced in Abu Dhabi. These include The Quay, Yas Island, Saadiyat island, Al Raha Beach, Danet Abu Dhabi, Najmat Abu Dhabi, Shams Abu Dhabi and Capital Centre.

The exhibitors at IREIS 2007 include master developers such as Sorouh Real Estate, Al Qudra, Tamouh Investments, Falcon City of Wonders and Manazil Real Estate, property development companies such as Profile Group Properties, Hydra Properties, Aztec Propeties, real estate agents MAS Real Estate, Sherwoods, Vista Real Estate and Royal House Real Estate. ADCB and First Gulf Bank will present their range of real estate financing packages.