Looking to save a whole lot of money on your next property investment in Dubai? Obviously you are, so you should probably get yourself down to the Dubai Property Festival, which is set to be the largest property promotion event in the Middle East.
The event comes as the result of a partnership between the Real Estate Investment Management and Promotion Center, the investment arm of Dubai Land Department (DLD), and the International Property Show. It’ll take place at the Dubai World Trade Centre from April 9 to 11.
It will include a series of global activities aimed at attracting investment into the UAE’s real estate market. Offers on the lowest mortgage rates with a profit margin of 1.85% per annum will be available, as will discounts of up to 20% on certain projects.
And if you see a property you like, you’ll be able to place a down payment on the spot, because the event is authorised by the Real Estate Regulatory Agency (RERA).
“The festival will offer discounts and exclusive promotions for three days, with developers providing special rates, reasonable introductory payments, and lower registration fees. In order to offer all real estate services under one platform, free legal services and consultations will also be available, as well as a property auction and local deals through live auctions,” said Dawood Al Shezawi, Head of the Dubai Property Festival Organising Committee.
“In addition, the banks will be offering exclusive promotions including no registration fees or service charges, and customers can receive pre-approvals during the festival at discounted rates.”