Eye of Dubai to promote UAE’s real estate sector to 26,000 participants at MIPIM France

source Al Bawaba


MIPIMEye of Dubai, a leading provider of online business and event information for Dubai residents and visitors and the premier tourism and investment guidebook, has announced that it has initiated a planned global expansion after signing an agreement to be the media partner of MIPIM 2008, the world's premier real estate summit being held in Cannes, France from March 11-14, 2008 with over 26,000 international property players in attendance.



For more than 18 years, MIPIM has been the key meeting place for real estate decision makers from all over the world, showcasing hundreds of new high-quality real estate development projects for office, industrial, hotel and resorts, luxury residential properties or mixed use from over 80 countries. At this year's event, there are more then 6,600 investors and corporate end users from around the world gathering in the global networking event.



"Dubai's property market has been one of the country's strongest selling points and it is part of our responsibility to make sure this message is heard across all relevant marketing platforms in the world. As such, Eye of Dubai's high-profile involvement in MIPIM 2008, which is one of the most prestigious in the world, will provide a significant boost to our ultimate goal of helping international investors facilitate their activities within Dubai's lucrative real estate sector," said Abdullah Al Harbi, CEO, Eye of Dubai.



"The event will also serve as an excellent opportunity to reinforce our ties with our French counterparts, who have been important business and investment partners of the UAE for many years," added Al Harbi.



According to recent statistics, over USD 100 billion worth of residential projects are now underway in Dubai, adding more than 150,000 new homes to the market. Overall demand, however, continues to exceed supply, providing more real estate investment opportunities in the residential sector, one of the key points to be highlighted by Eye of Dubai at MIPIM 2008 through the hundreds of Eye of Dubai guidebooks distributed for free, as well as through its feature-rich online portal.



Aside from MIPIM 2008, Eye of Dubai has also lined up over 50 other events that it will be involved in throughout the year, highlighting its intensified strategy of partnering with prominent global exhibitions and conferences to promote tourism and business opportunities within Dubai and the rest of the emirates.



Eye of Dubai offers a wide range of interactive services and other resources related to business, social activities, lifestyle and financial news in Dubai. It has also been a recipient of several awards, including the recent ‘Best Website of the Year'.