Dubai, UAE :

Speakers at the Wealth Arabia Summit Dubai have observed that Real estate trends that the Wealth Arabia Summit addressed include: best practices in solving issues arising from cross-border real estate transactions, exploring trends and benefits of cross-border real estate transactions and unique and exciting case studies for HNWIs to learn from.

Luann Chamayne Parker, Director, Business Development, IMKAN Properties, said: “Abu Dhabi real estate investment offers attractive 7% yield and a better value proposition. The Emirate has strong economic footings having 60% of GDP of the entire UAE, and holds the world’s second largest sovereign wealth fund.”

The very top of Abu Dhabi’s residential sales market has been relatively positive, and is showing signs of stabilising. Sea facing villas on Saadiyat Island for instance, which remain the most expensive residential property type in the UAE capital, have seen no movement in prices for two consecutive quarters. This trend is likely to help tempt buyers back into the market especially as we feel the stability is likely to persist.

“For investing outside the UAE, London is the most sought-after choice for UAE and Middle East investors due to London’s stable economic, political and social systems” said Murray Strang, Head of Dubai Management of Cluttons, a London-based property consultancy with office across the Middle East.

The Central London office market is currently undergoing a period of significant change, but with big change comes great opportunity. For UAE investors, Shariah compliant real estate investment attracts due to its clarity and interest.

Racha Alkhawaja, Group Chief Distribution and Development Officer of Equitativa Group, said: “Real estate by nature is a long term plan. Currently slow market is good time for buyers for future investment that passes on to the children. Real Estate Investment Trust (REIT) she says are important for institutional investors with long term plans.

Carefully selected keynote topics and speakers solidify the summit’s objective of providing actionable investment advice. William Mullally said, “Thankfully, in 2019, there is no ‘get rich quick’ scheme to be had—nothing to give more calm heads the oft misleading fear of missing out and point them in a rash direction. What we’re left with is the sort of landscape which is difficult to navigate as an inexperienced investor, but on which the greatest thrive.”

Sponsors for WEALTH Arabia Summit 2018 include Sobha Realty, CS Global Partners, IG, and FFA Private Bank. Exhibitors include INSEAD, Invest Cyprus, Aristo Developers, Pafilia, KHGP and KIBRA.

-Ends-

About Wealth Arabia Summit

The Wealth Arabia Summit is the only platform in the region built from the ground up that specifically caters to high net-worth individuals (HNWIs) and their most trusted representatives in wealth management. Since its inception in 2016, the summit has established itself as the premium forum bringing together the region's HNWIs, senior investment executives and service providers for actionable investment advice from the world's most informed. 

Previous speakers include Dr. Mark Mobius, Executive Chairman, Templeton Emerging Markets Group (Keynote, 2016.), Gary Dugan, Former Chief Investment Officer, Emirates NBD & NBAD (Keynote, 2017.), Remy A. Bersier, Global Head of Emerging Markets & Member of Executive Board, Julius Baer (Panelist, 2017.), Sherif Wahba, Managing Director & Member of Executive Board, Goldman Sachs (Panelist, 2017.) and many more.

For more information, kindly contact:

Cris Balatbat

Events Marketing Manager

Direct   : +971 4 3913725

Mobile  : +971 58 5944818

E-mail   : cris.balatbat@cpifinancial.net  

© Press Release 2018

Disclaimer: The contents of this press release was provided from an external third party provider. This website is not responsible for, and does not control, such external content. This content is provided on an “as is” and “as available” basis and has not been edited in any way. Neither this website nor our affiliates guarantee the accuracy of or endorse the views or opinions expressed in this press release.

The press release is provided for informational purposes only. The content does not provide tax, legal or investment advice or opinion regarding the suitability, value or profitability of any particular security, portfolio or investment strategy. Neither this website nor our affiliates shall be liable for any errors or inaccuracies in the content, or for any actions taken by you in reliance thereon. You expressly agree that your use of the information within this article is at your sole risk.

To the fullest extent permitted by applicable law, this website, its parent company, its subsidiaries, its affiliates and the respective shareholders, directors, officers, employees, agents, advertisers, content providers and licensors will not be liable (jointly or severally) to you for any direct, indirect, consequential, special, incidental, punitive or exemplary damages, including without limitation, lost profits, lost savings and lost revenues, whether in negligence, tort, contract or any other theory of liability, even if the parties have been advised of the possibility or could have foreseen any such damages.