More than 7,000 real estate consultants and 1,200 savvy international property investors are set to attend a series of business seminars across China with a focus on property opportunities in Dubai, United Arab Emirates (UAE).
Staff from 5i5j, one of China’s leading real estate companies, will attend training programs in Beijing, Hangzhou, Shanghai and Tianjin to learn about Dubai’s property market.
Chinese investors are increasingly interested in Dubai, which saw investment in excess of $350 million from China last year. That’s almost 300 percent growth compared to just a year earlier.
A delegation from DAMAC Properties, one of Dubai’s leading real estate developers, will be visiting China to support the program and showcase luxury living properties available in the UAE.
“There is a big desire for top quality property in Dubai from savvy Chinese buyers, and we expect to see investment top CNY100 billion over the next few years as more investors turn to Dubai,” Hu Jinghui, 5i5j’s vice president, said. “DAMAC Properties is developing high-end luxury villas, apartments and hotel apartments in the city, which reflect the style and standards expected from Chinese buyers. We see this being one of our biggest international markets in the coming years.”
The programs will provide insights into real estate laws and overseas international-standard investment regulations in Dubai, as well as the array of luxury property available across the UAE.
There will be four programs available: Beijing on August 22, Tianjin on August 23, Shanghai on August 29 and Hangzhou on August 30.
Interested participants can contact 5i5j to attend.
