International Property Show 2006, the comprehensive annual trade exhibition for international and Middle East property markets is organising a live auction at its 2006 edition in co-operation with the Dubai Land Department(DLD) in order to create an environment that facilitates real estate acquisition and promotes the booming real estate industry in the region.

The Show, to be held as part of the International Property Week, or IPN, at the Dubai International Exhibition Centre from February 21-23, 2006, is jointly organised by ‘Strategic Marketing and Exhibitions’ and ‘THE DOMUS GROUP’, and is looking to generate a strong investor base by actively promoting real estate buying and selling.

Dawood Shezawi, managing director, Strategic Marketing and Exhibitions, said: “The purpose of the auction is to facilitate the purchase of attractive properties carefully chosen by the Dubai Land Department. The auction is meant to signify that the International Property Week is not only about exhibition, but active investment. We are looking for serious participants who will have to submit a deposit to signify intent to purchase. To create the right atmosphere, buyers must be prepared to buy.”

The auction will be covered live by Aqariya Real Estate TV, the region’s only dedicated Real Estate Channel. The channel has enjoyed increasing viewership since its December 17, 2004 launch. Al Aqariya has recently launched a second Real Estate classifieds channel to capitalise on the strong success of its first offering. With its emphasis on incisive and rapid information dissemination, and in line with its credentials as the premier source of reliable information in real estate and tourism, Aqariya TV is looking to bridge the investor-developer gap by broadcasting the auction live.

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Posted: 01|31|06 at 9:55 am. Filed under: Property News.