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Northern Emirates' growth spurt to redefine UAE realty. Borne of the halo of Dubai's success, emerging developments across Northern Emirates will have a lasting impact on UAE's real estate and infrastructure outlook and profile.



Northern Emirates, 13 January 2008:
Northern Emirates’ growth spurt to redefine UAE realty

Borne of the halo of Dubai’s success, emerging developments across Northern Emirates will have a lasting impact on UAE’s real estate and infrastructure outlook and profile.

“ After staying on the sidelines of economic boom – in evidence in big brother cities of Dubai and Abu Dhabi - the Emirates in the north of the country seem to be emerging from the mists of obscurity to claim their share of glory and economic windfalls,” said Tessa Morris, Marketing Director, DSL Exhibitions, on the announcement of the company’s first R&R Local Property Show , primarily focused on the Northern Emirates’ real estate market. She also announced the launch of a consumer opinion survey the company is launching, aimed at discovering UAE residents’ key thoughts that directly connect with residential opportunities being offered in this part of the country.

“We are now witnessing a definite sense of urgency amongst all partners involved in the development of Northern Emirates – government authorities, policy makers and developers,” said Tessa. “The impact of this momentum will definitely affect the whole of the UAE.”

“The Northern Emirates – Sharjah, Ajman, Umm Al Quwain, Fujairah and Ras Al Khaimah – become increasingly lucrative destinations for property investments and has the opportunity to invest in development and build a strong self sufficient economy. This will attract more visitors, at the same time residents will contribute towards sustaining such growth”, said Debashis Bose, Training & Development Officer, Emirates Group.

The R&R Local Property Show moves to the Northern Emirates for the first time in its 5 year history, with the first exhibition outside Dubai planned on the 8 th and 9 th February 2008. Speaking on the announcement of the dates, Tessa added: “ 2007 witnessed the rise of Northern Emirates in no uncertain terms, with hundreds of projects worth billions of dirhams moving from paper to site, while several hundred more were put to plan.”

Roger Wilkinson, Managing Director of Northern Emirates Property and founder of the website www.ajmanproperty.com, who has been involved with all the projects in Ajman for the last ten years, said: “It has been an interesting to see the growth and interest in Ajman over the years, it really has a lot more to offer than most people realise. There are still good opportunities available as seen on our web site, but I do recommend quick action to avoid disappointment!”

Northern Emirates Property is an exhibitor at the R&R Show.
Platinum Sponsor – Chapal World will also be launching new projects at the show. They have long held the opinion that the Northern Emirates will witness huge growth over the next few years.

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