DUBAI -- Asian investors have shelled out approximately Dh9 billion in
real estate investments into the UAE from March 2007 to the early
months of 2008, according to recent market studies.
Driven by the huge potential of marketing its developments to Asian-based investors, Bonyan International Investment Group
has participated at the recently concluded Cityscape Asia 2008, where it showcased its Dh3.5 billion project portfolio.
As one of the five real estate companies that represented the UAE at the event, Bonyan's
participation was aimed at increasing its penetration in the Asian
market to further reinforce its presence in the international real
estate arena.
With industry experts projecting further
growth in investment opportunities within the UAE real estate market,
investors from India, Pakistan and Iran continue to patronise
commercial, residential and mixed use spaces within the country's most
sought-after developments. Backed by a strong portfolio of high value
real estate offerings and an array of value added services, Bonyan's
strategy is to develop more unique projects that can deliver
outstanding investment returns. In addition to favourable economic and
geographical conditions, the involvement of governments through several
landmark legislations being enacted across the seven emirates has
further positioned the UAE as regulated and investor-friendly market.
"Our aim is to gain a worldwide repute as a developer of high value
single development and large-scale community projects and build a
project portfolio worth Dh10 billion in the next three years. Being
able to penetrate and thrive within the highly competitive regional
real estate market is truly overwhelming, and the next step for us is
to venture out and seek a broader market for our high value offerings.
For us to be able to realise this vision, we are continuously exerting
much effort to bring foreign investors to the country by underlining
the outstanding business prospects in the country through events such
as this," said Eng. Abdullah Atatreh, Chairman, Bonyan International Investment Group.
Visitors and participants at the three-day exhibition gained a clearer
overall perspective of the booming real estate landscape of the UAE and
the Middle East region, and the outstanding investment opportunities
being offered by Bonyan through its current development projects such as Dubai Gate 1 and 2, Sharjah Gate and ABBCO Tower.
The developer also showcased its full suite of integrated and
research-based services, which include project management and value
engineering, sales and marketing, and investment and feasibility, which
are being offered across all Bonyan offices in Dubai, Abu Dhabi, Muscat, Qatar and Amman.
"As one of the five developers from the UAE that took part in this
event, we were excited to showcase our portfolio projects, which
accurately represents the amazing progress of the real estate market in
the country."
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