MIAMI — The MIAMI Association of REALTORS® (MIAMI) and Realopedia as Global Marketing Partners will promote South Florida and the new global real estate portal at the Middle East’s largest and most influential property showcase. MIAMI CEO Teresa King Kinney and MIAMI Chairman Mark Sadek will make a Miami market presentation at the 2016 Cityscape Global event, which will be held Sept. 6-8 at the Dubai World Trade Centre. The MIAMI and Realopedia stand (S3A15) will be located at Sheikh Saeed Hall 3.
“The launch of a direct Miami-to-Qatar flight has increased Middle Eastern interest in South Florida real estate,” Kinney said. “Investors and home buyers from Dubai and the United Arab Emirates love Miami’s vibrant nightlife, art and international business center. The Middle East is part of an increasingly larger array of countries purchasing Miami real estate, and there is great synergy between Miami and Dubai.”
International transactions play a significant role in the Miami real estate market. About 50 percent of all foreign transactions in Florida take place in Miami-Dade and Broward, and Florida is the top state in the nation for sales to global buyers.
Joining Kinney and Sadek in Dubai will be: 2016 Broward Council President Donna Reid of Coldwell Banker Residential Real Estate and members Arielle di Lella and Donna di Lella of di Lella International Luxury Sales Group, and Mohammed Siddiq of Maverick Equity.
The Dubai showcase is part of MIAMI’s increased efforts to promote South Florida around the globe. In 2016, MIAMI has participated and/or exhibited and presented at MIPIM in France, FIABCI World Congress in Panama, Gran Salon Inmobiliario in Colombia, China North America Global Summit in China and NAR-India in India. This fall, MIAMI plans to participate and present at FIABCI France, the Salon National de l’Immobilier in Paris and InmoExpo in El Salvador.