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Saturday, September 20, 2014

35,000 Participants Expected At Cityscape Global

Cityscape Global, the Middle East’s largest and most influential property show, opens tomorrow (21 September) with 35,000 participants expected from around the world and exhibitor numbers climbing above 280 for the first time in five years.

According to the Dubai Land Department (DLD), supporters of the show, 6,636 properties were registered across the Emirate for the first half of the year, further underlining the sustained investor confidence in the real estate market.

Omniyat, Nikken Sekkei, Seven Tides, Sun & Sand Developers and TDIC will be among the leading developers and architects launching new projects at the three-day event, which takes place from 21-23 September at the Dubai World Trade Center

With AED113 billion worth of transactions pumped into the Dubai property industry in the last six months, DLD believes Dubai has now established itself as a prime global destination for real estate, following the implementation of new laws and regulations which safeguard investors.

HE Sultan Butti Bin Mejren, Director General of Dubai Land Department said: “Dubai’s real estate market is unique and offers a diverse range of products and services, meaning that there are opportunities for large and small investors.

“The renewed confidence in the market is a sign of Dubai’s resilience. It has proved that it can weather adverse conditions and can immediately respond by capitalizing on an improving outlook.

“Our aim is to facilitate the market’s expansion, we enact laws and regulations to find proactive solutions to problems, whilst at the same time maintaining the rights of all investors.”

The Middle East’s largest and most influential property show is co-located with three dedicated and expert-led conferences, the Global Real Estate Summit, Future Cities and the Real Estate Brokers Summit, which are expected to bring together more than 1000 senior real estate professionals.

Also running in tandem with the exhibition is the Cityscape Awards for Emerging Markets. Consisting of 13 categories, winners will be announced at an elaborate ceremony taking place at the Armani Hotel, Burj Khalifa, on 22 September in Dubai.

Cityscape Global 2014 is supported by the Foundation Sponsors Emaar, Dubai Properties and Nakheel; International Strategic Partner Property Solutions; Gold Sponsor Tourism Development and Investment Company (TDIC); Project Marketing Sponsor Aqua Properties; Official Architect Architecture & Planning Group (APG); Official Broker Trisl Real Estate; Official Mortgage Provider Abu Dhabi Finance; Silver Sponsors Apex Real Estate Development L.L.C. and Tecom Investments; and Property Registration Trustee Partner Tamleek Property Transfer.

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