City Scape Global is inevitably the largest real-estate exhibition that UAE witnesses every year. The exhibition is normally a three day long program that aims to bring all the real-estate relevant magnates under one roof. From mega-developers to well-established development entities, renowned real-estate brokers to potential investors, end-users to even suppliers, all these stakeholders share a single roof in this avant-garde of an exhibition.
2017 was the year that recorded over Dh 870 million for the onsite transactions in the City Scape Global Exhibition. With such a major amount turning up the real-estate scenario of the country altogether, the exhibition provided as the barometer to gauge and test the property market’s ongoing trend and pattern. Such an escalated demand gave the whole market a big pat on the back and is the very reason why developers as well as property analysts all expect the same level of interest and enthusiasm from investors this year too.
Each mega developer has endeavored to emerge with its own unique offering to gain a competitive advantage over other stellar developers in the region to stand out in this quest. From Dubai Properties to Damac Properties, Azizi Developers, and several other major giants in the region, the exhibition will be honored with the presence of all and sundry. The platform acts as a serving ground for not only off plan but also ready to move projects.
Thus, it would not be wrong to say that City Scape Global sets the tonality for property market trends for the next whole year for developers and analysts alike.
Shedding some light on the importance of this yearly meet-up, Atif Rahman, Director & Partner of Danube Properties was recorded stating: “It’s a great meeting place of minds and we will interact with our suppliers as well. The exhibition is a barometer that reflects the market mood. At Cityscape, we will feel the market pulse when we talk to stakeholders and our partners.”
Hussain Alladin, Head of IR & Research at Global Capital Partners added: “Cityscape is a seminal event in the Dubai real estate industry. In the run-up to Cityscape every year, there are launches that are announced, as well as a raft of measures that regulators and the government offer for investors and end-users alike. This year will be no different. From a sales perspective, it is likely that while there will be new launches, there will be a greater emphasis on ready properties and the incentives associated with it; and greater direction on where the industry is headed post 2020 and what the new initiatives will be vis-a-vis ‘smart housing’ and the like.”
So, all you developers, agents, brokers, investors and real-estate enthusiasts reading this, head to World Trade Center Dubai to experience this avant-garde from 2nd to 4th October, 2018 between 10 am to 7pm.
