Five exhibitors to watch at Cityscape Global 2018 in Dubai
Construction Week lists the five real estate developers expected to have a notable presence at Cityscape Global 2018
Cityscape Global 2018 will be held this week as the UAE’s real estate sector, much like the rest of the Middle East, gears up for increased activity. The exhibition is expected to benefit from the recently announced visa reforms in the UAE, one of which states property ownership as a legal requirement as well.
Ahead of the event, due to be held at Dubai World Trade Centre on 2-4 October, 2018, Construction Week rounds up the five exhibitors that every visitor must check out at the show.
1. Deyaar Development
The Dubai-listed developer will showcase its Bella Rose homes at Cityscape Global 2018. Condor Building Contracting was recently awarded a 26-month contract to build the 18-storey tower, which is due to open in December 2020. Unit prices in Bella Rose start from $122,450 (AED450,000) for a studio apartment. Details of Deyaar’s hospitality venture with Millennium Hotels and Resorts are also expected to be revealed at the exhibition.
2. Damac Properties
Damac, the Dubai-listed luxury real estate developer, will showcase its designer villas, luxury apartments, hotel apartments, hotel villas, and serviced apartments at the exhibition. The company will also launch Fiora, a luxury project in Golf Verde, Dubailand, at the show. Commenting on Damac’s participation, Niall McLoughlin, senior vice president at the company, said: “Like last year, we will be offering onsite property sales to potential investors, bundled with exciting offers and promotions. We are expecting to see great enthusiasm from investors at this year’s Cityscape Global event.”
3. RAK Properties
Ras Al Khaimah-headquartered RAK Properties is set to announce its development plans for its Hayat Island and Mina Al Arab megaprojects at Cityscape Global 2018. Remarking on RAK Properties’ presence, managing director Mohammed Sultan Al Qadi, said: “Ras Al Khaimah is the UAE’s fastest emerging tourism market, and this alongside the Intercontinental and Anantara launch will be an important addition to Ras Al Khaimah’s offerings for international and domestic tourists and residents. We are very excited to announce this project. I can say that it will be full of surprises.”
4. Bloom Properties
Abu Dhabi-headquartered Bloom Properties, part of Bloom Holding, has promised to showcase its “latest residential developments” at Cityscape Global 2018 in Dubai. Among Bloom’s exhibits will be Dubai’s Bloom Heights and Bloom Towers in Jumeirah Village Circle and Stella Maris Tower in Dubai Marina. Its Park View and Soho Square mixed-use developments on Saadiyat Island in UAE capital Abu Dhabi will also be on display at the exhibition. Commenting on the company’s participation, Sameh Muhtadi, chief executive officer of Bloom Holding, said: “Bloom’s participation in Cityscape Global comes as part of its continued drive to promote its diverse portfolio of residential developments that has generated significant uptake from investors across the region. The event also offers us the opportunity to answer enquiries from visitors and prospective buyers about our latest offerings and highlight the evolving developments and factors that impact real estate investments regionally and internationally.”
5. Azizi Developments
Dubai-based development company, Azizi Developments, is expected to showcase its growing portfolio of residential real estate at Cityscape Global 2018. The company had announced an early bird offer in the run-up to Cityscape Global on several of its key projects in Al Furjan, Azizi Mina at Palm Jumeirah, and Azizi Aliyah Residence in Dubai Healthcare City. These offers included reduced service charges, a 10/90 payment plan with 10% down payment, zero Dubai Land Department fees, and free one-year service charge. Commenting on the firm’s plans for the exhibition, Mirwais Azizi, chairman of Azizi Group, said: “Participating in Cityscape Global is integral for Azizi Developments, and with our diverse portfolio of projects across Dubai we have a selection of homes for everyone. We expect the investor sentiment to be buoyant as the sector’s regulatory authorities are able to support the industry to capitalize on the opportunities Cityscape Global will bring this year.”