Dubai / WAM / Emirates Business
His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of Dubai Executive Council, on Monday morning, inaugurated the three-day Cityscape Global exhibition, which is being hosted by the Dubai World Trade Centre (DWTC).
HH Sheikh Hamdan bin Mohammed toured the exhibition halls and learnt about the most important real estate, tourism and entertainment projects being executed by national and international companies. Nearly 300 real estate companies and specialised entities from within and outside the country are participating in this annual event in its 16th edition.
HH Sheikh Hamdan stopped at a number of pavilions of companies exhibiting their current and future projects and heard their plans to contribute to developing this vital sector, which forms the main axis in achieving economic stability for various sectors and members of the community.
Expressing his satisfaction with the efforts made by these national companies, he stressed the importance of this sector in supporting the national economy, diversifying its sources, and expanding it locally, regionally and internationally. He said Dubai is considered one of the leading cities in the world in this field and is the favoured
destination for regional and
Sheikh Hamdan also viewed a huge model of the integrated community, District 2020, while visiting the Expo Dubai 2020 pavilion. After the end of the international event in the first quarter of 2021, the space will be utilised to create a heritage hub.
He further underlined the promising future, which awaits the UAE during and after the Expo 2020 Dubai that is expected to attract millions of visitors and investors. They will learn about the capabilities of the country in general and Dubai in specific. This is essential to guarantee economic returns to investors especially in light of the logistical facilities that they will enjoy, as well as the stability, security and safety of open markets in the Middle East and North Africa, and South-East Asia.
Recognised as the barometer for the regional real estate industry, Cityscape Global will host to almost 300 exhibitors including the UAE’s major real estate developers Dubai Holding, Nakheel, Meydan, Meraas, Dubai South, DAMAC, Aldar Properties, as well as other local and international exhibitors from 30 countries.
Marking a milestone for Cityscape Global’s continued cooperation with the Dubai Land Department and its Real Estate Regulatory Authority, UAE-based projects are available for sale directly from exhibition stands, and a number of developers are offering special promotions and offers to visitors.
Dubai Properties, the real estate master developer
behind some of the most prominent projects in Dubai is taking part in Cityscape Global this year to showcase developments across key destinations including Business Bay, Dubailand, and Dubai Wharf. It is also launching two new projects for sale at the exhibition: Marasi Towers in Marasi Business Bay and Amaranta – phase 1 of
Villanova in Dubailand.
Marwan Al Kindi, Executive Director of Sales and Sales Operations at Dubai Properties said: “Over the years, Cityscape Global has gained tremendous momentum, becoming the leading real estate investment and development event in the region.”
This year, a host of new local and international participants will take part including Arada (Sharjah), Aldar (Abu Dhabi), Imkan (Abu Dhabi), Oriental Pearls (Dubai), and Northacre from the UK, as well as companies participating as part of the Bahrain and Pakistan pavilions, and the Korean Tourism Organisation.
Leading Saudi developer, ARTAR Real Estate Development, is using Cityscape Global to showcase its
36-storey luxury residential tower, Mada Residences, opening in Downtown Dubai by Q2 2018, and the spotlight this week is firmly on the property’s Signature
Collection of nine elite
Tom Rhodes, Exhibition Director at Cityscape Global said: “The exhibition is unmatched as an event that draws in the region’s real estate powerhouses as well as quality visitors that encompass the whole spectrum of the industry; from architects and brokers through to
investors and end-users.