Existing and new projects on display by Dubai Municipality, Nakheel Properties, the Saudi Arabia Ministry of Municipal & Rural Affairs, Aldar, Binghatti Developers, Tilal Properties, RAK Properties, District 2020, Arada Developments, Azizi Developments and Meydan Real Estate
His Highness Sheikh Ahmed bin Saeed Al Maktoum, President of Dubai Civil Aviation Authority (DCAA), officially opened Cityscape Global 2019 – the 19th annual edition of the gateway event for regional real estate investment – at Dubai World Trade Centre (DWTC).
HH Sheikh Ahmed bin Saeed Al Maktoum, President of Dubai Civil Aviation Authority on the Cityscape Global opening tour.
HH Sheikh Ahmed was joined by a delegation of top-ranking VIPs, including His Excellency Sultan Butti bin Mejren, Director General of the Dubai Land Department, and His Excellency Helal Saeed Almarri, Director General of the Dubai World Trade Centre Authority (DWTCA) and the Dubai Department of Tourism and Commerce Marketing (DTCM), amongst others.
During the opening tour, HH Sheikh Ahmed stopped for detailed briefings at numerous exhibitors’ stands, including the Dubai Municipality, where he received an update on its Building Information Modeling (BIM) and automated code checking systems, which cover all construction projects in the Emirate of Dubai.
HH Ahmed also visited the stands of Nakheel Properties; the Saudi Arabia Ministry of Municipal & Rural Affairs; Aldar, the Abu Dhabi-headquartered real estate development, management and investment company; Binghatti Developers; Tilal Properties, a joint venture between Sharjah Asset Management and Eskan Real Estate Development; RAK Properties, a PJSC formed with the support of the Government of Ras Al Khaimah; District 2020; Arada Developments; Azizi Developments; and Meydan Real Estate.
During the official VIP tour, HH Ahmed also met representatives from a 500-strong delegation of North American agents and brokers attending Cityscape Global to explore their clients’ portfolio opportunities in Dubai. With combined annual sales of US$ 2.2 billion in 2018, the delegation is part of the show’s strategic partnership with the Dubai Land Department and Dubai-based Century 21.
With major domestic real estate development companies represented across Cityscape Global, the show also features numerous country pavilions outlining property development and investment opportunities in Bahrain, Egypt, France, India, the Kingdom of Saudi Arabia, Oman, Pakistan, and Russia, Turkey and the UK.
US broker delegation to boost Dubai property market
With DLD announcing on the eve of the show that the Emirate’s real estate sector has generated an investment value of more than AED56 billion in 2019, Chris Speller, Group Director of Cityscape, which is organised by Informa Markets, reiterated the catalyst role Cityscape Global plays in evolving and driving the sector’s long-term sustainability.
“Cityscape Global provides a strategic platform for local and international real estate developers to display local, regional and international real estate market projects to an audience of active and engaged investors and buyers,” said Speller.
About Cityscape:
Cityscape, owned by Informa Markets, first took place in 2002 in Dubai and has since grown to be one of the largest real estate event brands globally, with events taking place across the Middle East, North Africa, Asia and Turkey. With the success of Cityscape in Dubai, the brand has constructed a portfolio of events across a spectrum of bullish markets, in countries like Egypt and Saudi Arabia, and with expansions on the horizon in Europe and Asia.
About Informa Markets:
Informa Markets creates platforms for industries and specialist markets to trade, innovate and grow. Our portfolio is comprised of more than 550 international B2B events and brands in markets including Healthcare & Pharmaceuticals, Infrastructure, Construction & Real Estate, Fashion & Apparel, Hospitality, Food & Beverage, and Health & Nutrition, among others. We provide customers and partners around the globe with opportunities to engage, experience and do business through face-to-face exhibitions, specialist digital content and actionable data solutions.
– Cityscape