Cityscape to put spotlight on new UAE developer ventures

ABU DHABI: Major developers out to lure Abu Dhabi’s property and asset investors maintain ready-made quality infrastructure and attractive payment plans are now key to closing land and villa sales with the UAE capital’s increasingly shrewd buyers.

Held under the patronage of His Highness Sheikh Mohamed Bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, Cityscape Abu Dhabi, which runs at Abu Dhabi National Exhibition Centre (Adnec) from April 16-18, will feature two prominent new-to-market entries will be out to capture sales with strong infrastructure-and-payment pitches.

Leading the drive will be Tilal, the Sharjah Government and Eskan Real Estate Development joint venture, which will launch the Tilal City mixed-use project - touted as ‘New Sharjah’ - with a unique mortgage-for-land offering.

The company anticipates the development, which lies on the Emirates Road adjacent to Dubai›s border, will prove a breakthrough project for Sharjah with the chance to buy land and build within the emirate’s first master-planned community poised to meet Abu Dhabi buyers’ appetite for tangible assets.

Khalifa Al Shaibani, Director-General of Tilal Properties, said: «The land plots offered by Tilal Properties this year present a promising investment opportunity and meet the requirements of those seeking long-term residence in the UAE after retirement. It›s undoubtedly a valuable opportunity for developers to take advantage of the City›s advanced infrastructure,». He pointed out that work will start over the coming three months to link Tilal City with key exits and entries on the Emirates Road.

“The UAE real estate market is one of the most promising in the region due to a myriad business opportunities, including attractive returns for investors, this is why we›ve decided to participate in this year›s edition of Abu Dhabi Cityscape to promote investment opportunities at Tilal City, in line with the vision of the Government of Sharjah, to launch an innovative model city boasting a strategic location and offering an ideal opportunity for those wishing to own or invest in Sharjah.”

The City will combine Tilal Mall, which, upon completion, will be the largest fully-serviced business centre in the Emirate of Sharjah at an estimated gross area of 2 million sqft and a development cost of Dhs1 billion.

Meanwhile, newly-established and Masdar-headquartered SIADAH International Real Estate is unveiling a brand-new project at Cityscape Abu Dhabi with a special launch offer and payment plan aimed at environmentally-conscious buyers.

“As part of the establishing team of SIADAH Development, I believe that the fundamentals of every successful project are based on understanding the market needs and clients’ demands in terms of delivering quality real estate products and assuring that investors and end-users’ needs are met.” Said Chawqui Derradji, SIADAH’s CEO.

Mohaned Yaman, Cityscape Abu Dhabi’s Senior Exhibition Manager, added: «Abu Dhabi has retained its reputation as a source of informed buyers. Developers are responding with upgraded quality offerings and innovative payment plans.” Aside from the Cityscape Abu Dhabi Conference, supported by Platinum Plus Conference Sponsor ADCP, and Eltizam as Gold Conference Sponsor, the event programme also features free-to-attend Cityscape Talks education sessions dedicated to learning and networking. The Cityscape Talks platform includes seminars from renowned experts from varying real estate sectors who will outline how to maximise investments and identify market trends. In addition, The Talks will also feature an architecture stream under the theme: Design Dialogue - Tackling the monumental, the mundane and sustainability in the built environment.

More than 100 developers and suppliers, as well as some 15,000 plus buyers and investors, are expected at Cityscape Abu Dhabi. Aldar, Azizi, and ZonesCorp are this year’s Platinum Sponsors -while Imkan Properties, Arada, Bloom Holding, Binghatti, and Wahat Al Zawayia are just some of this year’s exhibitors.

Cityscape Abu Dhabi is the leading property investment and development event in the nation’s capital bringing together key industry decision makers, local, regional and international investors, homebuyers, developers, government and investment authorities, architects, designers, consultants, and senior industry professionals. The event is renowned for being the barometer of the capital’s property sector, responsible for fostering partnerships and creating opportunities that drive development and investment across the country through its exhibition, conference and other content features that take place during the three-day event.

Meanwhile, The Abu Dhabi Convention Bureau is hosting IBTM Arabia, the leading event for the meetings, incentives, conferences and events, MICE industry in the Mena region, beginning tomorrow.

The three-day event will bring together meetings and events planners from across the globe to connect with MICE suppliers based in the Mena region. It will include planned one-to-one meetings, networking opportunities, a ‘Discovery Day’ and educational sessions delivered by industry experts.

WAM