Cityscape Global Conference in progress.
Exhibitors at Cityscape Abu Dhabi, the UAE capital’s leading property investment and development event, have identified the emirate’s emerging trend for affordable luxury housing to solve a prevailing disconnect between developer preferences and buyer demand.
Cityscape Global entered its second day on Thursday. The exhibitors are upbeat about the UAE property market. Gulf Today spoke to various exhibitors.
Dubai Land Department (DLD) continues to showcase its presence through its stand at Cityscape Global 2019, currently being hosted by Dubai.
The International Monetary Fund (IMF) on Friday slashed its US economic growth forecast as aggressive Federal Reserve interest rate hikes cool demand but predicted that the United States would “narrowly” avoid a recession.
Dubai has recorded 2,624 real estate and properties transactions at a value of Dhs 8 billion in total during the week ending 24th June 2022. The DLD report said that 274 plots were sold for Dhs1.15 billion,
Saeed Mohammed Al Tayer, MD & CEO of Dubai Electricity and Water Authority (Dewa) and Chairman of Enoc and Dragon Oil, Mikayil Jabbarov, the Minister of Economy