Property developers roll out an array of appealing incentives - GulfToday

Property developers roll out an array of appealing incentives


Visitors review projects at the Cityscape Global in Dubai on Thursday.


Cityscape Global entered its second day on Thursday. The exhibitors are upbeat about the UAE property market.  Gulf Today spoke to various exhibitors.

As part of the strategic partnership between Dubai Land Department (DLD) and the 18th edition of Cityscape Global 2019, which was inaugurated today by Sheikh Ahmed bin Saeed Al Maktoum, President of Dubai Civil Aviation Authority and Chairman and Chief Executive of Emirates Airline and Group, DLD offered a range of applications and services aimed at enhancing transparency in the real estate sector, open up new horizons for investment, and raise awareness of a number of new legislations recently issued for Dubai’s real estate sector.

During the tour of Cityscape, Sheikh Ahmed  was accompanied by  Sultan Butti bin Mejren, Director General of DLD, and  Dawood Al Hajri, Director General of Dubai Municipality. Organising Cityscape this year comes in conjunction with the legislations approved by HH Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai.

Bin Mejren commented: “DLD’s strategic partnership with this edition of Cityscape reflects our belief and mission to promote properties in Dubai as a testament to the evolution of the sector from year to year. This year, Cityscape is gaining increased interest from all relevant parties, including developers, investors, buyers, and representatives of the global media, who are reporting the positive effects on the sector following the issuance of a number of new property legislations in Dubai.  We are confident that our wise leadership aims to provide the sector with the ability to keep pace with the rapid changes, increase reassurance among investors, and provide additional momentum for the growth of the sector.”

Bin Mejren added: “Our platform will be ready to receive the large numbers of expected visitors, who will be provided with extensive information on the new initiatives aimed at making Dubai a global investment hub. We have been keen on integrating all our departments and ensure our high-quality participation to enrich the visitors’ experience as well as provide them with the support and assistance needed to make investment decisions based on transparent data, which guarantees exceptional benefits and better returns than any other option.”

Arada has announced the launch of The Boulevard, a new residential community that forms part of its urban megaproject, Aljada. Located in the edge of the ultra-contemporary East Village district of the city, The Boulevard comprises three apartment blocks, all built within a wealth of amenities and surrounded by lush green landscaping. The nine-storey blocks are located next to Aljada’s main avenue, an elegant tree-lined street complete with shops, restaurants and cafes.

Characterised by distinctive architecture and thoughtful design, these New York-style apartments boast floor-to-ceiling windows offering spectacular panoramic views, alongside hand-selected fixtures and stylish materials offered as standard. Each home also features state-of-the-art Arada Smart Home technology, providing residents with comfort, ease and efficiency.

Sheikh Sultan Bin Ahmed Al Qasimi, Chairman of Arada, said: “We’ve been extremely pleased with the investor and end-user interest we have received in East Village, which is now 85% sold out. The Boulevard represents one of the last opportunities to buy homes in this modern and progressive district. Located close to the Central Hub, a new entertainment and leisure district for the UAE, as well as Aljada’s upcoming business park, we are confident that The Boulevard’s impressive design and amenities will be appreciated by its future residents.”

Sobha Realty, the leading premium real estate developer, has announced  the launch of Creek Vista Reservé, its latest residential tower taking shape in the verdant Sobha Hartland, the eight-million-square-foot luxury freehold master development in Mohammed Bin Rashid Al Maktoum City.

Creek Vista Reservé epitomises Sobha Realty’s vision of re-imagining new-age living through flawless craftsmanship and an intuitive design philosophy that is geared towards creating thriving and sustainable communities. The project is slated for completion by Q1 2023.

Commenting on the announcement, PNC Menon, Founder and Chairman of Sobha Group, said: “The launch of Creek Vista Reservé at Cityscape Global 2019 is testimony to the favourable response Sobha Hartland has received from local and international buyers and reflects the robust investor confidence in our brand and the overall real estate market in Dubai. The largest real estate event in the region is the perfect platform to launch the project’s tallest tower that reflects our passion for perfection and commitment to quality, our brand values and showcases the flawless craftsmanship and attention to detail, which is an inherent in our legacy. We are proud of the positive role that Sobha Realty continues to play in the growth and success of Dubai’s real estate sector.”

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