Meanwhile the National Investment Corporation, set up to develop Abu Dhabi’s Breakwater area, has described the UAE property market as “dynamic” as it prepares to showcase luxury waterfront homes available exclusively to UAE nationals.
The main focus of the National Investment Corporation at Cityscape Abu Dhabi will be on Fairmont Marina Residences, offering 249 serviced and fully furnished apartments, and Marina Sunset Bay, featuring 67 luxurious waterfront villas, both exclusively for UAE nationals.
“The real estate market in the UAE has proven to be a solid sector and the stability it is currently experiencing will continue to attract investors,” said Clairie Menelaou, Senior Investment Analyst at NIC.
With investors now more astute and demanding, developers are being forced to adapt to win them over. As an example of this, Banke International Properties is now offering post-handover payment plans for two Dubai developments which are being showcased at Cityscape Abu Dhabi - AG Tower in Business Bay and Cassia The Fields at Meydan.
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, the show will see the return of the Cityscape Abu Dhabi Conference featuring a range of unique topics and speakers providing valuable insight into the capital’s real estate market.
Frank Wiesse, Director, Drees & Sommer, Middle East and Lynette Abad, Partner, Property Monitor are just two of the industry experts gearing up to speak at the new Cityscape Talks this year, which will provide visitors and exhibitors alike with live content direct from the show floor, as well as industry sessions focusing on key themes for real estate brokers, architects, engineers and other professionals.
Bringing together investors, developers, government officials and real estate professionals alike, the UAE capital’s largest and most influential property investment and development event is gearing up for a successful edition, with international developers attending the show from more than ten different countries.