Schools continued distance learning during the rains and in the aftermath of flooding to safeguard the well-being of students, staff
The region's largest real estate and investment event, which concluded on September 13, saw the introduction of on-site sales for all UAE projects, and hosted hundreds of prominent local and international companies offering an array of exclusive deals.
Tom Rhodes, Exhibition Director for Cityscape Global said: "It was encouraging to see such an influx of participants this year, and with the number of deals being made on-site, and it was evident to see that the attractive offers, and flexible payment plans being promoted by exhibitors appealed to all visitors at the show."
Informa, the event organisers, noted that 66 per cent of the surveyed visitors stated they intend to make a purchase or do businesses with a company onsite, while exhibitors were expected to generate on average Dh22 million as a result of participating in the event.
Property Monitor, the UAE's leading real estate intelligence platform and the show's data partner, cited a further 617 registered off-plan sales in the week following Cityscape Global, demonstrating the event's impact in the real estate industry.
Lynnette Abad, Partner and Head of Property Monitor said: "It's important to note that with both the registered DLD transactions during the show as well as the week after the event, off-plan sales for apartments outnumbered those for townhouses and villas.
Additionally, Aldar's 'Water's Edge' project generated $109m (Dh400m) in sales the first phase, citing that more units of the $653.4m (Dh2.4bn) development will be available in the near future.
The show witnessed a host of new project launches and masterplan unveilings from major developers such as Nakheel's Dh4 billion worth of developments; Union Properties' Dh8 billion masterplan for MotorCity; and Deyaar's Dh1b South Bay in Business Bay.
Schools continued distance learning during the rains and in the aftermath of flooding to safeguard the well-being of students, staff
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