More than $ 816 billion or three trillion, experts and specialists estimated the value of real estate projects currently on display at Cityscape Global 2016 at the Dubai World Trade Center, which continues until tomorrow, Thursday.
More than $ 816 billion or three trillion.
This edition of the exhibition has witnessed since yesterday a sharp competition between real estate development companies, especially the UAE, which preceded the exhibition by launching huge projects, most notably the “Jumeirah Central” project, which costs about 20 billion dollars, and projects belonging to "Nakheel" and others.
The "Dubai Holding" company revealed the “Jumeirah Central” project announced by Sheikh Mohammed bin Rashid Al Maktoum, Ruler of Dubai, which aims to be the most advanced and balanced future city, urban, environmental and social balance, the investment cost of the ”Jumeirah Central“ project is 73 billion dirhams (20 billion dollars) and is one of the mega projects being completed over 20 years, the project includes 11 thousand residential units and 40 entertainment destinations, and is preparing to receive 100 million visitors.
Nakheel Properties announced the Palm 360 mixed-use residential-hotel towers project with a total building area of 1.3 million square feet of 500,000 square feet, and the project is expected to be delivered in mid-2020.
Nakheel Properties announced the Palm 360 mixed-use residential-hotel towers project with a total building area of 1.3 million square feet, with an expected delivery date of mid-2020.
The first day of the event will witness the presentation of some of the most prominent real estate projects, most notably Emaar Properties” new project “The Tower” on Dubai Creek, where the company's new skyscraper designed by Spanish-Swedish architect Santiago Calatrava is located at the heart of a 6 square kilometer integrated community project overlooking Dubai Creek.
The first day of the event will witness the presentation of a range of prominent real estate projects.
Emaar Properties yesterday unveiled its new project, Emaar South, located within Dubai South, one of the most anticipated destinations in the city in the future on an area of approximately 7 square kilometers and the investment value of the project, according to experts and specialists, ranges between 10 and 15 billion dirhams.
Emaar Properties unveiled its new project, Emaar South, which is considered one of the most anticipated destinations in the city.
It is worth mentioning that Cityscape Global is held with the support of the Dubai Land Department and the founding partners from major real estate development companies in Dubai, and will continue until September 8th.
