Cityscape Abu Dhabi has confirmed the participation of more than 130 local and international exhibitors at Abu Dhabi's largest real estate show, which will take place from April 21-23, 2015 at the Abu Dhabi National Exhibition Center (ADNEC). More than 18,000 square meters of exhibition space has been allocated to exhibitors and participants, contributing to the steady growth of the real estate market in the UAE as a whole.
Wouter Mol said <Wouter Mühlmann, Group Director of Cityscape at Informa Exhibitions, organizer of Cityscape Abu Dhabi, said: “Last year's edition of Cityscape Abu Dhabi improved significantly with over 17,000 visitors attending the three days of the show, a year-on-year increase of 15%. This year, we expect to grow by more than 15% again, especially since the number of registered exhibitors is higher than previous editions, which will prompt us to add a new hall to the show.”
Muhlmann said. Moolman expects the show to receive visitors from across the GCC, noting that consumer confidence is on the rise and that dozens of leading real estate developers are preparing to participate in the ninth edition of Cityscape Abu Dhabi, in addition to major real estate developers and banks in the capital. The show will see new participants, most notably Eagle Hill Properties, and the return of some major companies influential in the sector such as Aldar Properties, Tourism Development and Investment Company, Al Fursan, Bloom Properties, Manazel, Mubadala, Reem Development and TMKN.
Among the exhibitors at Cityscape Abu Dhabi. Exhibitors participating in this year's edition include platinum sponsor Zawya Oasis, official VIP sponsor Ejada Asset Management Group, and a number of elite real estate developers from Turkey, Jordan, Russia, the United Kingdom and the United States.
According to the report. <According to JLL's Abu Dhabi real estate market report for the fourth quarter of 2014, rental prices will continue to rise at the same pace in 2015, especially in light of the remarkable growth in demand for residential units due to the shortage in all categories, which favors investors and buyers who are able to take advantage of the low interest rates on home loans, which are estimated at only 2%. It is expected that 2015 will witness the beginning of the real maturity of the real estate market in the emirate, and construction activities will return to its previous level, thanks to the renaissance in real estate development and infrastructure projects.“
<On the first day of the show (April 21), the ”Abu Dhabi Market Outlook Seminar” will be held in collaboration with JLL, following the success of its first edition last year. The half-day seminar will discuss the latest trends and initiatives in the emirate, including future development projects and new laws and legislation expected to be enacted to regulate and develop the real estate market.
The seminar will be held on the first day of the show (April 21) in collaboration with JLL.
