Cityscape Global sees 30% growth in exhibition space as real estate market stabilizes

The continued confidence in Dubai’s maturing real estate market has been underlined by a 30% increase in exhibitors at the Middle East’s largest property showcase, Cityscape Global.
While the 14th edition of the event prepares to host more than 300 exhibitors in a significantly expanded exhibition arena, global property experts, JLL’s Q1 2015 residential market overview has reported the delivery of approximately 730 residential units across Dubai.
An additional 22,000 residential units are expected to enter the market by the end of 2015, another 13,000 units in 2016 and 10,000 units in 2017, reinforcing the sentiment that the UAE’s real estate sector is continuing to grow at a sustainable rate as the demand for housing rises.
According to JLL, a combination of governmental regulatory changes implemented in the last year across the region has ensured market conditions in the residential sector remain stable.
Further highlighting the positive nature of the market, organisers of Cityscape Global, which takes place from 8-10 September at the Dubai World Trade Centre, confirmed today that the event has been extended by two additional exhibition halls – four more halls since the 2013 event – covering more than 40,000sqm of exhibition space.
Headline exhibitors returning for 2015 include Emaar, Dubai Properties, Dubai World Central, Meydan, Meraas and Nakheel while first-time exhibitors include Kleindienst Group, DMCC and Al Barari.
Cityscape Global is the annual meeting point for key real estate investors, developers, investment promotion authorities, architects, designers and other real estate professionals to drive growth in real estate investment and development across emerging markets globally.
Also new to Cityscape Global is a complete overhaul of the co-located conferences, now taking place the day before the exhibition, the dedicated convention will bring together more than 800 senior real estate professionals who will explore opportunities and find solutions to key challenges affecting the industry today.
The Facilities Management conference, jointly organised with Middle East Facilities Management Association (MEFMA), and the Real Estate Brokers will run alongside the ‘Dubai Market Overview’ on September 7 at the Conrad Hotel, Dubai.
Also running in tandem with the exhibition is the Cityscape Awards for Emerging Markets. The awards programme attracts hundreds of entries from developers and architects behind real estate developments across emerging markets globally. Winners will be announced at an elaborate ceremony taking place at the Conrad Hotel, Dubai on 8 September.
Source: Cityscape Global