Visit Cityscape Abu Dhabi on April 12-14 at ADNEC

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Visit Cityscape Abu Dhabi on April 12-14 at ADNEC

58% of UAE consumers choose mortgages and finance payments when considering current and future property investment.

By Staff Report

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Published: Wed 6 Apr 2016, 11:35 AM

Last updated: Wed 6 Apr 2016, 1:40 PM

New regional market research studies have revealed that the growing consumer confidence in the property market combined with a stabilising economy are expected to trigger demand for mortgages in the UAE.

Figures from a new YouGov survey, commissioned ahead of the 10th edition of Cityscape Abu Dhabi, show that 58% of UAE consumers choose mortgages and finance payments when considering current and future property investment.

This preference mirrors borrower confidence in the market as 42% of the survey respondents expect it to remain stable and 40% forecast its growth in the coming 12 months.

The findings suggest that lenders could benefit from loosening the lending restrictions in a bid to attract prospective investors, as regional and international developers prepare for Cityscape Abu Dhabi the UAE capital's leading property event, running from 12-14 April at the Abu Dhabi National Exhibition Centre.

Cityscape Abu Dhabi will celebrate its 10 year and will see new participants such as Emirates Red Crescent (UAE), SAPST (Morocco), Garanti Koza (Turkey) as well as returning organisations including Aldar Properties, DMA, UPC, Eagle Hills Properties, Tourism Development & Investment Company (TDIC), Bloom Properties, Masdar, Manazel, Eshraq, Wahat al Zaweya and Mubadala.

With hundreds of developments from Abu Dhabi and overseas being showcased, Cityscape Abu Dhabi 2016 is the home of real estate investment for the residential, retail, hospitality and commercial sectors.

If you're thinking about buying a new house or investing on property, make sure to visit Cityscape Abu Dhabi from 12-14 April at ADNEC. To view a snapshot of projects being showcased at the event - click here.

Plan your tip in advance, register online now in order to avoid queues onsite.

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