Investors offered range of new choices from regional and international developers at the capital's largest real estate show
David Dudley, International Director at JLL MENA, said that while the impact of reduced oil prices on the economy will lead to a short-term slowdown in demand, this is occurring at a time of minimal supply completions leading to relatively stable market conditions.
The effect of the recently implemented Regulation of Real Estate Sector in Abu Dhabi (the Property Law) on financing and mortgage enforcement will be one of the core topics discussed at the upcoming Abu Dhabi Market Overview, taking place on the first day of Cityscape Abu Dhabi, which runs from 12-14 April at the Abu Dhabi National Exhibition Centre (ADNEC).
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.
Talal Al Dhiyebi, Chief Development Officer at Aldar Properties, sees Cityscape Abu Dhabi as a prominent forum that provides an opportunity to engage with those at the core of the Aldar business strategy.
Project plans to expand its leasable area by 32% annually over next four years
Group will open new hotels in Ras Al Khaimah, Al Barsha and Business Bay in Q1 2017
Sales almost double, with Dubai Marina emerging as top area