Cityscape Global is the annual barometer for the real estate industry in emerging markets and is one of the largest and most influential real estate events held globally. The event supports real estate growth worldwide to an international audience, highlighting iconic architecture, significant developments and unparalleled investment opportunities.

Boosted by a year on year increase of 25% for visitors during its first two days, Cityscape Global has been the catalyst for a 186% increase in registered Dubai Land Department transactions of off-plan units, while big name developers have recorded overwhelmingly positive sentiment from investors driven by onsite sales.

HH Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, the Crown Prince of Dubai made an appearance on day 1 of Cityscape Global.

On the first day of Cityscape Global this year (11 September 2017) a total of 107 off-plan units were transferred, whereas on the first day of Cityscape Global in 2016, only 36 off-plan units sold. Lynnette Abad, head of Property Monitor at Cavendish Maxwell, says that “due to the winning combination of low price point and attractive payment plan, developers have managed to lure the investor back into the market and have opened up the doors to first time buyers who couldn’t avoid to buy property before.” Individual investors have also made up a large proportion of attendees at this year’s Cityscape. “This year we have seen a lot of individual investors interested in more of an in-depth analysis on the market, something which we are providing through Property Monitor.”

Manika Dhama, senior consultant at Cavendish Maxwell adds seasoned investors, who own assets in the area, are looking to analyse the best development solutions for their land parcels.

Cavendish Maxwell is a highly respected independent firm of chartered surveyors and property consultants, focusing on property services throughout the Middle East and Africa.

For more information, email Cavendish Maxwell via the contact details below.

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