They emphasized that "Expo 2020 Dubai" gave impetus to the "Expo" and helped them reach wider categories of investors.

Cityscape participants: Dubai real estate returns to pre-pandemic levels

Al Tayer during the opening of the exceptional edition of "Cityscape" exhibition.

From the source

Cityscape 2021, which kicked off in attendance at the Expo 2020 Dubai site, witnessed a huge turnout of visitors, to learn about real estate investment opportunities.

Participants told "Emirates Today" that the current session of the exhibition is exceptional by all standards, as it is being held for the first time at the World Expo hosted by Dubai, and confirms the return of the real estate market in the emirate to pre-pandemic levels, after it has overcome its repercussions and recovered from Its effects, noting that the synchronization of “Cityscape” with “Expo 2020”, gave impetus to the exhibition, and helped developers reach wider categories of investors.

Opening

In detail, Mattar Al Tayer, Commissioner-General of Infrastructure, Urban Planning and Quality of Life, Chairman of the Supreme Committee for Urban Planning in Dubai, inaugurated the exceptional edition of the 21st edition of the Cityscape Global Exhibition, yesterday, which will continue until tomorrow at the Dubai Exhibition Center at the Expo site. 2020 Dubai”, in the presence of the Director General of the Dubai Land Department, Sultan Butti bin Mejren, and a number of executive directors.

huge turnout

On its first day, the global event witnessed a heavy turnout from Expo 2020 Dubai visitors, who learned about the investment opportunities offered by Cityscape, which were characterized by diversity and suitability for different categories of investors and those interested in the real estate sector and their needs, whether they are residents or international visitors.

More than 70 real estate developers, architecture firms and leading consultancy firms in the world present the latest real estate market opportunities and exceptional services, in “Cityscape”, which is a unique and comprehensive platform that allows investors, developers, and various stakeholders to meet In one place, exchanging knowledge and experiences, as well as attracting local and international investors looking for properties that meet their needs.

recover

The Vice President of Sales at Deyaar Real Estate Company, Nasser Al-Din Ali Amer, said that this year's session of the "Cityscape" exhibition is an exceptional one by all standards, stressing that the real estate market in Dubai is witnessing a great recovery.

He added that "Cityscape" constitutes a unique platform, offering qualitative investment opportunities, in conjunction with "Expo 2020 Dubai", which attracts thousands of visitors and investors from around the world, and confirms the return of normal life to the real estate market in Dubai, after the repercussions of the pandemic and its recovery have been overcome. of its effects.

Amer continued, "We have already witnessed a wide response from international and local investors looking for quality properties, with studied prices, in order to establish the level of confidence in the quality of projects offered by Dubai."

Enable

For his part, Chairman of the Board of Directors of Ras Al Khaimah Real Estate Company, Abdulaziz Abdullah Al Zaabi, said that holding the “Cityscape 2021” exhibition at the Dubai Exhibition Center at the site of “Expo 2020 Dubai” puts the local real estate sector at the center of the world’s attention, by enabling real estate developers to Reaching wider and larger categories of participating investors and visitors to the largest exhibition hosted by the UAE so far.

He added that organizing "Cityscape" in attendance, confirms the return of the real estate market in Dubai to its normal and rates before the pandemic, after it recovered from its repercussions.

Quick response

In turn, the founder of AHS Group, Abbas Sajwani, which is the parent group of AHS Real Estate, which announced the start of its business in the Dubai market yesterday, said that the rapid response and successful solutions taken by the UAE in the face of the pandemic, contributed Significantly in attracting the richest investors in the world, who continue to come to the emirate to buy the most expensive real estate in vital locations, including "Palm Jumeirah" and "Jumeirah Bay".

Sajwani indicated that the launch of the company came at an ideal time for the Emirate of Dubai, which welcomes millions of visitors from all over the world at the Expo 2020 Dubai, after it has overcome the effects of the pandemic, which contributed to an increase in the number of final buyers of wealth, who are looking to move To Dubai and live in it, which would boost the demand for luxury real estate.

Classification of 150,000 properties in Dubai

The Executive Director of the Registration and Real Estate Services Sector at the Dubai Land Department, Majed Saqr Al-Marri, said that the emirate is among the top 10 cities in the world in the field of real estate registration, according to the Doing Business report issued by the World Bank.

Al-Marri added, in a press statement on the sidelines of the participation in Cityscape 2021, that the department has completed the survey and classification of 150,000 properties in the emirate, as part of the field survey project launched in 2015.

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