The Middle East’s largest property trade show has recorded a 30 percent increase in exhibitors since last year, its organisers claimed on Monday.
The 14 edition of Cityscape Global takes place at Dubai World Trade Centre on 8-10 September 2015.
The show is preparing to host more than 300 exhibitors in an expanded exhibition space, representing 30 percent growth since last year’s event.
Cityscape Global has been extended by two exhibition halls – four more halls since the 2013 event and covering more than 40,000 sq m of 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, Majid Al Futtaim and Al Barari.
Organisers Cityscape Group said the show welcomed more than 47,000 participants in 2014 – a 42 percent increase year-on-year.
It attributed ongoing growth to increasing confidence in Dubai’s maturing real estate market. Property agency JLL’s market analysis for the first quarter of 2015 revealed that approximately 730 residential units were delivered across Dubai during the period, and an additional 22,000 residential units are expected to enter the market by the end of 2015.
A further 13,000 units are expected to be delivered in 2016 and an additional 10,000 in 2017, supporting reports from real estate experts that the UAE’s real estate sector is continuing to grow at a sustainable rate as demand for housing rises.
Cityscape Group director Wouter Molman said: “The demand for exhibition space has been remarkable and, as such, we have increased the floor area and adjusted the layout to ensure visitors can conveniently navigate their way around the venue.
“The need to add two additional halls this year has stemmed from both new exhibitors as well as previous exhibitors requesting larger stands to accommodate their existing and new projects.
“In 2014 we welcomed more than 47,000 participants; a 42% year-on-year increase. With Cityscape Global set to be the largest it has been for six years, we expect a very strong turnout of visitors from all over the world, as they look to maximise their investment potential in this lucrative market.”
Simon Azzam, chief executive of Majid Al Futtaim Properties’ Communities Business Unit, added: “Today’s modern families want to live in sustainable living environments designed for life-long value, where owners, residents and tenants will feel the added value.”
Cityscape Global 2015 is sponsored by Foundation Partners, Emaar Properties, Dubai Properties and Nakheel, Gold Sponsor, Arma Properties, Project Marketing Sponsor, Aqua Properties and Property Registration Trustee Partner, and Tamleek Property Transfer.