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Top 5 projects to look out for at Cityscape 2018

The Cityscape Global Conference returns on 1 October 2018 at the InterContinental Dubai, Festival City, with a stellar programme of topics and speakers covering the full spectrum of real estate development. This exclusive event welcomed over 1200 participants in 2017, 51% of whom were C-level. The Conference encompasses three distinct programs: Investment and Development Market OverviewArchitecture and Design and, newly added for the 2018 edition, The Built Environment. Sessions are comprised of official keynotes, exclusive reports, expert panel discussions and case studies.

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Where to buy property in Dubai?

There are several common expressions in real estate. Location, location, location; home values always go up over time; our home is a good investment. They are some of the most often heard idioms. If we break down the Dubai real estate market into submarkets, we will notice that nowadays the properties are being classified based on hedonic attributes, such as: quality, views, age, facilities, amenities, etc., and that once very popular areas like Dubai Marina, JLT or JBR have bottomed out in the past 4 years. So, with the Dubai real estate market having reached maturity, there is one question arising: where to buy, and most important why?

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Would you buy a property in Dubai if you had a 10-year visa?

UAE Cabinet has recently taken a major decision to provide a long-term 10-year residency (not employment) visa for high-end professionals working in specialized fields, such as medicine, engineering, research, science and other technical fields, as well as exceptional students. Moreover, the owners of companies in the UAE will be able to hold 100% ownership, without the requirement of a local sponsor. The move came as an important step to make UAE a less transient country, just as HRH Sheikh Mohammed explained:

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What is Dubai South and where should you invest?

Branded “The City of You”, Dubai South is an ambitious project started under the vision of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai. Emerging as one of Dubai’s flagships project, Dubai South has quickly become a central hub for major investments, both privately owned and governmental. The entire south area of Dubai is currently being developed around the individual’s happiness, thus incorporating a unique concept.

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Why UAE is at least 50 years ahead from the rest of the world!

Dubai has recently hosted the Annual Meeting of the Global Future Councils, bringing together 700 experts from future-facing technologies, embracing HH Sheikh Mohammed bin Rashid Al Maktoum’s aim to be a leader at the forefront of the Fourth Industrial Revolution. Web Economic Forum has shown in a recent report why UAE is turning this vision into a reality, placing itself as not only a groundbreaker, but a pioneer in the latest technology advancements.

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Real Estate and the 2020 ‘movement’

According to the World Bank rakings, UAE occupies the first place in the MENA region in terms of doing business, and the 26th place in the world, overpassing countries like Japan or France. On the other hand, it comes to no surprise that UAE ranked first in terms of paying taxes, being renowned for its tax-free environment. With its numerous free zones, excellent infrastructure, governmental aid, strategic location and safe transportation, UAE has scored far ahead from its neighbors Bahrain (63), Oman (66), Qatar (83), Saudi Arabia (94) and Kuwait (102).

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