Developers aim to accelerate property investment as Cityscape 2022 opens in Dubai

  • Date: 21-Nov-2022
  • Source: Gulf News
  • Sector:Real Estate
  • Country:UAE
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Developers aim to accelerate property investment as Cityscape 2022 opens in Dubai

Developers in the UAE are shifting their strategy to accelerate local investment into several upcoming family-centric residential communities. Moreover, development enterprises are also focused on providing practical support to help prospective homebuyers make informed decisions before buying their first home in the UAE. Along with an increased focus on keeping sustainability at the forefront while developing new communities, these were some of the top trends in discussion at the 22nd edition of Cityscape Dubai, one of the largest real estate and investment events in the region. On Monday, top development enterprises, including Sobha Realty, Dubai Investments and ARADA, launched several new-to-market projects at the exhibition. Sobha uncovered its latest project – the ‘Sobha One’ Tower – a residential complex composed of five interconnected towers. The skyscraper will be home to one-to-four-bedroom apartments and two-to-four-bedroom duplexes. It features several upscale amenities, including an 18-hole pitch and putts golf course, polyclinic, F&B outlets, and multiple sky terraces in the project, explained Francis Alfred, Managing Director of Sobha Realty. Azizi Developments also showcased several projects, including Riviera, the developer’s French Mediterranean-inspired residential and commercial community in Mohammed bin Rashid City. The developer also unveiled Creek Views II, located in Dubai Healthcare City. Dubai’s