Thursday , January 18 2018

Cityscape Abu Dhabi sees $ blns launches

Abu Dhabi – Featured by Abdel Rahman El-Naimi

Several participating companies and experts in the Cityscape Abu Dhabi said the emirate has enjoyed strong potentials at different levels. Abu Dhabi has bolstered its presence as one of the most prominent tourism, residence and stay destination in the world, as enjoying fantastic climate, security environment, advanced infrastructure and perfect arena for business, the event participants added.

Abu Dhabi world center for tourism &business

The participating companies also pointed out that Abu Dhabi will continue to be an international center for tourism and business due over its great potentials as well as security and stability.

Number of the capital Hotels’ marketing and sales managers highlighted the conferences and exhibitions tourism, which Abu Dhabi has recently managed to lure, as one of the most significant type of the international tourism. Abu Dhabi agenda is full of conferences and fairs all over the year, main factor for activating tourism and increasing the occupancy rates in hotels, in addition to the impact of those international, regional and local level fairs on enhancing the promotional advantages.

Tourism hub for investments

Abu Dhabi Cityscape grows steadily year on year, and contributes in promoting the emirate as station for several international and regional investments, and a stay for several giant project set to open soon.

They stressed the influence of “Cityscape” will go beyond merely hotel occupancy during the period of the event, to prolonged periods of accommodation, as many of the exhibition visitors are expected to show up again to follow on the deals.

Developmental projects to unveil

The conferences’ tourism, and incentives have attracted high rates of tourism, because Abu Dhabi enjoys the characteristics needed in that regard, said the exhibition participants, predicting that the tourism share of the conferences and exhibitions will be doubled following the implementation of the tourism and the real-estate projects underway in the emirate.

They also expressed their confidence in the officials’ supervising the tourism and the real estate sector in the country. Those officials spare no efforts to revive those sectors, via launching several developmental projects and following the works of the real estate developing companies.

The country has paid much attention for applying the Abu Dhabi 2030 prolonged strategic plans because of the importance ofthose projects’ strategies in determining the current and future requirements of facilities and infrastructure.

The 10th edition of Cityscape Abu Dhabi, held at Abu Dhabi National Exhibition Centre, will witness launching group of special projects in hospitality, retail, residential and commercial sectors.

Yas Acres project kicks off

Aldar Properties took center stage with its launch of Yas Acres, a new residential, hospitality and leisure development that will be established on Abu Dhabi’s Yas Island. The 1,300-villas project was showcased on huge screens, and enjoyed interests of the exhibition visitors.

TalalDhiybi, chief development officer at Aldar Properties said: “We’ve seen tremendous interest in Yas Acres on the first day of Cityscape. From people looking at the three bedroom townhouses to those considering the six-bedroom Royal Oak villas we’ve been hearing that Yas Acres is appealing for its desirable location and great luxury lifestyle amenities.”

Eye on new projects

Middle East investors were joined by those from Georgia, Turkey, the UK and more, who filled the halls of the capital’s premier real estate event eager to find out about new projects and benefit from the exclusive offers on many of the developments which are on sale directly on the show floor.

During the show’s VIP opening, Eagle Hills, in partnership with The Address Hotel + Resorts launched “The Address Fujairah Resort”. The project is a unique multi-used leisure and lifestyle development in the Northern Emirates comprising 197 residential units and 20 villas adorned by a luxurious promenade overlooking a beach access and plaza.

Mubadala projects

Mubadala has unveiled the expansion of their projects at Al Maryah Island, one of the most enticing business and lifestyle destinations in the capital. Launching in May this year, the capital’s first Four Seasons Hotel Abu Dhabi at Al Maryah Island, spanning luxurious residential units and properties, is bound to attract more international, regional and local visitors to Abu Dhabi

At the retail sector, the UAE capital is prepared to welcome its first international Macy’s department store and Bloomingdale’s at Al Maryah Central as Mubadala announced the construction work on the 2.3 million-square-feet of retail space had commenced and is scheduled to open in 2018.

Also attracted attention in the exhibition was Green Lane, freehold land for sale in Liverpool, UK offered at premium rates exclusively to Cityscape Abu Dhabi visitors by Trafalgar Properties.

“Taking part in prime and big established exhibitions as Cityscape Abu Dhabi enables us to present the company and its projects in real time,” said Ali Kazmi, sales manager – Land Division, Trafalgar Properties.

“With over 30 years of experience in land development in the UK, we are experts in this niche product in the market, historically the most valuable asset in the world. In three to five years’ time, investors can get a full benefit of its price uplift, with an overall 12 per cent annual capital appreciation. Former sites with granted planning approvals have their prices increased by 16 folds. It is an incredible investment,” Kazmi added.

Remarkable turnout

Carlo Schembri, exhibition manager at “Informa Middle East for Exhibitions”, the organizers of Cityscape Abu Dhabi, said “The turnout from local and international investors has been remarkable and we have seen a number of impressive announcements of real estate products from both UAE and global exhibitors.

The Cityscape Abu Dhabi conferences and exhibitions have become a must-attend event for regional and international investors, and we are thrilled to have witnessed new landmark projects that contribute to both Abu Dhabi Vision 2030, and the overall development of the UAE’s real estate market.

Enticing demand, activities in real estate markets

Mohammed Bin Thaaloob Al Derei, Chairman of Al Qudra Holding, said, “The Cityscape Abu Dhabi” 2016 exhibition has seen high level organization and remarkable turnout, reflecting demand power and increasing activities of the real estate market in Abu Dhabi.”

“Al Qudra pavilion was a key station for different visitors, who expressed their admiration for the showcased projectsthat meet their needs and demands. We are committed as national leading company to participate in creating wider investment horizon in different fields. We seek via our projects, including Sadu Towers, to maintain the UAE historical heritage.”

New-defined Projects

Al Qudra administration said it is working on developing and delivering high quality projects of international design and location standards. We constructed Sadu Towers in Abu Dhabi in line with our commitment to contributing to the future vision of the real estate investment in the emirate. Also, Al Ain city was chosen to establish Ain Al Fayda Lakes and Al Nasseem” projects, as one of the beautiful natural locations in that match the strategic vision of Al Qurdaresidential real estate ability to develop independent residential and sustainable complexes, which featured in its designs, modernity and wellbeing as well as preserving the quite life style and the UAE cultural features.

Newest developmental projects

Ali Majed Al Mansoori, the board chairman of the Tourism Development and Investment Company (TDIC), said “the visitors of TDIC pavilion enjoyed the opportunity of finding out the most recent developmental projects comprising number of elite residential projects in Abu Dhabia and Saadiyat Island that has become an increasingly appealing destination for residents, tourists and investors.

“Potential investors and homeowners will be given the opportunity to register their interest for the upcoming sale of Lagoons Saadiyat,” His Excellency Al Mansoori added.

Visitors will receive updated information on the current developments taking place on Saadiyat, including the internationally-anticipated Louvre Abu Dhabi, in addition to a taste of Louvre Abu Dhabi’s famous rain of light effect through light simulation, TDIC’s board chairman added.

Protecting investors, developers interests

Al Mansoori reiterated since issuance of the new property law, the TDIC, the master developer of major tourism, cultural and residential destinations in Abu Dhabi, has welcomed the new rules and regulations pertaining to the new property law, and called for applying it for its role in protecting the interests for investors and developers working in the essential sector.

That law will serve in pushing forward the real estate sector cycle as boosting transparency, confidence in the real estate market, in addition to increase the investors’ numbers whether from the UAE, the region and the whole world.

Culture attractions, leisure developments

The appeal of Saadiyat today is due to the exclusive lifestyle that the island offers through its leisure, cultural and tourism developments, as well as what it offers its residential community through a superb mix of luxury villas, high-end townhouses and elite apartments. To date, TDIC has developed a range of high-end properties on Saadiyat including the Saadiyat Beach Residences and the Saadiyat Beach Villas.

All these residential properties enjoy a prime location next door to a collection of international five-star resorts, such as the St. Regis Saadiyat Island Resort and the Park Hyatt Abu Dhabi. The island’s top-class leisure and sport developments– such as Saadiyat Beach Golf Club, the Saadiyat Beach Club, and the upcoming Louvre Abu Dhabi – have turned Saadiyat into one of the most attractive residential addresses in Abu Dhabi.


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