With the region’s largest real estate and investment event, Cityscape Global, set to kick off tomorrow (September 25), prominent developers are gearing up with special offers to entice prospective buyers to invest in their properties, said the organisers.
Running until September 27 at the Dubai World Trade Centre (DWTC), the exhibition floor will be host individual investors, industry professionals and representatives from big name exhibitors from the likes of Nakheel, Arada, Azizi and Tilal Properties.
As well as announcing a slew of new developments which will hit the market in the near future, exhibitors will also offer exclusive payment plans and waive administration fees for visitors of the three-day property show, stated the organisers.
Dubai master developer, Nakheel, will offer a number of deals across their residential projects in Al Furjan, Azure Residences - Palm Jumeirah, Nad Al Sheba Villas, The Palm Tower - Palm Jumeirah and Dragon Towers - Dragon City.
The units available on site at Cityscape Global for these projects will range from luxury ready-to-occupy apartments, townhouses and villas to off-plan studio, one- and two-bedroom apartments.
*Al Furjan: Various offers including low deposits, free DLD registration; up to 2 years’ service charge waiver; up to 2 years’ free membership of Al Furjan Club. Prices for ready to occupy Townhouses start from Dh2.2 million, Villas from Dh3.1 million
*Azure Residences: Various offers including low deposits, free DLD registration; 5 years’ service charge waiver; 2 years’ Clubhouse membership. Prices for ready to occupy 1-bed apartments start from Dh1.3 million, 2-bed apartments from Dh2.2million
*Nad Al Sheba Villas: Various offers including 2 per cent DLD registration. Prices for ready to occupy 4-bedroom villas start from Dh3.2 million, 5-bedroom villas from Dh3.5 million
*The Palm Tower: All with low deposits, 7-year payment plans, 5 years’ service charge waiver and free DLD registration. Prices for Studios start from Dh1.7 million, 1-bedroom apartments from Dh3 million, 2-bedroom apartments from Dh8.8 million
*Dragon Towers: All with low deposits, 5-year payment plan and 2 per cent DLD registration. Prices for 1-bedroom apartments start from Dh440,000, 2-bedroom apartments from Dh670,000
Abu Dhabi-based exhibitor, Aldar will be out in full force with a variety of offers on their residential developments which include Nareel, Jawaher, Yas Acres, Alghadeer, Ansam, Meera, The Bridges, Reflection, Lea, and Mamsha Alsaadiyat. Available from 19th September, investors and buyers in attendance at Cityscape Global can take advantage of the following deals:
Onsite deals: ‘The Perfect 10’. Offers on 10 prime residential developments, 10% discount on unit prices, 10 years free of service charges, 10 years free home maintenance, 10 years Yas theme parks membership, zero registration fees, offer available for ten days only.
Sharjah developer Arada will have offers on two of its mega projects: Nasma Residences and Aljada. The former has been touted as Sharjah’s fastest-selling community, featuring over 900 villas and townhouses, and the developer is beginning to hand over homes in its second phase.
Aljada is a master-planned, all-encompassing district which will offer retail, leisure and entertainment options as well as a wide range of residential and commercial spaces. Construction on this Dh24 billion mega-project is already underway and the first homes are scheduled for handover in the first quarter of 2020.
*Nasma Residences: No service charge for life on the purchase of any home. Prices on villas and townhouses start from Dh899,000.
*Aljada: 10% guaranteed return on investment for 10 years for units within Nest, the student housing complex. Prices start from Dh279,000 for homes in East Village.
International developer Azizi Developments will exhibit several of its projects, including Mina and Riviera. The former is located on the East Crescent of Palm Jumeirah, and offers a waterfront location, private beach access and panoramic views of the city’s skyline. The finished project will contain 120 one- bedroom, 54 two- bedroom and four penthouse properties.
The latter is Azizi’s waterfront property in Meydan, Riviera, and will be front and centre during Cityscape Global. The large-scale master-planned community project will comprise studios, one, two and three bedroom units across 71 mid-rise buildings, boasting a canal walk, a retail boulevard and Les Jardins, a vast lush-green social space.
Azizi will also exhibit properties across the strategically located Al Furjan, Dubai Healthcare City, Jebel Ali and much more. Offers will include service charge waivers, outstanding post handover payment plans and 7% guaranteed ROI.
Onsite deals: Waiving service charges on all amenities. 7% guaranteed ROI.
Offering one of the first multi-use freehold projects in Sharjah, Tilal’s 25 million sqft urban community, Tilal City, will give the opportunity to purchase land for housing and investment purposes.
The Dh2.4 billion project is spread over five key areas, including residential buildings plots, villas plots and homes with green spaces and corridors and will accommodate 65,000 residents once completed.
Onsite deals: Dh250,000 discount for cash payers during the three days of Cityscape & 7% discount with 24 months payment plan
Key One Group
A first time exhibitor, Key One group will bring in its 20-storey tower project, Burj Pacific, to the expo. The development offers one-, two- and three-bedroom apartments in the Burj Khalifa District with 60% of all units overlooking the iconic tower.
Onsite deals: 4% DLD waver, 1 Year free property management from Key One.
Chris Speller, Group Director of Cityscape, said: “The invited investors from Europe, Asia and the U.S. will be looking to source new avenues of growth in the UAE and region and will have access to a global pool of local, regional and international exhibitors to diversify their portfolio projects in an uninterrupted environment."
The overseas investors will complement Cityscape Global’s annual appeal to Middle East investors.
“Regional investors alone are estimated to have spent $15 billion on global real estate during the last year, as demand for international property across residential, commercial, hospitality and industrial sectors continues to rise giving way to a more confident and mature investor,” said Speller.
“The UK, Europe, US and the Middle East region remain firm favourites for outbound residential and commercial investment, leading many to source these investments directly at Cityscape Global,” he added.
Renowned as ‘The Gateway to Real Estate Investment’ the show will see prime developers reveal their latest residential developments to both investors and prospective home buyers.
“The consumer market is now as important as the B2B sector with home hunters able at the show to compare projects, prices, regions and amenities and have trusted conversations with experts to ensure a smooth buying process,” added Speller.-TradeArabia News Service