The UAE capital’s property developers will get a
sneak preview of all real estate offerings from Dubai World Central
(DWC), the 140 square kilometre $33bn urban land project taking shape
in Dubai, during Cityscape Abu Dhabi 2008 - the international property
investment and development event taking place between 13-15 May at Abu
Dhabi National Exhibition Centre.
The annual networking exhibition focusing on all aspects of the
property development cycle is a key event for DWC’s property portfolio
showcase as the city-within-a-city expands its sales horizon.
Khalid bin Harib, CEO, DWC Real Estate said:
“Dubai World Central Real Estate has something to offer
every regional and international investor, property developer, leading
architects and designers from Abu Dhabi and around the world. While the
8.6 square kilometre DWC Residential City provides housing for the
mid-income segment, the 14.5 square kilometre huge DWC Commercial City
has a mixed-use commercial, business and residential development. The
15.8 square kilometre DWC Golf City is aimed at the premium segment so
the project has over 10,000 villas and 15,000 townhouses weaved into
the masterplan”.
Between now and 2015, new Dubai will witness nearly 40 square
kilometres added to its urban land ratio through all DWC’s real estate
options.
“Cityscape Abu Dhabi attracts the very best in real estate,
architecture, urban planning and design – all components that make up
DWC’s master plan,” explained Abdulla Al Falasi, DWC’s Marketing and
Corporate Communications Director.
“The Middle East has been witnessing robust growth in its non-oil
sectors, with the real estate market making a significant contribution
to these impressive statistics. In Abu Dhabi alone, the
UAE
capital projects proposed, planned or under construction total $327bn
and we hope investment in DWC by Abu Dhabi based developers can add to
that figure”.
DWC is providing a real estate platform for hospitality and leisure
operators to construct their properties in new Dubai which will be home
to Al Maktoum International Airport, set to be the world’s largest
international airport”.
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