Abu Dhabi's Real Estate Market Regains Stability
With the backing of a government-led infrastructure program, Abu Dhabi's real estate market is now witnessing a return to stability. However, according to senior executives from three of the emirate's top master developers, overseeing multi-billion dollar projects, a complete recovery will still require some time.
Investment Potential Highlights at Cityscape Abu Dhabi
During a finance panel debate at the Cityscape Abu Dhabi conference, it was unanimously acknowledged that the mid-range Residential Rental and Retail Property sectors hold the highest investment potential.
Key Panel Members Share Insights
- John Bullough, CEO of Aldar Properties, renowned for projects such as Al Raha Gardens, Yas Island, and the Ferrari World theme park.
- John Thomas, Executive Director of Mubadala Real Estate and Hospitality, associated with notable projects like Arzanah, Sowwah Island, and the Mina Zayed Waterfront.
- Gurjit Singh, Chief Operating Officer of Sorouh Real Estate, whose portfolio includes Shams Abu Dhabi, Lulu Island, and Al Ghadeer on the Abu Dhabi-Dubai border.
Ongoing Debates at Cityscape Abu Dhabi
Until Wednesday, April 21, 2010, the conference, held at the Abu Dhabi National Exhibition Centre, will continue to host comprehensive and open debates. A key topic of discussion will be “The Future of Real Estate Investment Regionally and Internationally”.