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Expo of property in Dubai 'will still see good numbers'

Expo of property in Dubai 'will still see good numbers' An exposition of property in Dubai is still expected to have a high attendance despite the global financial crisis, according to one specialist.

The CityScape Dubai event, which showcases a range of real estate in the United Arab Emirates, will have a good turn out when it takes place in October, said event managing director Rohan Marwaha.

He stated that he does not expect the record crowd which attended last year to turn up again, though

"Considering the global economic turmoil, it would be unrealistic for anybody to assume that the event will be as big or attract as many visitors as last year. Based on forecasting models we expect the exhibition to be approx 25 to 30 per cent smaller," he explained.

Recently, Richard Price, chief executive of ING Real Estate Investment Management, said he is looking forward to CityScape because it will give companies and investors a key insight into property in Dubai.
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Published: 01-Sep-09

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