Cityscape Dubai turns the spotlight on the Middle East's love affair with London

摘要

I spent last Wednesday handing out ice creams, with the temperature hovering around 40°C outside. Not because I've had a dramatic change of profession, but because I was in Dubai. While many of the CBRE Residential team were at Property Week's successful RESI 2015 conference at Celtic Manor, I was part of another team on a trip - also taking in Abu Dhabi - to Qatar, which culminated in Dubai's Cityscape Global event. Our CBRE-branded tubs provided welcome relief for some of the 80,000 registered attendees at Cityscape, which many of London's top residential developers also chose to attend. Middle Eastern investors and developers were dominant, of course, with Nakheel, Damac and Emaar on prominent display and seeking Middle Eastern and overseas buyers. The Dubai market is challenged in the short term, but the momentum that will be generated by Expo 2020 offers hope for the future.