New wave of real estate boom sweeps region

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By Isaac John  http://www.khaleejtimes.com

Nakheel to restart work on one of the three palm-shaped islands after changing the manmade island group’s name to Deira Island from Palm Deira 

The Falcon city pavilion at the Cityscape offered a shape of things to come in the wake of investor confidence sweeping across the region. — KT photo by Shihab
The Falcon city pavilion at the Cityscape offered a shape of things to come in the wake of investor confidence sweeping across the region. — KT photo by Shihab

Cityscape Global, the Middle East’s flagship property showcase, opened on Tuesday at the Dubai International Convention and Exhibition Centre amid bullish signs of a new wave of real estate boom sweeping across the region on the back of a strong revival in investor confidence.

Shaikh Maktoum bin Mohammed bin Rashid Al Maktoum, Deputy Ruler of Dubai, inaugurated the 12th edition of the show that has lined up regional and international master developers and leading real estate players seeking to ride the crest of optimism and market vibrancy with a spectacular range of product offerings. More info