Dubai Properties Group (DPG), a member of Dubai Holding, reported a significant increase in interest from potential investors in its diverse portfolio of Built to Sell and Built to Lease projects at the recent Cityscape Global event 2012.
During the event, the release of two buildings for sale in DPG’s prime mixed use development Bay Square received strong interest and demand, along with Bay Avenue, the dining, shopping and leisure area of Business Bay. The Executive Towers, located in the central Business Bay district, also remain a much sought after development despite being sold out.
DPG also confirmed continuing interest for The Villa, the popular residential community for families in DUBAILAND. In addition, the soon-to-be launched Mudon development recently announced for DUBAILAND received significant investor attention throughout the event.
Speaking about the response from investors at the event, Khalid Al Malik, Group CEO of DPG said, “We are pleased with the results of our participation in this year’s Cityscape Global. The visitor profile was perfect for DPG, and we were able to engage directly with local and international investors who were genuinely interested in our diverse portfolio. It certainly was a case of quality over quantity this year, and it was a great opportunity to engage with investors and stakeholders on future plans.”
Other announcements from DPG at Cityscape included the completion of essential infrastructure facilities at its growing Business Bay district and the development of several recreational facilities at Remraam Community, developed by Mizin LLC, a member of Dubai Properties Group. These recent developments are aimed at further enhancing the lives of residents of DPG’s communities.
The DPG stand showcased a range of DPG communities including exclusive villas and apartments, affordable residential housing, skilled staff accommodations, and commercial real estate including retail and office space in some of the most sought-after neighborhoods in Dubai.