Developers in the UAE focus on sustainability

The UAE has received a glowing report about the prospects of its economy in 2010 and in turn its investment potential.

Speaking ahead of their property exhibition for the region, Cityscape has given its backing to new real estate builds in the area.

Chris Speller, Cityscape group director, explained that developers in Abu Dhabi had placed sustainability, cost cutting and target delivery at the forefront of their new projects in the emirate and as such the location could represent a good investment option for individuals.

He continued: "Abu Dhabi officials expect the emirates' economy as a whole to grow by as much as four per cent this year."

The Cityscape conference will showcase more than 120 speakers representing the numerous investment companies and will focus its themes around transparency, investment strategy and project delivery.

Earlier this year, REDIN.com launched a Sales and Price Index for Dubai, the emirate's first accurate property index, with the aim of increasing transparency in the region's property market.