Oil drop does not dampen sentiment

RetailME Bureau

A record 130 real estate developers, government agencies and allied stakeholders attended the 9th edition of Cityscape Abu Dhabi, held at the Abu Dhabi National Exhibition Centre from April 21-to-23, with investor sentiment high and developers announcing a slew of new projects despite the dark cloud of falling oil prices.



The question hanging over Cityscape Abu Dhabi this year was: Are falling oil prices impacting the investment climate in the UAE capital’s real estate market?

RetailME writes about the sentiment within the real estate community, which is a mix of optimistic and cautious.