Key question for Cityscape 2013: Is Dubai again moving into a bubble? | The National:
"No show better reflects the mood of an industry than Cityscape.
The annual property industry gathering is the ultimate barometer of confidence in Dubai bricks and mortar.
For the first time in five years there is a palpable sense of a recovery in the market. That is why this year’s event promises to be so fascinating.
The signs may have been there last year. But the evidence can be seen in the double-digit gains of recent months.
Dubai has led worldwide property prices this year.
Significantly, apartment rates have outpaced villas for the first time – rising by about 42 per cent year to date, according to Asteco data."
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