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Abu Dhabi, UAETuesday 11 December 2018

Business Extra podcast: Is the UAE property market set for a resurgence? 

We discuss the Cityscape Global exhibition in Dubai as well as Elon Musk's slap on the wrist in this week's episode

Visitors converge at the Millennium Binghatti Residences project at Cityscape Global 2018 on October 2, 2018 at World Trade Centre, Dubai. Chris Whiteoak / The National
Visitors converge at the Millennium Binghatti Residences project at Cityscape Global 2018 on October 2, 2018 at World Trade Centre, Dubai. Chris Whiteoak / The National

The UAE and wider region’s property industry has gathered at the annual Cityscape exhibition in Dubai amid weak sentiment and a cloudy outlook. Developers have made a great show of their projects and deals for buyers, but are better times really ahead?

Host Mustafa Alrawi talks to correspondent Sarah Townsend about the mood on the ground at Cityscape in this week's episode of the Business Extra podcast. Listen here:

Also in this episode, Assistant Business Editor Kelsey Warner gives her take about the future of electric car maker Tesla after its chief executive, the billionaire Elon Musk received a $20 million slap on the wrist for his twittering, from the US Securities and Exchange Commission.

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Read more:

Cityscape Dubai to showcase developers' schemes as market confidence grows

Visitors flock to Cityscape Global in Dubai - in pictures

Elon Musk’s $40 million tweets do not cost Tesla much