In <a href="http://www.mortgagerates123.co.uk">property news</a> from the Middle East, an annual event known as Cityscape is about to be held in Dubai. It takes place every October. Cityscape attracts the biggest developers in the region, for it is at this event that projects are launched and sold and mulit-million dollar deals are closed.

The organizers of the event report that they believe there will be a 30% drop in both the number of exhibitors and the number of attendees .

So important is the Cityscape property event that this anticipated lack of attendees has increased doubts about the viability of the real estate market.

In recent days a number of key developers in the region have publicly stated that they will not be attending. However, a  few days later they change their minds.

The companies Emaar and Nakheel, for example,  said last week that they would not be taking part in the event and instead would be working on the completion and handover of projects.

But now, Nakheel, which is state-owned, and Emaar Properties have changed t heir minds.

Other large companies, such as Limitless, will still not be attending. At least that is the word for now.