Jan 06 2019   | Source: Dubai Land Department 

US delegation visits Dubai to review its real estate experience

Dubai, United Arab Emirates, 5 January 2018:Dubai Land Department (DLD) will receive a delegation from the USA representing government and private institutions and comprising more than 150 real estate agents and 11 investors who are seeking investment opportunities in Dubai.

HE Sultan Butti bin Mejren, Director General of DLD, commented: “At this new year’s outset, we announce Dubai’s real estate market’s entry into a new phase of growth to promote real estate opportunities, especially as the Emirate’s environment is safe for living, working, and investing as well as possesses a diverse economic climate capable of attracting business sectors.Thisis made evident by DLD’s welcoming of a real estate delegation from the USA to explore vital investment opportunities in Dubai's real estate sector, which is distinguished from other global markets considering it ranks prominently among the top 10 destinations, attracting foreign direct investment (FDI).”

Bin Mejren added: “This move is aimedat promoting and managing real estate investment at DLD to strengthen its rich agenda of innovative initiatives that aim to consolidate transparency and enhance Dubai’s position as an attractive investment environment. Thisallows us to achieve our vision of positioning Dubai as the world’s premier real estate destination and a byword for innovation, trust, and happiness?.”

Majida Ali Rashid, CEOof the Real Estate Promotion and Investment Management Sector at DLD, said: “We are pleased to welcome the US delegation to Dubai on 13 January for six days. This visit will be the first of our initiatives to promote real estate opportunities during 2019, especially as Dubai’s real estate market is entering a new phase of sustainable growth that promises a rising wavethat coincides with the launch of Expo 2020.”

Rashid stressed that this initiative is a unique step in launching a promotional programme through the Real Estate Promotion and Investment Management Sector, positively contributing to attracting investment from the US market to Dubai’s real estate market.

During the visit, the delegation will review a number ofdevelopers’ real estate projects with presentations that highlight the factors of political and social stability in the UAE generally, and Dubai specifically as well as highlighting its legislation and real estate laws, an important catalyst for real estate investment.

This visit is the result of a cooperation between DLD, the US real estate promotion trustee, Aqari Global Ltd, and Century 21 UAE. It is the first-of-its-kind to promote Dubai’s real estate market to attract investors and real estate agents from the USA and the world, encouraging them to visit Dubai and invest in real estate.

DLD’s representatives will focus on revealing vital investment opportunities in Dubai's real estate sector, which represents a unique success story among global markets. DLD recently recorded a distinguished presence as a global strategic partner at theAmerican 2018 REALTORS Conference & Expo (NAR) in Boston, USA. The visit is complementedby the promotional programme adopted by the Real Estate Promotion and Investment Management Sector at DLD to contribute to attracting investment from the US market to Dubai’s real estate market.

-ENDS-

About Dubai Land Department:

Dubai Land Department (DLD) was founded in January 1960 to establish the most prominent real estate sector in the Middle East and the world. It provides outstanding and integrated services to all its customers while developing the necessary legislation to propel the real estate sector in Dubai through the regulation of the sector, organising and promoting real estate investments, and spreading industry knowledge in search of regional and worldwide real estate innovation. 

DLD seeks regional and worldwide innovation in real estate with the aid of its active sectors that include real estate registration services, real estate investment promotions, and corporate support, and with the aid of its active organisations that include the Real Estate Regulatory Agency, the Dubai Real Estate Institute, and the Rental Dispute Centre.

Unified Toll Free Number: 

In order for Dubai Land Department to provide the best possible service in a rapid manner and to ensure the comfort and happiness of our customers, it has activated a new toll-free call centre number [8004488]. This can be used for all Dubai Land Department and Rental Disputes Centre enquiries.

Expert advice on buying, selling or renting in JLT

50+ residential buildings to choose from. Inquire now.

Subscribe to Lookup.ae’s Mailing List to receive property news and opportunity alerts.
Lookup.ae