Media ININ Economy We Trust
Dubai 21-09-2019
Dubai Land Department has announced a strategic partnership with Cityscape Global 2019, which is being held this year under the theme ‘Adapt to Change: Charting a Path in the Era of Transformation’ from September 25 to 27 at the Dubai International Convention and Exhibition Center.
His Excellency Sultan Butti bin Mujrin, Director General of Dubai Land Department, said that the strategic partnership of the Department with this exhibition aims to support the vision of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, “to provide transparency and smart promotion.” The real estate sector, which is the mainstay of various economic sectors and a true mirror reflects the prosperity of the emirate in all areas.
“The global event will provide us with a real opportunity to meet investors, developers, government officials and real estate professionals and answer their inquiries regarding the latest initiatives, applications and smart and innovative solutions that we have developed over the course of a year.”
He pointed to the real estate reports that indicated that the real estate sector of the Emirate of Dubai has made progress in global competitiveness indicators, where the UAE has shown outstanding performance in the ease of doing business index, where it advanced 10 places in the ranking in 190 countries around the world and reached the 11th position in the world.
He pointed out that the improvement in the ranking of the country represented by the Emirate of Dubai as the largest business city was achieved thanks to the improvement achieved in a number of axes, especially the real estate ownership registration axis which registered progress in three centers and reached the seventh place globally in 2019 compared to the tenth place in the previous year. .
He pointed out that Dubai Land is keen to support local and international exhibitions where it sees opportunities to announce the privileges and facilities available to international investors who visit Dubai. He added that participation in Cityscape is in line with the department’s mission to make Dubai the first real estate destination in the world. Innovation, trust and happiness.
“ We will be supportive of all promotional activities witnessed in the exhibition and stand with our developers to reach out to their customers who are looking for the best investment options and our platform will be the perfect refuge for all segments that show a desire to know the laws, regulations and legislation that protect their interests, ” he said.
Through its platform, the Department will present demonstrations of many of its initiatives reflecting its support to the Supreme Real Estate Committee announced during September, in addition to clarifying many legislations and laws that have been launched successively over the past years to spread reassurance to the parties and attract more foreign direct investments to The sector, the last of which is the total ownership of projects and companies, granting ten-year long stays to investors and reducing and canceling fees on many government services and the impact of such initiatives on the vitality of the real estate sector and ease of doing business. to.
As part of the Department’s commitment to support the 10x initiative on the development of government work in Dubai and bring it to ‘number one’ globally, Dubai Land will showcase its Dubai Rest services project, which is expected to be fully completed in the first quarter of next year 2020 to provide its services to all its customers. .
The Cityscape World Expo is one of the leading platforms in the international real estate market, with experts attending to share ideas, showcase the latest developments and investment opportunities in real estate and contribute to the development of the skills of participants in workshops and seminars and provide them with more information on trends and investment opportunities Available in the market.
