DLD launches real estate promotion plan

The Dubai Land Department (DLD) has announced the launch of its real estate promotion plan for the Real Estate Investment Promotion Investment Management Sector, which will focus on drawing investors from various countries to Dubai's real estate sector.
Speaking during a press conference on Tuesday, Sultan Butti bin Mejren, director general of DLD, noted that the DLD would continue to monitor investor interest from various countries and promote Dubai's real estate sector to them.
"Dubai remains at the forefront for global investors, positioning itself as the world's premier real estate destination and a byword for innovation, trust, and happiness," he said. "This year has already been an active year for us after having received a huge delegation from the USA and Singapore. These activities will continue throughout the year to progress upon the success we achieved in previous years. There are many aspects that deserve to be highlighted in our real estate market, which will help us achieve the desired results."
Highlighting the details of the real estate promotion plan, Majida Ali Rashid, CEO of the Real Estate Investment Promotion Investment Management Sector at DLD, noted that the DLD would continue to embark on several more roadshows and activities to reach a wider pool of international investors. Furthermore, the DLD has come up with a wide range of activities across 10 major countries, including the UAE, KSA, Egypt, France, the USA, Canada, China, the UK, India, and Germany.
"There is a growing appetite for investments that we have been seeing from China and India in particular, and we need to work on ensuring that investors from these countries are able to reach us and have all the relevant information that they are looking for," she said.
As part of its strategy, the DLD has elected to participate in a number of exhibitions, seminars, and conferences around the world, which will contribute to the growth of the market, and promote Dubai's real estate development investment opportunities.
The DLD will participate in the Dubai Property Festival, the Asian Real Estate Association of America, the Annual Investment Forum in Dubai, Cityscape Global 2019, the London Property Investor Show, the London Real Estate Forum, the 19th Luxury Properties Showcase, and the Beijing Overseas Property & Investment Show as well as in other activities in Germany, the USA, and the UAE among others. The agenda will also include the International Property Show (IPS) in Cairo and Jeddah, and the 30th edition of MIPIM, an international event hosted by the French city Cannes every March.
- rohma@khaleejtimes.com