US team to review Dubai realty investment

dubai — The Dubai Land Department (DLD) will receive a delegation from the US representing government and private institutions and comprising more than 150 real estate agents and 11 investors who are seeking investment opportunities in Dubai.

Sultan Butti bin Mejren, director-general of DLD, said: “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. This is made evident by the DLD welcoming a real estate delegation from the US to explore investment opportunities in Dubai’s real estate sector.”

Bin Mejren said this move is aimed at promoting and managing real estate investment at DLD to strengthen its agenda of initiatives that aim to enhance Dubai’s position as an attractive investment environment. “This allows 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, CEO of the Real Estate Promotion and Investment Management Sector at DLD, said: “We are pleased to welcome the US delegation to Dubai on January 13 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 wave that coincides with the launch of Expo 2020.”