Khaleej Times

DLD launches promotion plan

- Rohma Sadaqat — rohma@khaleejtim­es.com

dubai — 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.

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.

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