PHOTO
Majida Ali Rashid: The festival was an ideal opportunity to highlight our initiatives to encourage real estate investment
Dubai, United Arab Emirates: Dubai Land Department (DLD), through its Real Estate Promotion and Investment Management Sector, successfully participated in the global Newmarket Racecourse, England for the first time as part of the Dubai Future Champions Festival, which is being held for two days on 12th and 13th October, 2018 in cooperation with the Department of Tourism and Commerce Marketing (DTCM) in Dubai.
DLD’s participation in the festival comes as part of its relentless efforts to attract investors, highlight the services it provides to various parties in the real estate sector, and present the legislative developments in order to attract various target groups in this festival, including horse owners and race enthusiasts.
HE Sultan Butti bin Mejren, Director General of DLD, commented: “We decided to participate in the Dubai Future Champions Festival in support of Dubai’s jockeys, and to encourage them to rank in positions worthy of Dubai's reputation in this field. This event provides us with an ideal opportunity to highlight Dubai's exclusivity in areas like the real estate sector which attracts investors from all over the world. Our platform at the festival highlighted the advantages of the real estate investor in Dubai.”
HE Majida Ali Rashid, CEO of the Real Estate Promotion and Investment Management Sector at DLD, said: “By participating in the Dubai Future Champions Festival, we took the opportunity to highlight DLD’s initiatives to stimulate and encourage real estate investment. Our periodic reports show that the British investor is always ranking high on the list of foreign investments in Dubai. In addition, the UAE has strong ties with the United Kingdom, especially with the large British community living in the UAE, reflecting the strength of the relationship and the attractiveness of Dubai’s real estate market to the British investor.”
In cooperation with DTCM, a platform was provided at the festival that helped strengthen Dubai's leadership in organising major horse racing events and festivals around the world. The festival was an opportunity to highlight the touristic monuments and offers available to the European market.
Khalid bin Kalban, Managing Director & Chief Executive Officer of Dubai Investments, commented: “We are pleased to join two prominent government entities participating in this festival where we focused on providing examples of the various real estate projects in Dubai to highlight its progress in this area. The projects we showcased demonstrated the ability of the Dubai real estate market to meet the buyers’ demands, whether they are looking for apartments, investment units, or commercial spaces.”
DTCM emphasised its mission to consolidate Dubai's position at the forefront of leading tourism destinations and prominent business centres in the world. DTCM is planning and supervising the development of Dubai's tourism sector and is also developing and implementing a comprehensive marketing programme, including advertising campaigns and global promotional activities, which include participation in external exhibitions; arranging marketing visits; organising lectures, workshops and informational visits; issuing and distributing promotional publications; organising media relations; and other services, such as answering queries and providing information.
-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.
© Press Release 2018Disclaimer: The contents of this press release was provided from an external third party provider. This website is not responsible for, and does not control, such external content. This content is provided on an “as is” and “as available” basis and has not been edited in any way. Neither this website nor our affiliates guarantee the accuracy of or endorse the views or opinions expressed in this press release.
The press release is provided for informational purposes only. The content does not provide tax, legal or investment advice or opinion regarding the suitability, value or profitability of any particular security, portfolio or investment strategy. Neither this website nor our affiliates shall be liable for any errors or inaccuracies in the content, or for any actions taken by you in reliance thereon. You expressly agree that your use of the information within this article is at your sole risk.
To the fullest extent permitted by applicable law, this website, its parent company, its subsidiaries, its affiliates and the respective shareholders, directors, officers, employees, agents, advertisers, content providers and licensors will not be liable (jointly or severally) to you for any direct, indirect, consequential, special, incidental, punitive or exemplary damages, including without limitation, lost profits, lost savings and lost revenues, whether in negligence, tort, contract or any other theory of liability, even if the parties have been advised of the possibility or could have foreseen any such damages.
