Dubai, United Arab Emirates:Dubai Land Department (DLD), through its Real Estate Investment Management and Promotion Sector and in partnership with the International Property Show (IPS), is launching the Dubai Property Festival (DPF) 26 – 29 March 2019 at the Dubai World Trade Centre to attract more property investment to Dubai and the UAE.
The event is expected to attract more than 20,000 visitors and coincides with a series of other events that will contribute to enhancing Dubai’s real estate market in a move that reflects the efforts of DLD and the Real Estate Investment Management to enhance the business environment of those interested in the real estate development industry.
HE Sultan Butti Bin Mejren, Director General of DLD, said, “DPF is an ideal platform for various stakeholders in the property sector. It offers great opportunities for the most prominent real estate projects in Dubai, including those that are currently under development. Investors and those looking to take advantage of the opportunities that arise from working in the field can take advantage of its facilities.
“Over the past few years, Dubai exceeded all expectations in creating a business environment that is friendly to investors by introducing appropriate legislation that enable entrepreneurs and real estate developers to invest in this vital sector and ensure profitability and guaranteed income, especially as it represents one of the most important segments of the economic pyramid.”
Majida Ali Rashid, CEO of the Real Estate Investment Management and Promotion Sector in DLD, said: “The Real Estate Investment Management and Promotion Sector was organised at a time when Dubai’s unique features and flexible investment systems set the Emirate apart. This allowed Dubai to attract major real estate developers from around the world who see the city as a stable environment and a safe haven for investment. Over the past few years, we attracted dozens of companies that specialise in developing facilities and skyscrapers in the UK and other European countries, China, Russia, and India as well as developers from the region.”
“DPF provides an opportunity for investors to invest their financial assets in a dynamic, stable, and rewarding sector, where they can benefit from various real estate opportunities that continue to make Dubai a prominent investment destination because of its transparency. Dubai’s efforts in prioritising an enabling environment for investment have been positively reflected on the increasing demand from investors looking to benefit from Dubai’s economic position on the global investment map.”
DPF offers a three-day event dedicated to the exchange of dynamic ideas through a platform that focusses on investment opportunities and market trends and the provision of a conducive environment that promotes and nourishes partnership with real estate owners. The property platform also provides an opportunity for strategic cooperation where partnership agreements can be discussed and secured.
At DPF, major developers in the UAE can have a pre-arranged, 45-minute meeting with their counterparts from China, India, and Russia to explore cooperation opportunities and identify latest and upcoming projects in the market.
The event also offers an on-site auction of properties in addition to workshops, presentations, and panel discussions within an interactive environment on investment strategies and the latest developments in the sector.
DPF was launched for the first time by DLD in cooperation with the IPS in April 2018. The two-day event hosted a full range of activities to exchange knowledge and establish relationships and real estate transactions to provide buyers and sellers the opportunity to interact and explore investment opportunities available in the real estate sector.
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 2019