The Dubai Land Department (DLD) is playing host to US officials who will represent different interests. Individuals represented include the government and the private sector. The delegation will be composed of more than 150 real estate agents as well as 11 investors who are eyeing various properties in Dubai, Khaleej Times reported.
Sultan Butti bin Mejren of the DLD announced Dubai's real estate market as 'open for business,' ushering in a new phase where growth and promotion of real estate assets are widespread. He also praised the territory as safe and completely open for working and investing. He also highlighted the importance of the 'diverse' economic climate' in the area as an area of opportunity for those who wanted to explore investments.
In line with this, the DLD has entered a partnership with Aqari Global Ltd, better known as 'Century 21.' This partnership, Zawya reported, was witnessed by Majid Al Suwaidi, the UAE consul-general based in New York. DLD director-general Sultan Butti bin Mejren and Real Estate Promotion and Investment Management Sector CEO Majida Ali Rashid were on hand to help inaugurate the new office.
Further promoting Dubai's readiness, the DLD director general stated that the country was up there with the fastest-growing markets of the real estate world. Its infrastructure, security, and the safety measures it granted its investors were second-to-none, he stressed, and that their work was meant to position Dubai as a 'premier real estate destination' with an eye for proper modernization.
In terms of working with the US delegation, Rashid added that the Dubai Real Estate Institute will work closely with agents and brokers in the US. He also added that encouragement to invest in one of the major reasons behind Dubai's cooperation with the US delegation-not just to show that Dubai is open for investment, but to promote various real estate projects that are ready for investments to members of the delegation as well as the institutions that they represent.
Bin Mejren hopes that this will further position Dubai among the top real estate choices of international investors. By completing their goals, he envisions Dubai to become more than just a destination. He hoped that whenever investors are looking for a destination that espoused innovation, happiness in achieving goals, and trust in investment partners, Dubai will come to mind more often than not.
The delegation is scheduled to visit Dubai starting on January 13 and will stay in the territory for six days. It is seen as the first of many such initiatives to promote Dubai's real estate market for investments.
