Dubai Land Department’s (DLD) stand at Cityscape Global 2019 recorded a high level of activity throughout the three-day period 25 – 27 September at the Dubai World Trade Centre. One of the highlights was the welcoming of a US real estate delegation representing different aspects of investing in Dubai’s real estate market.
DLD’s welcoming of international delegations comes as part of the Promotion and Real Estate Investment Management sector’s plan to promote Dubai’s real estate market around the world and reach effective partnerships with real estate brokerage and consultancy companies. The members of the current and previous delegations will be ambassadors qualified to highlight the unique investment characteristics in Dubai, one of the leading investment destinations around the world. Cityscape Global 2019 was the ideal opportunity for all members of the delegation to see the most important projects being developed in the Emirate, meet the developers, and familiarise themselves with their plans and future projects.
The US delegation from Florida included over 400 real estate brokers, investors, businessmen, and consultants as well as representatives from promotion trustee Century 21. Their visit was full of activities and events, where DLD organised a number of specialised workshops that allowed them to explore various aspects of Dubai’s real estate market.
The members of the delegation expressed their admiration of a number of high-quality projects that guarantee residents ideal lifestyles in addition to presenting distinctive specifications that reflect the sophistication of the architectural civilisation in the Emirate. The delegation’s schedule included a comprehensive tour to visit a number of developer sites and a special meeting with DLD’s top management, which was attended by HE Sultan Butti bin Mejren, Director General of DLD, and Majida Ali Rashid, CEO of the Promotion and Real Estate Investment Management sector. During the meeting, several presentations were made, and the many suggestions made by the delegation were discussed.
On 26 September, the services of the Real Estate Investment Opportunities (REIOs) initiative were showcased, including crowdfunding and real estate investment trusts (REITs) as well as the support provided by DLD to these two initiatives. This visit is a continuation of DLD’s ongoing efforts to attracting brokers and investors from around the world and informing them of the exceptional investment opportunities in Dubai as well as the developers’ completed & in-progress projects.
This is the fourth time DLD welcomes a US delegation, with the first having been in January when DLD welcomed a delegation of over 150 agents and 11 investors. The second was in March and included 70 persons, and the third in May featured 70 persons. The current delegation previously took the Certified International Property Consultant (CIPC) online course by Dubai Real Estate Institute, where they received certificates during their current visit.
Source: Land Department Media