Dubai Land Department (DLD) participated in the 20th Luxury Property Show (LPS) Shanghai at the Shanghai Convention Centre through a high-level delegation that included Majida Ali Rashid, CEO of the Promotion and Real Estate Investment Management Sector; and Majid Saqr Al Marri, CEO of the Registration and Real Estate Services Sector.
During the show, held over three days, 6 – 8 December, DLD was accompanied by major real estate developers in Dubai as strategic partners to the show. The developers showcased their latest projects to 14,000 exclusively invited Chinese investors interested in investing in global real estate projects, luxury products, and services. More than 250 exhibitors from 40 countries around the world, including the UAE, participated in the show.
Majida Ali Rashid said: “Our participation in LPS 2019 came as part of our awareness of Dubai’s position in the eyes of Chinese investors, especially in light of the volume of real estate investments they registered in the Emirate. Though there are several encouraging factors for them to invest in our real estate, we are keen on registering distinguished participation for us every year to inform them of the advantages and investment incentives that we provide as well as the Emirate’s strategic location as a link between the Middle East, Asia, and Europe. We took note of the fact that Chinese investors appreciate the safe environment, transparent transactions, and credibility that all parties showcase when dealing with investors to ensure that they get the best value for their money.”