Emirates Auction will participate in a special pavilion at the festival, where it will organize online auctions on a number of properties through its various smart electronic applications, with the goal of familiarizing visitors at the festival with online auctions through live demonstrations.
HE Sultan Butti Bin Mejren, Director General of Dubai Land Department (DLD), welcomed the strategic partnership of Emirates Auction for the Dubai Property festival. He stressed that this partnership comes within the framework of the Department’s keenness to strengthen its cooperation with the private sector to help achieve the government’s strategic goals.Bin Mejren said, “Emirates Auction is considered one of the leading companies in its field and has an excellent reputation with both the government and business communities in the country. The company has proved to be highly efficient in managing and organizing several projects and enjoys various characteristics that makes it a suitable partner for the Dubai Property Festival. The festival aims to establish a strategic cooperation with the company that serves the interests of both parties, with the hopes of cooperating further in the future.”Omar Matar Al Mannai, Executive Director of Emirates Auction, said: “Our participation in the Dubai Property Festival as a Strategic Partner stems from the company’s keenness to enhance cooperation with government institutions in the country by developing programs and solutions that save time, effort and costs, as well as provide the best services in accordance with the best international practices, which is in line with the vision and guidance of the wise leadership of the country.”Al Mannai stated that Emirates Auction has sponsored various important events for several years now, as part of its responsibility towards the community to contribute in encouraging investment in the UAE, in addition to promoting its various activities in the organization and management of public and electronic auctions, which include auctions for vehicles, vehicle license plates, real-estate and asset liquidation projects, among others. He added that the company will showcase various properties that are available for sale through online auctions during the event, which would support the real estate sector in the country and support the objectives of the festival by stimulating the real estate market.The Dubai Property Festival will be part of ‘Real Estate Investment Week’, which will feature a number of events that promote real estate investment. The Events of the week will also aim to gather investors from different countries to discuss ways to boost investment. The festival is being organised by DLD through its investment arm, the Real Estate Investment Management and Promotion Center, in partnership with International Property Show (IPS). It is part of DLD’s ongoing efforts to support the real estate sector and create a win-win situation for all stakeholders in the property development industry, which includes developers, brokers, investors, mortgage providers and home buyers.