UAE – Mubasher: Dubai Land Department (DLD) has signed a partnership agreement with nine developers to bolster the Dubai Real Estate Programme.
The agreement was signed with Emaar Properties, Expo Dubai, Deyaar, DAMAC Properties, Azizi Developments, MAG, Sobha Realty, Ellington Properties, and Al Bait Al Duwaliy Real Estate Development, according to the Emirates News Agency (WAM).
DLD will collaborate with developers in various areas, including enhancing the competitiveness of Emirati professionals and facilitating their roles in the real estate sector. Additionally, they will design and implement supportive, high-quality projects.
Moreover, the DLD has announced discussions regarding the allocation of up to 15% of partner developers' projects to be sold through Emirati brokers.
Marwan bin Ghalita, Acting Director-General of DLD, stated: “At DLD, we are committed to implementing the directives of our wise leadership, emphasizing the empowerment of citizens across diverse fields.”
“This commitment is evident in our focus on nurturing and enhancing national skills, which are integral components outlined in the Dubai Social Agenda 2033 and the Dubai Economic Agenda D33 initiated by our visionary leadership,” bin Ghalita elaborated.
He added: “We eagerly anticipate collaborating with our partners in the real estate sector to achieve remarkable outcomes that resonate with the esteemed position held by the real estate sector in Dubai, both domestically and internationally.”
Furthermore, the partnership between DLD and the developers includes collaboration on joint projects to advance the real estate sector and foster a culture of innovation and sustainability.
The partnership will work on providing guidance, professional training, and support for Emirati talents to attract them to the private sector and enhance their specialized skills to establish their own businesses in the real estate market.
