Arabian Business, 16 March, 2019
Dubai Land Department (DLD) is launching the Dubai Property Festival on March 26–29 at the Dubai World Trade Centre to attract more property investment to the emirate and the wider UAE.
The event, run through its Real Estate Investment Management and Promotion sector and in partnership with the International Property Show (IPS), is expected to attract more than 20,000 visitors.
DLD said the event coincides with a series of others that will contribute to enhancing Dubai’s real estate market.
Sultan Butti Bin Mejren, director general of DLD, said: “DPF is an ideal platform for various stakeholders in the property sector. It offers great opportunities for the most prominent real estate projects in Dubai, including those that are currently under development.
“Investors and those looking to take advantage of the opportunities that arise from working in the field can take advantage of its facilities.
He added: “Over the past few years, Dubai exceeded all expectations in creating a business environment that is friendly to investors by introducing appropriate legislation that enable entrepreneurs and real estate developers to invest in this vital sector and ensure profitability and guaranteed income, especially as it represents one of the most important segments of the economic pyramid.”
Major developers in the UAE can have a pre-arranged, 45-minute meetings at the event with their counterparts from China, India, and Russia to explore cooperation opportunities and identify latest projects in the market.
The event also offers an on-site auction of properties in addition to workshops, presentations, and panel discussions.
DPF was launched for the first time by DLD in cooperation with the IPS in April 2018.