Dubai inks deals to boost real estate market
Dubai Land Department (DLD) on Saturday announced that it signed four memorandum of understandings (MoUs) with local and international government entities on the sidelines of Dubai Property Festival (DPF) to promote real estate sector. In a statement, DLD said the new deals will help provide ideal investment opportunities to those investors who wish to own free-hold properties in Dubai to live, work and invest. "The signing of the four MoUs reflects the integration between multiple departments and official government entities in the emirate in various fields as well as the exchange of experiences with international institutions. This comes as a result of the vast experience gained by DLD in the various processes and mechanisms of regulation and real estate registration, strengthening our leadership at the global level, and position Dubai as a destination of excellence and innovation," said Sultan Butti bin Mejren, director-general of DLD.
Tags : INTERNATIONAL