Interview with Majida Ali Rashid, Assistant Director General Dubai Land Department
What is the current scenario of investments from India in Dubai real estate? India is one of the top three investors in Dubai and is the number one investors in Dubai real estate without GCC. There is a long term relationship between Dubai and India. The Dubai Property Show is the perfect example of our relationship. Indian investors spent 61 billion in Dubai in the past three years. They have the highest ranking in Dubai. What are the facilities and incentives Dubai Land Department is providing to Indian investors? There are a lot of facilities and applications that Dubai Land Department is providing to the Indian investors. There is no paperwork through the procedures or any services or applications for investors. For example, land department has many applications which allow investors to not even come to the department and anyone can download these applications from Iphone or any android phones. Also there are applications which allow you to choose a project before even visiting it. These applications support all developers, government and live projects by doing smart marketing for them. What are the challenges that global investors may face while planning investment in Dubai? There is no challenge as such to be pointed out that can shun investors from investing in Dubai. It provides a sea of oppurtunities to the investors and encourages them to come and invest in Dubai.
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