DLD launches 4 new investment products in Dubai's real estate

Dubai Land Department (DLD) announced the launch of the Real Estate Investment Opportunities (REIOs) initiative during a press conference held yesterday. The new initiative is a new way to attract investors from all economic sectors. Before the launch of the project, a feasibility study was conducted, and the most prominent international experiences and local and global practices were reviewed, and a special committee was formed to follow up and develop the project. Under this initiative, several important investment products will be launched, most notably the collective real estate investment funds, partial title deeds procedures to register units owned by a number of partners, the lease-to-own system, and investment portfolio applications.