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Dubai Land Department Introduces 4 Key Policies for Real Estate Growth

Policies for Real Estate Growth 2024

The Dubai Land Department (DLD) has introduced four strategic policies aimed at enhancing the growth, innovation, and sustainability of Dubai’s real estate sector. These initiatives align with the Real Estate Sector Strategy 2033 and the Dubai Economic Agenda D33, setting a foundation for sustainable development and governance.

Key Policies Shaping Dubai's Real Estate Sector

1. Real Estate Alliances Policy

This policy focuses on building robust strategic partnerships with stakeholders to enhance Dubai’s real estate market appeal and competitiveness. By fostering collaboration, the DLD aims to create a dynamic ecosystem that aligns with Dubai’s long-term vision for comprehensive development.

2. Resilience and Sustainability Policy

Designed to boost the sector’s adaptability to economic, environmental, and social changes, this policy emphasizes sustainable practices and high-quality building standards. It ensures the industry is prepared to respond effectively to challenges, crises, and emergencies.

3. Real Estate Reputation Policy

This policy seeks to position Dubai as a premier global real estate destination. By collaborating with strategic partners, the DLD aims to enhance the market’s attractiveness and elevate its reputation as a hub for investors and homeowners.

4. Data Sharing and Dissemination Policy

Focusing on transparency and innovation, this policy ensures secure data exchange between the DLD and its partners. It aligns with Dubai’s data-sharing regulations, promoting the use of technology to optimize real estate transactions and decision-making processes.

Event Highlights and Key Insights

DLD chairman image

Marwan Ahmed bin Ghalita Director General of the DLD

The policies were unveiled during the Real Estate Policy Lab at DLD headquarters, led by Eng. Marwan Ahmed bin Ghalita, Director General of DLD. He emphasized the importance of these initiatives in shaping the future of Dubai’s real estate sector and expressed gratitude to all participants for their contributions.

Dr. Mahmoud Al Burai, Director of Real Estate Policies and Innovation, outlined the objectives and significance of each policy. He stressed their role in driving innovation and ensuring sustainable growth.

The event also featured a presentation by Dr. Abdulaziz Istitiyeh, Senior Economic Advisor at the General Secretariat of the Executive Council, who discussed policy design strategies. Real estate experts participated in brainstorming sessions to refine the policies, develop implementation frameworks, and explore private sector contributions.

Driving the Future of Real Estate in Dubai

The DLD’s efforts underscore its commitment to fostering a competitive, resilient, and transparent real estate sector. By implementing these policies, Dubai strengthens its position as a global leader in real estate innovation and investment opportunities.

For more updates on Dubai’s real estate developments, stay connected with Casabella Property Broker, your trusted partner in navigating Dubai’s dynamic property market.

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