Dubai, United Arab Emirates, 6th May 2018: Dubai Land Department (DLD) has announced that the Real Estate Investment Management and Promotion Center, the department's investment arm, has organised a new real estate roadshow and a number of workshops in Cairo. The event aimed to promote Dubai's real estate sector and attract a new wave of Egyptian investors as part of DLD's ongoing initiatives to enhance Dubai's position as a leading global destination for real estate investment.
Her Excellency Majida Ali Rashid, Assistant Director General and Head of the Real Estate Investment Management and Promotion Center, commented: "We were pleased to represent and promote Dubai's real estate sector in Cairo. The event provided a realistic and bright image of Dubai, highlighting the welcoming environment that the emirate provides for investors from all over the world. During the real estate roadshow and workshops, we were keen to demonstrate the various forms of support that investors can seek to help them improve their understanding of Dubai's real estate market."
The roadshow attracted a number of leading real estate developers including Dubai Investments Real Estate Company, Dar Al-Arkan and Falcon City, offering them an ideal platform for sharing their flagship properties with a new audience. The roadshow attracted a high number of Egyptian investors and particularly individuals interested in investing in Dubai, in addition to investment companies, businessmen, senior managers, and real estate professionals.
The initiative is part of DLD's strategy to promote Dubai real estate investment globally and provide clear and reliable information for investors looking to invest in the emirate, reflecting the department's commitment to working in accordance with the highest standards of transparency.
During the roadshow, DLD delegates delivered a number of presentations. The first was led by Mr. Majid Saqr Al Marri, Senior Director of the Real Estate Investment Management and Promotion Center, who discussed real estate investment in Dubai and the services provided by DLD to investors. Masood Al Awar, Chairman and CEO of Medallion Associates LTD, gave the second presentation on behalf of the International Real Estate Promotion Trustee.
Al Awar said: "We thank DLD for its continuous support and for giving us the opportunity to highlight our services among Egyptian investors with a particular focus on the privileges they are granted. Many Egyptian developers are looking to invest in Dubai's real estate market, which encourages us to launch more real estate awareness campaigns to attract investments from both individuals and corporate investors. The roadshow also included a presentation and a film of the participating developers that showcased the projects being presented to the Egyptian market."
About Dubai Land Department:
Dubai Land Department (DLD) was found in May 1960 to establish the most prominent real estate sector in the Middle East and in the world.
DLD provides outstanding services to all its customers whilst developing the necessary legislation to propel the real estate sector in Dubai, organizing and promoting real estate investment, and spreading industry knowledge. DLD seeks regional and worldwide innovation in real estate with the aid of its active organizations that include: Real Estate Regulatory Agency, the regulatory arm, Real Estate Investment Management & Promotion Center, the investment arm, Dubai Real Estate Institute, the educational arm, and Rental Dispute Center, the judicial arm.
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