Dubai Land Department opens real estate office in New York

DUBAI, 11th November, 2018 (WAM)—The Dubai Land Department, DLD, has opened a real estate promotion office in New York, in partnership with Aqari Global Ltd ‘Century 21,’ and in the presence of Majid Al Suwaidi, Consul-General of the UAE in New York.

Sultan Butti bin Mejren, Director-General of DLD, and Majida Ali Rashid, CEO of the Real Estate Promotion and Investment Management Sector at DLD, inaugurated the new real estate promotion office. Real estate professionals and industry leaders, including agents, real estate brokers, and fund managers, attended the opening ceremony, in which the promotion trustee will provide services to buyers and investors interested in the real estate market in Dubai.

Commenting on the office opening, Sultan bin Mejren said, “The new office will contribute to promoting investment opportunities in Dubai’s real estate market, in light of the Emirate’s unique advantage over other markets, in addition to the high returns on investment, whether for investors or real estate developers, compared to other cities around the world.”

He explained that Dubai is one of the ten fastest-growing real estate markets in the world, with the infrastructure, security, and safety it provides for investors, supported by DLD’s unique legal structure to ensure the security of investments.

“We work to position Dubai as the world’s premier real estate destination and a byword for innovation, trust and happiness, as well as to maintain the attractive investment opportunities US nationals can obtain in Dubai’s real estate market, and the services offered by Dubai Real Estate Institute to agents and brokers in the US,” Rashid added. “The office will also work closely with real estate brokers in the United States to encourage them to promote Dubai real estate projects among American investors.”

Rashid stressed that the real estate promotion trustee office, which will be the focal point for developers in Dubai to reach out to the US market, will promote investment opportunities in Dubai, and will represent a practical centre, allowing local developers to sell their projects to American buyers.

The office will provide customer relations, responses to enquiries, and specialised services that help attract investments, and will introduce investors from around the world to the services provided by DLD. In addition, the office will participate in real estate exhibitions and external workshops organised by DLD and its partners in different regions of the United States.

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