The Dubai Land Department has identified four key policies introduced to help develop the city real estate sector.
In its ongoing efforts to foster innovation within the real estate sector and establish regulations that promote growth and sustainability, Dubai Land Department (DLD) organised the Real Estate Policy Lab.
This initiative seeks to discuss and refine four key sector policies:
- Real Estate Alliances Policy
- Resilience and Sustainability Policy
- Real Estate Reputation Policy
- Data Sharing and Publication Policy
Dubai real estate policy
These policies are strategically aligned with DLD’s mission to meet the Real Estate Sector Strategy 2033’s ambitious objectives and Dubai Economic Agenda D33.
The event was held at DLD’s headquarters and attended by Eng Marwan Ahmed bin Ghalita, Director General of DLD, who expressed his gratitude to all participants and highlighted the importance of such initiatives in charting a roadmap for governance and sustainable development within Dubai’s real estate sector.
The event began with an overview of the four policies presented by Dr. Mahmoud Al Burai, Director of the Real Estate Policies and Innovation Department. He outlined each policy’s significance and primary objectives, underscoring their role in empowering Dubai’s real estate sector and advancing comprehensive, sustainable development.
- Real Estate Alliances Policy: Focuses on strengthening strategic partnerships and collaboration with various stakeholders in the real estate sector. This policy aims to enhance Dubai’s real estate market’s appeal and competitiveness, fostering comprehensive development in alignment with the emirate’s vision
- Resilience and Sustainability Policy: Designed to improve the sector’s adaptability to economic, environmental, and social changes, ensuring a flexible response to challenges, crises, and emergencies. This policy highlights the importance of sustainable practices and the implementation of high-quality building standards across real estate projects
- Real Estate Reputation Policy: Seeks to establish Dubai as a premier real estate destination by enhancing market appeal and competitiveness through collaboration with key strategic partners
- Data Sharing and Dissemination Policy: Aimed at bolstering transparency and security in data exchange between the Dubai Land Department and its partners. This policy aligns with Dubai’s data sharing and publication regulations and encourages innovation in using and transferring real estate data
The event also featured a presentation by Dr. Abdulaziz Istitiyeh, Senior Economic Advisor at the General Secretariat of the Executive Council, who provided insights into the strategies and methodologies for policy design within the government.
Additionally, the event hosted several real estate experts in brainstorming sessions focused on drafting the four key policies, discussing implementation mechanisms, and exploring the private sector’s role in this process.
The experts contributed a wealth of insights, ideas, and solutions to advance these real estate policies.
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