arabianbusiness
The Dubai Real Estate Strategy was launched to support the Emirates booming property sector. They target an AED 1 tn $272 bn in the property market. Here we get the roadmap of strategy and impact of transaction volume and reinforcement for international investors.
In the first nine months of 2024, Dubai Real Estate recorded over 163,000 transactions, amounting to more than AED544bn ($151bn). Marwan Ahmed bin Khalifa, Director-General of Dubai Land Department, announced the strategy and emphasized the vision of Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai. The strategy aims to make Dubai a role model for regional and global leaders.
Nowadays, the UAE ranks among the top global investment destinations and international real estate hotspots. Coordinating with the Dubai Economic Agenda D33, Dubai Social Agenda 33, and the Dubai 2040 Urban Master Plan, this strategy strengthens Dubai’s position. Investing in Dubai offers so many facilities like a high-quality lifestyle, long-term investment, and increasing market appeal. The Dubai Real Estate Sector Strategy 2033 targets ambitious objectives through a set of key performance indicators, which are:
The strategic roadmap built high-quality standards with increasing transparency and high value of real estate assets and investment. A focal point is emerging markets. In this sector, both investors and end-users facilitated deploying Artificial Intelligence, enhancing data centralization, and offering a seamless, integrated experience. The strategy is aimed at a series of ten-year programs that are:
The real estate sector positioned high in Dubai and created new milestones with their empowerment of national talent and their fluent involvement in this crucial field. Here, the Real Estate Evolution Space (REES) is a key initiative that aims at developing Dubai’s leadership in real estate technology and Artificial Intelligence.
There were no shortage of businesses and brands that took to April Fools’ Day 2025…
Arafat Day is the next public holiday in the UAE and is expected on Thursday,…
On April 2, World Autism Awareness Day will be commemorated in the UAE as it…
The SKIMS Los Angeles Flagship Store, located in the heart of the city, is officially…
A Chinese test satellite operates to develop satellite internet technology. The satellite launch initiative of…
People can discover complete travel destinations through their TikTok streaming activities. Dubai entrepreneur Shravasti Menon…
This website uses cookies.