The Dubai Land Bureau (DLD) has established a new real estate alliance to strengthen Dubai’s strategy on real estate promotion.
The initiative includes notes from collaborations with four large developers from the Emirates. Danube properties, Imtias development, MAG lifestyle development, and Fakruddin characteristics development.
Eng. Marwan Ahmed Bin Ghalita, general director of Dubai Land Department, has signed a contract with Rizwan Sajan, founder and chairman of the Danube Group, and Masih Imtiaz, CEO of Imtiaz Developments. At the same time, Majda Ali Rashid, CEO of Real Estate Development in Dubai Lands, is an agreement with Talal Moafaq Al Gaddah, CEO of Mag Lifestyle Development, and Youssef Fakhruddin, CEO of Fakhruddin Properties.
Real estate alliance formed
“The real estate sector is a fundamental pillar of Dubai’s sustainable development framework. Guided by the vision of our wise leadership, we continue to strengthen collaboration with our private sector partners, who have consistently demonstrated their commitment and readiness to create new investment opportunities and solidify Dubai’s position as a global destination of choice for living, working, and visiting. This cooperation agreement represents a significant step in our ongoing efforts to promote the real estate sector through diverse platforms and launch innovative initiatives that support investors and enhance market vitality,” Marwan Ahmed Bin Ghalita said.
He further stated that the strategic collaboration represents developers’ faith in Dubai’s vision and serves as a platform to exhibit the emirate’s diverse real estate environment across residential, commercial, hospitality, industrial, educational, and technological sectors.
The collaboration is part of the larger implementation of the Dubai Real Estate Strategy 2033, which seeks to deepen strategic collaborations between the public and private sectors.
The program aligns with Dubai’s objective to strengthen its position as a global investment hub, generate economic growth, attract foreign direct investment, and diversify real estate options to fulfill demand in both local and international markets.
“This collaboration will enhance investment inflows into Dubai’s real estate market and boost its global competitiveness, fully aligning with the strategic vision of the Dubai Land Department to position the emirate as a global leader in real estate investment. We aim to drive Dubai’s journey toward a more prosperous future through strategic partnerships. As part of this agreement, Dubai Land Department is committed to organising and supporting international events and exhibitions, providing comprehensive data and insights on real estate opportunities in Dubai, and launching promotional campaigns across media channels and social platforms to strengthen Dubai’s presence in the global real estate market,” Majida Ali Rashid added.
As part of the agreement, the Dubai Lands Division will organise and support international events and exhibitions, provide data and insights on real estate options, and launch advertising campaigns across media channels and social platforms to enhance the presence of Dubai’s global market.
Participating developers set out to provide accurate and transparent information about the registered project, including pricing, timelines and funding options. It also provides exclusive incentives to international investors, including flexible payment planning and investment services, in accordance with DLD standards.
