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4/1/24, 1:53 PM                     Dubai partners with 9 developers to bolster Real Estate Program - TRENDS Mena
       Dubai partners with 9 developers to bolster

       Real Estate Program





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                        In the coming phases, DLD will witness further partnerships with prominent developers and real estate brokers in Dubai. (WAM)


                     By TRENDS Desk              The developers include Emaar Properties, Expo Dubai, Deyaar, DAMAC
                   March 31, 2024 9:20 pm
                                             Properties, Azizi Developments, MAG, Sobha Realty and Ellington Properties

                                                 The agreement aims to enhance the competitiveness of Emirati professiona
                                             and facilitating their roles in the real estate sector.
                                             Dubai, UAE — The Dubai Land Department (DLD) has embarked on the firs
                                             phase of a series of strategic partnerships with nine leading developers, aimed
                                             bolstering the “Dubai Real Estate Programme.”

                                             DLD said the initiative underscores its commitment to cultivating a skilled
                                             citizenry proficient in professional ethics and principles, positioning them to d
                                             the evolution and advancement of the real estate sector.


                                             Future phases will witness additional collaborations with prominent developer
                      Share                  and real estate brokers in Dubai, further contributing to the qualification of
                                             citizens in the real estate domain.

                                             The agreement aims to collaborate across various domains, including enhancin
                                             the competitiveness of Emirati professionals and facilitating their roles in the r
                                             estate sector.

                                             Key objectives include designing and implementing high-quality projects thro
                                             cooperation between DLD and real estate partners in the emirate. Efforts will
                                             be directed towards allocating 10-15 percent of project sales through Emirati
                                             brokers.


                                             Furthermore, the agreement seeks to empower national talents by offering job
                                             opportunities within the collaborating parties in accordance with prevailing lab
                                             laws.

                                             Engineer Marwan bin Ghalita, Acting Director-General of DLD, along with
                                             officials representing prominent real estate development companies, signed th
                                             strategic alliance agreement. Notable participants include Emaar Properties, E
                                             Dubai, Deyaar, DAMAC Properties, Azizi Developments, MAG, Sobha Realt
                                             Ellington Properties, and Al Bait Al Duwaliy Real Estate Development.

                                             Marwan bin Ghalita underscored the significance of this alliance in realizing t
                                             objectives of the Dubai Real Estate Brokers Programme, designed to elevate
                                             citizen participation in the real estate market. The program aims to incentivize


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