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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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