Page 176 - SOBHA REALTY PR REPORT - MARCH 2024 (ENGLISH)

4/1/24, 1:53 PM Dubai Land Department establishes first phase of strategic partnerships to support ‘Dubai Real Estate Programme’ – The Gulf Time…
professionals and facilitating their roles in the real estate sector. It involves designing and implementing
supportive, high-quality projects through cooperation between the Dubai Land Department and real estate

sector partners in the emirate. Efforts will be made to allocate a 10 – 15 percent quota of their projects to be
sold through Emirati brokers.
Additionally, it aims to contribute to empowering national talents by providing job opportunities within the

second party in accordance with existing labour laws.
Marwan bin Ghalita emphasised the significance of this alliance and its contribution to realising the

objectives of the Dubai Real Estate Brokers Programme. Launched to increase citizen participation in the
real estate market, the program aims to incentivise their involvement in real estate activities, thereby
enhancing their engagement in one of Dubai’s pivotal economic sectors: the real estate industry.

He said, “At DLD, we are committed to implementing the directives of our wise leadership, emphasising the
empowerment of citizens across diverse fields. This commitment is evident in our focus on nurturing and
enhancing national skills, which are integral components outlined in the Dubai Social Agenda 2033 and the

Dubai Economic Agenda D33 initiated by our visionary leadership. We eagerly anticipate collaborating with
our partners in the real estate sector to achieve remarkable outcomes that resonate with the esteemed

position held by the real estate sector in Dubai, both domestically and internationally.”
The agreement also involves collaboration on joint projects with the Dubai Land Department to advance the
real estate sector and foster a culture of innovation and sustainability. Additionally, it entails working with the

DLD to provide guidance, professional training, and support for national talents, attracting them to the
private sector and enhancing their specialised skills to establish their businesses in the real estate market.

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