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Dubai / WAM
The Dubai Land Department (DLD), through its Real Estate Promotion and Investment Management Sector, in cooperation with Strategic Holding, launched the “Invest in Dubai Real Estate” initiative, the virtual destination for the real estate industry and the latest and most prominent real estate promotion initiatives in Dubai.
The initiative is set to unveil interactive features from November 11-20, as it launches its very first virtual edition that will provide a truly unparalleled, intriguing experience for global real estate community. Taking place alongside the International Property Show, Invest in Dubai Real Estate will generate additional networking opportunities for the Dubai real estate market.
In a safe and secure virtual environment, made possible through its partner Events 10X, the event will eradicate all barriers and stimulate connectivity among exhibitors, developers, investors, and other professionals from different parts of the globe.
The event will also offer virtual professional training sessions and relevant educational resources to nurture one’s knowledge about the Dubai real estate market as well as increase awareness of the industry’s winning strategies, latest trends and developments.
“Innovation is an indispensable pillar to shape the future of the real estate industry. Possessing the ability to quickly adapt to varying real estate scenarios, such as using technology to transform the future of the industry, is a necessity to stay resilient and gain a competitive edge in international markets.
The DLD has played a crucial role in adapting to and promoting innovation and using Artificial Intelligence because we are consistently seeking approaches that would strengthen Dubai’s reputation as a role model for smart cities in the world,” stated Sultan Butti bin Mejren, Director-General of DLD.
More importantly, Invest in Dubai Real Estate will leverage innovation to showcase Dubai as an attractive investment destination to local and international investors. Through virtual reality, event participants will enjoy a unique, immersive and interactive experience as they explore the city’s world-class infrastructure, cultural hotspots, business hubs, and other remarkable features that will further highlight Dubai and its reputation as an ideal investment destination.
“The real estate sector is a great contributor to the growth of Dubai’s economy. Dubai Land Department will continue to strengthen the emirate’s leading position as a safe, secure and investment-friendly city through this distinct initiative. We will take advantage of this virtual platform to attract more real estate investments and maintain Dubai’s status as a global investment hub,” stated Majida Ali Rashid, CEO of the Promotion and Real Estate Investment Management Sector at DLD.
According to the data revealed by Financial Times’ ‘fDi Markets,’ Dubai has maintained its leading position among the top three investment destinations globally this year as foreign direct investments continue to flow into the city despite the pandemic, attracting a projected capital of AED12 billion during H1 2020.
The event will also offer virtual professional training sessions and relevant educational resources to nurture one’s knowledge about the Dubai real estate market as well as increase awareness of the industry’s winning strategies, latest trends and developments.
Dubai’s leading real estate developers will benefit from their distinct virtual spaces to showcase their best projects. Visitors from different parts of the world will also have the opportunity to explore key Dubai ventures and attractions.