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Over 9,500 new investors pour in Dhs19b
By a staff reporter October 01, 2018
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DUBAI: Dubai Land Department (DLD) announced that Dubai’s real estate market is consistently sustainable, attracting about 9,500 new investors from 1st January – 31st August 2018 with total value of investments worth more than Dhs19 billion.

Sultan Butti bin Mejren, Director General of DLD, commented: “Dubai’s real estate market acquired a sustainable reputation due to a range of innovative initiatives and proactive solutions that have made it the world’s most attractive investment destination, with the most advanced solutions, applications, and smart services that ensure customer ability to conclude transactions easily, transparently, safely, remotely and at any time.”

Bin Mejren added: “For years we strived to position our real estate market as the preferred choice, in pursuance of the vision of His Highness Sheikh Mohammed Bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai. Our smart solutions played a key role in consolidating Dubai’s position as a preferred investment destination that provides a legislation system that protects investors’ rights, as well as great privileges in recognition of their trust in our real estate market, and for choosing the Emirate as a safe haven for their long-term investments in the real estate market.”

The influx of new investors is evidence of their eagerness to benefit from the opportunities and return on investments guaranteed by Dubai’s attractive real estate market. Bin Mejren stressed that the economic sectors in the Emirate, especially the real estate sector, are in line with the UAE’s Strategy for the Future. DLD considers this strategy as a main principle in achieving Dubai’s development aspirations over the next years.
 

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