DLD promotes Dubai’s position, achievements at Washington meet

Business Bureau, Gulf Today

The Dubai Land Department (DLD) participated in the 20th Land and Poverty Conference which is organised by the World Bank in Washington.  This comes as part of its tireless efforts to strengthen relations with international partners and promote Dubai’s strong position and achievements in the field of land registration and regulation.

As partner in this conference, DLD sent a high-level delegation focussed on presenting Dubai’s bright image as a model for best practices in land, rights conservation, and regulation development in support of the United Nation’s Sustainable Development Goals (SDGs) 2030 that aim to achieve a better and more sustainable future for all and address global challenges.

Sultan Butti Bin Mejren, Director General of DLD, said: “We are proud to have been chosen as the World Bank’s trusted partner and a preferred destination for consultation and programmes that help the region develop real estate regulations and systems.

We affirm our readiness to provide our expertise to brotherly and friendly countries, especially as our Emirate has become a successful model in automation and the preservation of rights.

 The World Bank can benefit from our expertise in helping poor and developing countries and request the participation of DLD’s higher management within the framework of a strategic partnership for the evaluation of developed countries to host the First Arab Land Conference.”

During its participation in this year’s edition, DLD was keen to register a distinguished presence on its international events agenda related to real estate registration systems by participating in panel discussions and presenting views and opinions on the means to develop land registration systems in developing countries as a solution to eliminate many intractable problems, including poverty and hunger as well as a means of promoting basic sectors such as agriculture, real estate, and infrastructure.

The conference held five sessions on land governance, the Dubai blockchain experience, women’s rights to land and real estate, real estate legislation, and a special seminar on the development of the Arab world’s regulations.

Bin Mejren added: “Our primary goal from participating was to present to the world our successful experience, especially as the World Bank’s Conference attracts delegates from across the globe who are keen to share experiences in light of its importance in urban development, organising smart cities, and promoting sustainability.”

DLD’s delegation interacted with several international delegations, succeeded in presenting its outstanding achievements, and participated in several panel discussions.

The delegation also participated in sessions to present DLD’s views and opinions to the participating delegations as well as address its most important achievements in Dubai at the level of real estate registration and regulation.

This in addition to DLD’s significant role in supporting the real estate boom witnessed by the Emirate for nearly two decades, becoming one of the best real estate investment destinations in the world.

The delegation also highlighted DLD’s role in spreading specialised expertise in the GCC and the Mena region, the emerging technology it adopts, property data and privacy, and the model of the legal framework and governance in the UAE for the use of technologies in land management.

The delegation additionally showcased one of DLD’s most important achievements: becoming a leader and pioneer in adopting blockchain technology in land management processes to stimulate innovation in this field.

The conference highlighted the latest research, innovations, and global best practices on land management, which makes it one of the largest international events in the field.

This year’s edition attracted more than 1,500 participants from governments, academics, civil society, and the private sector.

Dubai Land Department (DLD) was founded in January 1960 to establish the most prominent real estate sector in the Middle East and the world. It provides outstanding and integrated services to all its customers while developing the necessary legislation to propel the real estate sector in Dubai through the regulation of the sector, organising and promoting real estate investments, and spreading industry knowledge in search of regional and worldwide real estate innovation.

DLD seeks regional and worldwide innovation in real estate with the aid of its active sectors that include real estate registration services, real estate investment promotions, and corporate support, and with the aid of its active organisations that include the Real Estate Regulatory Agency, the Dubai Real Estate Institute, and the Rental Dispute Centre.