Government

Dubai Land Department (DLD) welcomed a US real estate delegation yesterday comprising several governmental and private institutions in response to an invitation sent to brokers, developers, licensed real estate agents, and a large number of investors to visit Dubai. The visiting delegation included more than 150 real estate agents and 11 investors who will review the investment opportunities offered by Dubai and its exceptional investment climate.

Abu Dhabi Fund for Development (ADFD), the leading national entity for international development aid, today signed a US$10 million (AED36.7 million) concessionary loan agreement with the Government of Mauritius to fund a solar photovoltaic (PV) kits project.  

Dubai Land Department (DLD) identified an increasing demand on its various applications. DLD monitored the activity of its customers, the number of times customers downloaded DLD applications on Android and iOS platforms. The monitoring included DLD’s various applications: Dubai Brokers, Dubai Rest, Dubai Land Department, Ejari, Mashrooi, Rental Disputes Center, Smart Investment Map, and Dubai Real Estate Market (eMart).

Cooperation between different customs departments and good planning have led to thwarting an attempt to smuggle large number of Captagon pills at Jebel Ali & Tecom Customs Center, just a few days before 2019 unfolds.

Dubai Land Department (DLD) recently signed a banking solutions memorandum of understanding (MoU) with Abu Dhabi Islamic Bank (ADIB) for the transaction services of the ‘Tarweej’ real estate promotion initiative. The agreement was signed by HE Sultan Butti bin Mejren, Director General of DLD; Philip King, Global Head of retail banking at ADIB; and Tariq Abdullah Ahmad, Head of Home Finance at ADIB, in the presence of Majida Ali Rashid, CEO of the Real Estate Promotion and Investment Management Sector at DLD.