Dubai Land Department Forms Alliance to Boost Real Estate Promotion

The Dubai Land Department (DLD) has introduced a new real estate alliance under the umbrella of its strategic initiative, ‘Real Estate I’, part of the broader Dubai Real Estate Promotion Strategy. This significant move includes a memorandum of cooperation signed with four prominent developers in the emirate: Danube Properties, Imtiaz Developments, MAG Lifestyle Development, and Fakhruddin Properties Development.

Key Partnerships with Leading Developers

His Excellency Eng. Marwan Ahmed Bin Ghalita, Director General of the DLD, formalized the agreements by signing two memoranda of cooperation with Rizwan Sajan, Chairman and Founder of Danube Group, and Masih Imtiaz, CEO of Imtiaz Developments. These partnerships aim to drive innovation and transparency in the local property market.

Further Agreements to Propel Dubai Real Estate Strategy 2033

In a parallel effort, Majida Ali Rashid, CEO of the Real Estate Development Sector at DLD, signed separate agreements with Talal Moafaq Al Gaddah, CEO of MAG Lifestyle Development, and Youssef Fakhruddin, CEO of Fakhruddin Properties. These collaborations are part of the ongoing efforts to activate the Dubai Real Estate Strategy 2033, focusing on long-term growth and sectoral development.

Enhancing Public-Private Sector Collaboration

This initiative is rooted in the UAE’s vision to foster stronger ties between the public and private sectors. By encouraging integration and strategic alignment, the alliance seeks to ensure a sustainable and investor-friendly real estate ecosystem in Dubai. The partnership also supports national objectives to position Dubai as a premier global investment destination while encouraging economic diversification and foreign direct investment.

Expanding Investment Opportunities

His Excellency Eng. Marwan Ahmed Bin Ghalita said, “The real estate sector is a fundamental pillar of Dubai’s sustainable development framework. Guided by the vision of our wise leadership, we continue to strengthen collaboration with our private sector partners, who have consistently demonstrated their commitment and readiness to create new investment opportunities and solidify Dubai’s position as a global destination of choice for living, working, and visiting. This cooperation agreement represents a significant step in our ongoing efforts to promote the real estate sector through diverse platforms and launch innovative initiatives that support investors and enhance market vitality.”

He added: “This strategic collaboration reflects the strong confidence that real estate developers have in Dubai’s ambitious vision. It also provides a platform to showcase the emirate’s diverse real estate landscape, encompassing residential, commercial, and hospitality projects and specialised developments in the industrial, educational, and technology sectors.”

Joint and Intensive Efforts

Majida Ali Rashid said, “This collaboration will enhance investment inflows into Dubai’s real estate market and boost its global competitiveness, fully aligning with the strategic vision of the Dubai Land Department to position the emirate as a global leader in real estate investment. We aim to drive Dubai’s journey toward a more prosperous future through strategic partnerships. As part of this agreement, Dubai Land Department is committed to organising and supporting international events and exhibitions, providing comprehensive data and insights on real estate opportunities in Dubai, and launching promotional campaigns across media channels and social platforms to strengthen Dubai’s presence in the global real estate market.”

Commitments to Transparency and Investor Incentives

Under the terms of the cooperation, participating developers will provide clear, verified information on their registered projects—covering pricing structures, project timelines, and financing solutions. In addition, they will introduce exclusive incentives aimed at international investors, including flexible payment options and other tailored benefits, all aligned with the regulations and quality standards set forth by the Dubai Land Department.