Tuesday, 02 January 2024 12:17 GMT

Dubai real estate investments prepare for expansion within next 4 years


(MENAFN) The UAE’s Dubai Land Department has started a tactical strategy which targets to place Dubai as a world leader in the real estate investments industry.

In line with a report issued by the news agency WAM, the main mission of the strategic plan is to supply continuous real estate facilities in Dubai, in line with forcing impactful legislation and supplying the needed human capital for the industry to expand and evolve.

The plan, which is going to be forced until 2026, also targets to surge the constitution of the real estate industry to the emirate’s GDP, which is going to in turn have a massive part in supporting Dubai to become one of the highest advanced economies across the whole world.

The WAM report additionally mentioned that the plan is according to five major pillars believed vital for the expansion of Dubai’s real estate industry.

The first pillar is directed at pioneering a real estate model that expands the industries eagerness and sustainability, in line with guaranteeing impactful governance in the industry.

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