DLD Concludes Participation In 30th MIPIM At Cannes

DUBAI, (UrduPoint / Pakistan Point News / WAM - 17th Mar, 2019) The Dubai Land Department, DLD, participated in the 30th edition of MIPIM, a world leading real estate exhibition, at Palais des Festivals in Cannes, France.

DLD's participation at MIPIM from 12th to 15th March, as a Partner City under the umbrella of the Government of Dubai, underlined its ambitious strategy and comprehensive annual agenda aimed to promote Dubai’s real estate market, support the government's directives to attract foreign direct investment, and support developers.

Sultan Butti bin Mejren, Director-General of the DLD, said, "The MIPIM enabled us to strengthen our extensive promotional plan to promote and develop our real estate sector within the activities of the Real Estate Promotion and Investment Management sector at the DLD. We had already succeeded in highlighting the Emirate’s unique features and its real estate sector with the distinct investment global opportunities it offers, opening our doors for developers to showcase their outstanding projects with high international standards and participate in strengthening the Emirate's position at the global level."

In recognition of its commitment to providing investors, who are seeking to own homes in Dubai, access to Dubai’s market and benefit from the opportunities offered by the integral French market, the Real Estate Promotion and Investment Management sector at the DLD announced the launch of a new real estate promotion trustee office in Paris during its participation in the MIPIM, adding to its current list of international real estate promotion trustees.

The office is expected to open early May 2019 and will serve as a platform for Dubai developers to promote their investment opportunities to French investors and tourists.

The DLD signed a Memorandum of Understanding, MoU, with Florida Realtors, on the sidelines of MIPIM, to enhance cooperation between the two parties in the field of real estate. Through the MoU, Florida Realtors will provide its knowledge and expertise to customers in Florida, Dubai, and around the world.

Majida Ali Rashid, CEO of the Real Estate Promotion and Investment Management sector at DLD, commented, "We are proud to record active participation during the MIPIM, where we were able to achieve the desired results, most prominently in promoting our projects to large crowds of international visitors."