Dubai Real Estate Connect, a global roadshow initiated by Dubai Land Department, commences in India as its first stop.
In a significant move to bolster its presence in India's real estate market, the Dubai Land Department (DLD) recently organised the 'Dubai Real Estate Connect' event in New Delhi. This initiative aligns with the objectives of Dubai's Economic Agenda D33, which aims to double the size of Dubai's economy over the next decade and drive sustainable growth through innovation and future technologies.
The event brought together leading investors, entrepreneurs, and key decision-makers from India's real estate sector. His Excellency Dr Abdul Nasser Al Shaali, UAE Ambassador to the Republic of India, was present at the event, underscoring the importance of the collaboration.
The strategic pillars of Dubai's Real Estate Connect initiative in India focus on building a robust network and facilitating professional excellence in real estate. These pillars, while not explicitly enumerated for the Indian market, are inferred from DLD's general approach to its real estate programs and strategic efforts.
The key underlying elements include professional training and licensing, institutional collaboration, economic empowerment and Emiratisation, market incentives, and leveraging bilateral trade ties. Through these strategic pillars, DLD aims to strengthen Dubai’s real estate footprint in India while supporting professional standards and market growth.
Professional Training and Licensing involves offering specialized training and official broker licensing for quality assurance. Institutional Collaboration refers to building integrated networks with developers, brokers, and institutes. Economic Empowerment and Emiratisation align with social objectives to empower local professionals and stimulate employment. Market Incentives introduce incentive systems to boost broker engagement and competitive market positioning. Leveraging Bilateral Trade Ties capitalizes on India-UAE trade agreements to enhance real estate investment connectivity.
Integrated digital platforms such as the Dubai REST app were also mentioned as part of DLD's digital transformation initiatives. The DLD delegation included Majida Ali Rashid, Majid Al Marri, Khalifa Al Zeriem Al Suwaidi, and Mohammed Yahya.
Majida Ali Rashid stated that the 'Dubai Real Estate Connect' in India is more than just a promotional event; it is an extension of a vital economic bridge linking two dynamic global markets. Majid Al Marri emphasized that the event represents an extension of a vital economic bridge linking Dubai and India, two dynamic global markets.
Strengthening bilateral partnerships and expanding collaboration between the public and private sectors across Dubai and India is crucial, given India's status as the largest number of foreign investors in Dubai's real estate market. India represents the largest number of foreign investors in Dubai's real estate market, both in terms of the number of investors and the total value of investments.
Through such events, Dubai Land Department seeks to open new channels of international cooperation, reinforce the emirate’s position as a global gateway for investment, and establish the emirate as a model of excellence in real estate service efficiency and sustainable urban development. The 'Dubai Real Estate Connect' initiative is part of the 'Real Estate I' Dubai Real Estate Promotion Strategy and aims to expand the horizons of international cooperation and strengthen investment ties with key global markets, including India.
In addition, DLD highlighted its pioneering digital transformation initiatives, including the Tokenisation Project and the AI-powered Smart Rental Index, at the event. The Dubai Real Estate Strategy 2033 aims to position the emirate among the top three global cities for real estate investment. The initiative is a significant step towards achieving this goal.
- The Dubai Land Department (DLD) organized 'Dubai Real Estate Connect' in New Delhi, an event that brings together investors, entrepreneurs, and key decision-makers from India's real estate sector.
- The strategic pillars of Dubai's Real Estate Connect initiative in India focus on building a robust network and facilitating professional excellence in real estate, including professional training and licensing, institutional collaboration, economic empowerment and Emiratisation, market incentives, and leveraging bilateral trade ties.
- The DLD aims to strengthen Dubai’s real estate footprint in India while supporting professional standards and market growth through these strategic pillars.
- Integrated digital platforms such as the Dubai REST app are part of DLD's digital transformation initiatives.
- Majida Ali Rashid, a member of the DLD delegation, stated that the 'Dubai Real Estate Connect' in India is an extension of a vital economic bridge linking two dynamic global markets.
- India, as the largest number of foreign investors in Dubai's real estate market, both in terms of the number of investors and the total value of investments, is crucial for strengthening bilateral partnerships and expanding collaboration between the public and private sectors across Dubai and India.
- Through such events, DLD seeks to open new channels of international cooperation, reinforce the emirate’s position as a global gateway for investment, and establish the emirate as a model of excellence in real estate service efficiency and sustainable urban development.
- The 'Dubai Real Estate Connect' initiative is part of the 'Real Estate I' Dubai Real Estate Promotion Strategy and aims to expand the horizons of international cooperation and strengthen investment ties with key global markets, including India, and to position the emirate among the top three global cities for real estate investment by 2033.
