As part of its ambitious Dubai Real Estate Strategy 2033, the Dubai Land Department (DLD) has announced a pioneering alliance with four major property developers —
This strategic partnership, dubbed ‘Real Estate i’, aims to strengthen Dubai’s position as a premier global investment destination and enhance the emirate’s thriving realty sector, which has already witnessed transactions exceeding AED 500 billion in 2024.
Eng. Marwan Ahmed Bin Ghalita, Director General of DLD, emphasized that this collaboration represents a significant milestone in Dubai’s journey toward sustainable development. The alliance comes at a time when Dubai’s property market is experiencing unprecedented momentum, with rental yields averaging 7%, significantly higher than other major global cities.
The market has also seen a surge in international investment, with expatriates accounting for 65% of high-end property purchases in 2024.
Under the new agreement, the participating developers will offer exclusive incentives to international investors, including —
- flexible payment plans
- special investment benefits
The DLD will support these efforts by organizing international events and providing comprehensive market insights to potential investors.
Majida Ali Rashid, CEO of the Real Estate Development Sector at DLD, highlighted that this collaboration will showcase Dubai’s diverse real estate portfolio, encompassing residential, commercial, and specialized developments in the following sectors —
- industrial
- educational
- technology
The timing of this alliance is particularly strategic, as Dubai’s real estate market continues to benefit from government initiatives such as —
- the Golden Visa program
- digital transformation efforts
These developments, coupled with the upcoming Expo 2025, are expected to drive further growth in the sector.
This public-private partnership represents a significant step forward in Dubai’s vision to maintain its position as a leading global real estate hub. It combines regulatory oversight with market innovation to create sustainable growth opportunities.
