Sheikh Hamdan examines plans to enhance Dubai real estate and create $2.72 billion in private sector agreements per year.


Sheikh Hamdan bin Mohammed, Dubai’s Crown Prince, and Sheikh Maktoum bin Mohammed, Dubai’s Deputy Ruler, have reviewed the Dubai Municipality’s (DM) and Dubai Land Dept’s (DLD) thorough restructuring plans, which will include boosting property investments and broadening growth opportunities through public-private partnerships.

The Dubai Land Department’s restructuring plan aims to boost the emirate’s real estate sector’s competitiveness and increase operational efficiency by 20%.

In the next years, the strategy, which aims to boost real estate investment and strengthen governance, will contain a key goal to make the emirate one of the world’s top cities in several real estate market metrics, such as safety and transparency.

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