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Dubai launches virtual “Invest in Dubai Real Estate” initiative

Article-Dubai launches virtual “Invest in Dubai Real Estate” initiative

InvestDubai
An initiative of the Real Estate Promotion and Investment Management Sector at DLD, in collaboration with Strategic Holding

Dubai Land Department, through its Real Estate Promotion and Investment Management Sector, in cooperation with Strategic Holding, launched the ‘Invest in Dubai Real Estate’ initiative, the virtual destination for the real estate industry and the latest and most prominent real estate promotion initiatives in Dubai. The initiative is set to unveil unprecedented interactive features from 11 – 20 November 2020 as it launches its very first virtual edition that will provide a truly unparalleled, intriguing experience for the global real estate community.

Invest in Dubai Real Estate aspires to be the best virtual destination for the industry as it utilises the most advanced virtual technology and a digital platform that will advance upon the real estate industry in Dubai. Taking place alongside the International Property Show, ‘Invest in Dubai Real Estate’ will generate additional networking opportunities for the Dubai real estate market

In a safe and secure virtual environment, made possible through its partner Events 10X, the leader in next-generation online events, the event will eradicate all barriers and stimulate connectivity among exhibitors, developers, investors, and other professionals from different parts of the globe. The aim would be to maximize investment opportunities for the local real estate market, with the ultimate goal of further boosting economic progress and sustainability in Dubai.

“Innovation is an indispensable pillar to shape the future of the real estate industry. Possessing the ability to quickly adapt to varying real estate scenarios, such as using technology to transform the future of the industry, is a necessity to stay resilient and gain a competitive edge in international markets. DLD has played a crucial role in adapting to and promoting innovation and using artificial intelligence because we are consistently seeking approaches that would strengthen Dubai’s reputation as a role model for smart cities in the world,” stated HE Sultan Butti bin Mejren, Director General of DLD.

More importantly, ‘Invest in Dubai Real Estate’ will leverage innovation to showcase Dubai as an attractive investment destination to local and international investors. Through virtual reality, event participants will enjoy a unique, immersive and interactive experience as they explore the city’s world-class infrastructure, cultural hotspots, business hubs, and other remarkable features that will further highlight Dubai and its reputation as an ideal investment destination.

“The real estate sector is a great contributor to the growth of Dubai’s economy. Dubai Land Department will continue to strengthen the emirate’s leading position as a safe, secure and investment-friendly city through this distinct initiative. We will take advantage of this virtual platform to attract more real estate investments and maintain Dubai’s status as a global investment hub,” stated Majida Ali Rashid, CEO of the Promotion and Real Estate Investment Management Sector at DLD.

According to the data revealed by Financial Times’ ‘fDi Markets,’ Dubai has maintained its leading position among the top three investment destinations globally this year as foreign direct investments continue to flow into the city despite the pandemic, attracting a projected capital of AED 12 billion during H1 2020.

This unique, ten-day digital event will feature a vast array of interactive and business-generating activities that will serve as catalysts to inviting more investments to Dubai. Invest in Dubai Real Estate will also feature a virtual exhibition of the latest local real estate projects, workshops, conferences, and networking features, stimulating collaboration that would create enormous and lucrative opportunities across different sectors.

The event will also offer virtual professional training sessions and relevant educational resources to nurture one’s knowledge about the Dubai real estate market as well as increase awareness of the industry’s winning strategies, latest trends and developments. Participants will also have the opportunity to gain in-depth market insights from leading industry experts and professionals in addition to joining interactive discussions regarding new market trends and opportunities in the Dubai real estate sector through IID Webinars; therefore, allowing participants to make informed decisions around their investments.

Dubai’s leading real estate developers will benefit from their distinct virtual spaces to showcase their best projects highlighting unique features and innovations through project presentations to attract potential investors locally and internationally. Visitors from different parts of the world will also have the opportunity to explore key Dubai ventures and attractions, shedding light on its investor-friendly features in the world’s most desired Investment destination.

3D virtual project tours will enable investors to have a 360-degree view of various projects showcased by participating property developers in Dubai. Visitors can also virtually conduct meetings, make business transactions and conclude potential deals through virtual office tours.

Invest in Dubai Real Estate will be an impressive showcase of innovation and transformation through the interactive activities we have prepared for all members of the real estate industry to increase engagement, boost connectivity, and generate business opportunities for the local real estate market. Using a highly interactive and collaborative digital platform makes the event the best virtual destination for the real estate industry.

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