Dubai - Mubasher: Dubai Land Department (DLD) has signed a strategic partnership agreement with India's Q4 Consultants, DLD said in a statement on Sunday.
The agreement was signed by Sultan Butti bin Mejren, director general of DLD, and Deepak Batra on behalf of Q4 Consultants.
Under the new partnership, the Indian company will support DLD to boost Dubai’s position to be the world’s destination for innovation, the statement added.
Moreover, Q4 Consultants will also promote attractive investment opportunities that Indian investors can enjoy in Dubai’s real estate market.
"We place a high priority on the Indian market, especially as Indian investors occupy a leading position among the top three nationalities investing in Dubai each year," said Director General of DLD Sultan Butti bin Mejren.
Large number of Indian investors are looking for exceptional overseas investment opportunities, and Dubai is capable of addressing this demand capitalizing on its diverse investment options and attractive real estate market, he added.
The new agreement flags our keenness to bolster cooperation between a select group of real estate promotion professionals in a number of countries in a bid to lure local and international investors to Dubai, DLD's top official said.
“We will promote Dubai’s real estate investment opportunities while also helping Indian investors to learn about the relevant laws and regulations, and assisting them by using the language they prefer to communicate in," Q4 Consultants' Deepak Batra commented.
Total Indian transactions in Dubai’s real estate market reached AED20.94 billion in the first nine months of 2017 through 7,810 investments carried out by 6,150 Indian investors, DLD’s Real Estate Studies & Research Department reported.
Indian investments valued at AED 14.185 billion, the Department added.
