The first edition of the forum was attended by the Dubai Land Department
June 23, 2023 | Staff Reporter | UAE | Real Estate
Dubai’s pioneering experience in the real estate sector was showcased by the Dubai Land Department (DLD) at the inaugural ‘Qatar Real Estate Forum’. Under the patronage of His Excellency Sheikh Mohammed bin Abdulrahman bin Jassim Al Thani, Prime Minister and Minister and Minister of Foreign Affairs of the State of Qatar, who were also present at the event, DLD’s delegation was chaired by His Excellency Sultan Butti bin Mejren, Director General of the Dubai Land Department; Eng. Marwan bin Ghalita, CEO of the Real Estate Regulatory Agency (RERA); Khalifa Al Suwaidi, CEO of Emirates Real Estate Solutions (ERES), and Ammar Abdullah Al Hammadi, Director of the Marketing and Communication Department. The team was invited by the organisers to share its success story and global achievements in the real estate sector and also support the development of the real estate sector in the State of Qatar. The forum also shed light on the challenges faced by the sector in Qatar and discussed its future vision.
His Excellency Sultan Butti bin Mejren, Director General of the Dubai Land Department, commended the organization, the presentations at the forum and the commendable efforts of Qatar in real estate. He also expressed his enthusiasm towards strengthening ties amongst Gulf countries to advance the sector’s comprehensive development. “The knowledge transfer and economic integration between the Gulf countries fosters the desired development for all. The Dubai Land Department is always ready to offer all forms of cooperation and support in various fields of the real estate sector to our brothers in the State of Qatar. Exchanging experiences and best practices reflect positively on our collective efforts and serve our societies and countries on the whole,” he said.
During a special dialogue session titled ‘Governance of the Real Estate Sector’, Eng. Marwan bin Ghalita, CEO of the Real Estate Regulatory Agency, emphasized on the key factors contributing to Dubai’s success. He highlighted the importance of partnership and collaboration with the private sector, enabling its growth, preserving real estate rights, and fostering confidence. During the session on ‘Digital Innovation for a Sustainable Real Estate Industry’, Khalifa Al Suwaidi, CEO of Emirates Real Estate Solutions, showcased Dubai’s experience in proptech. He highlighted how this approach has streamlined numerous governmental and private procedures for property owners and tenants with the help of professionally designed and user-friendly single-window system, developed by highly qualified national professionals. Al Suwaidi emphasized that the smart app, known as Dubai REST, serves as a centralized platform that seamlessly integrates various databases related to the real estate sector under one application. Dubai REST operates under the auspices of the Dubai Land Department, promoting efficiency and convenience for all stakeholders involved.