Gulf property jan18 lr

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DLD launches Cube – onestop service centre

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ubai Land Department said, it has launched the Cube, a one-stop shop that brings 15 different types of public services under one roof for investors and customers that reduces procedures in one day instead of 10. The Cube, a new customer service centre, is located on the third-floor of its headquarters, to provide real estate investors with exceptional services. The Cube has been established in collaboration with a number of key partners including the General Directorate of Residency and Foreigners Affairs in Dubai, the Dubai Police General Command, the Dubai Health Authority, the Department of Economic Development in Dubai, and the Federal Authority for Identity and Citizenship. “In line with the vision of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai, the Dubai Land Department is upgrading its services to nese brokerage firm UC Forward by Dubai Land Department, signed in September 2017 and reflects Dubai Land Department’s pro-active drive to attract more foreign investment into the Dubai real estate market where increased deliveries could create a potential housing glut in the next few years. Developers are delivering around 55,000 homes between 2017-18 while more and more projects are being

reach a seven-star level. The department is keen to satisfy its customers and meet the aspirations of investors by providing them with the very highest standards of service. The Cube project also contributes to positioning Dubai as the best place to live and work, attracting foreign capital, and encouraging direct and indirect investment in support of Dubai’s economy,” a statement said. Majida Ali Rashid, Assistant Director-General and Head of the Real Estate Investment Management and Promotion Center at Dubai Land Department, commented: “We have established Cube In line with the directives of our wise leadership to further develop our services. We will achieve this through our continuous efforts to provide the highest quality services to real estate investors in one location, allowing them to complete all of their procedures easily and conveniently. The project is aligned with our future strategy and our vision to make Dubai an innovative and sustainable global real estate environment, as well as the happiest city in the world, thanks to its intelligent and accessible services. “This initiative is a major initiated. Aziz Developers has launched two masterplanned communities – Azizi Riviera and Azizi Victoria – with a combined development value exceeding Dh37 billion involving more than 40,000 homes to be delivered in the next three years. With sound regulatory environment, Dubai’s real estate market is well-poised for fresh foreign investment as investor protection scheme in Dubai is almost air-tight. The new agreement will

step in our approach to providing all real estate services in a way that ensures an easy and efficient investment experience for our customers. As Cube provides all services for all official entities under one roof, we are confident that it will achieve its objectives, the most important of which is providing unprecedented levels of service to customers who wish to benefit from Dubai’s unique investment environment.” The Cube reduces both effort and time for real estate investors by providing all services in one location, rather than the previous 15, and by completing procedures in one working day rather than the previous 10. The centre will include all government and private entities, such as the General Directorate of Residency and Foreigners Affairs, the Department of Economic Development in Dubai, the Federal Authority for Identity and Citizenship and the Dubai Police General Command, as well as medical centres, printing offices and insurance companies. Dubai Land Department was found in May 1960 to establish the most prominent real estate sector in the Middle East and in the world. g enhance real estate promotion in India and encourage greater investment from Indian investors. Q4 Consultants will provide real estate promotion services in India, including customer inquiry services, to attract investment and introduce investors to DLD’s services. The company will also support DLD by participating in real estate promotion exhibitions and workshops organised by the department and its partners in different areas of India.

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Majida Ali Rashid, Assistant Director General and Head of the Real Estate Investment Management and Promotion Center, the Investment arm of DLD, said: “This agreement demonstrates our keenness to strengthen cooperation between a select group of real estate promotion professionals in a number of countries in order to attract local and foreign investors to Dubai. We are confident that our agreement with Q4 Consultants will help us achieve these goals." Deepak Batra from Q4 Consultants added: “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. “As a result, they will become familiar with Dubai’s investment climate, how it works, and the attractive opportunities it offers. We look forward to creating a platform where Indian real estate investors feel welcome, safe and protected." Dubai Land Department has recently concluded a number of international roadshows to promote inward investment in Dubai’s real estate. g Gulf Property

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