Dubai’s Real Estate Appeal
The Dubai real estate market continues to attract a diverse range of investors and buyers, thanks to its conducive business environment and promising rental returns of at least 7-8%. This favorable climate has positioned Dubai as a top destination for real estate investments globally.
Strategic Partnership with Dubai Land Department
In a bid to further strengthen the real estate sector, Binghatti Developers has signed a strategic agreement with the Dubai Land Department (DLD). This partnership aims to support the ‘Dubai Real Estate Broker Program’, which seeks to enhance Emirati involvement in the real estate industry by creating job opportunities and fostering skill development.
“Our collaboration with the DLD aligns with our objectives to enhance integration between the private and public sectors. We are committed to contributing to the goals of the Dubai Real Estate Broker Program,” said Muhammad BinGhatti.
Boosting Emirati Roles and Real Estate Education
To promote greater Emirati participation in the real estate sector, Binghatti Developers will offer special discounts to Emirati investors and flexible payment plans for brokers. These incentives are designed to boost sales and commissions for brokers while making property investments more accessible for Emiratis.
In addition, Binghatti Developers plans to establish a real estate academy within the next year. This academy will focus on providing specialized training to develop skills and knowledge essential for the real estate market, thus fostering a culture of innovation and excellence.
Fostering Sector Growth and Innovation
The agreement between Binghatti Developers and DLD will also support various initiatives aimed at enhancing the real estate industry’s development and promoting a culture of innovation in Dubai. Both parties will work together on projects that create employment opportunities and provide guidance on qualifying for roles within the private sector.
By investing in these projects and initiatives, Binghatti Developers is poised to play a significant role in shaping the future of Dubai’s real estate landscape. With a clear vision and strategic partnerships, the company is set to drive growth, innovation, and competitiveness in the market.
