GoDubai
  
  
  
  
Citylife > Press Release
  Home Contact us Add to Favourites
Most Recent Postings
More Press Releses
Featured Sections

Event Finder
A daily roundup of exhibitions, promotions and other events in Dubai and the rest of the Emirates.
Submit an Event
Latest Dubai Press Releases >> Real Estate and Retail

 
  Share

Ajman, April 24, 2017- The Department of Land and Real Estate Regulatory of Ajman is participating at this year's edition of the Riyadh Real Estate & Urban Development Exhibition 2017 (Restatex Riyadh 2017), the largest annual Real Estate event of its kind in the Kingdom of Saudi Arabia (KSA), at the Riyadh International Convention & Exhibition Center. The event is being attended by leading decision makers, officials and executives from top Saudi, regional and international real estate developers. During their presence at the event, the Department of Land and Real Estate Regulatory of Ajman will be showcasing potential investment and growth opportunities in the emirate's real estate segment--complementing its commitment to improve the emirate's investment environment and encourage the entry of more foreign direct investments (FDI) while also keeping in line with the economic diversification process and comprehensive development advocated by Ajman Government and the entire UAE.  

The Department of Land and Real Estate Regulatory of Ajman will be highlighting the potential investment and growth opportunities of its local real estate sector while also presenting its latest achievements in its move towards adopting green building standards and the promotion of a culture of innovation and creativity across free zone ownership. 

The Department of Land and Real Estate Regulatory of Ajman has expressed its continuous commitment to attract real estate investors and venture capitalists from all over the GCC region, particularly Saudi Arabia, urging them to invest in real estate development projects. 

As of the first quarter of 2017, the department has already recorded around 17 projects and 103 towers in Ajman. At present, there is a notable surge in demand for real estate property in Ajman from investors coming from more than 66 countries across the world-- resulting in around AED 734 million worth of real estate dispositions during the same reported period.

His Excellency (H.E.) Yafea Al Faraj, Director General, Department of Land and Real Estate Regulatory of Ajman, noted that the department's participation at Restatex Riyadh 2017 falls in line with the country's unified efforts to attract GCC investments, which is considered to be one of the key drivers of economic, social and cultural growth in the UAE. 

“Real estate development is one of the most appealing and rapidly growing industries in the region. Of the many investors looking into the industry, investments coming from Saudi Arabia claim a large share of the local real estate market. In fact, our records show that 1,109 registered land and properties in the emirate are owned by Saudi nationals--representing a key value of AED 800 million. Restatex Riyadh 2017 serves as a strategic platform for us to come face-to-face with potential investors to keep them informed of the latest emerging trends and accelerating developments in the local industry considering the continuous efforts to transform to an economy based on sustainability, diversification, and innovation. We are all confident that a large turnout of real estate investors and developers in the exhibition will pay a visit to our pavilion, which is showcasing the latest and most significant developments and trends in both Ajman and the UAE's real estate market,” concluded the Director General. 



Posted by : GoDubai Editorial Team
Viewed 6472 times
Posted on : Monday, April 24, 2017  
Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of GoDubai.com.
Previous Story : Falconcity of Wonders Expresses Full Support to Ebdaat Craft Cooperative Society Dubai
Next Story : Upcoming Abu Dhabi Development Takes Centre Stage During Cityscape Abu Dhabi for RAK Properties
Email this article Print this article

Share this article with your friends and followers
NewsVine

Comments

Back to Top  
Most Viewed Press Release posted in the last 7 days
Purely Pandora Classics With a Twist
Tryano Launches Elemis
Festive Gifting Guide
New 1948 Seamaster Watches Join the Ranks
Add a festive sparkle to your eyes with Palladio Beauty
The Geo-Graham Orrery Tourbillon presents a galaxy you can reach out and wear Ge...
Amp up your skincare routine with The Organic Pharmacy's new corrective serums
Parmigiani Fleurier, new Friends of the Brand – ice-hockey superstar, Evgeniy Ma...
Hour Choice presents Coach Park Collection
Certina DS PH200M collection
Joyalukkas brings joy to hundreds around the world with gold bar giveaway this f...
Tissot T-Race Marc Marquez
LACOSTE presents its new Legacy collection
Oh So Heavenly! Bath Sets from Glambeaute.com that make a great gift this festi...
Sawalef Perfumes is now available at Mirdif City Centre
Souq.com's Biggest Ever White Friday Sale
Introducing Nokia 3.1 Plus to the UAE
Introducing the GUESS Holiday 2018 Collection
The Custodian of the Two Holy Mosques King Salman bin Abdulaziz honored Huawei w...
Zoho launches its cloud accounting software in Bahrain
The Ultimate Festive Guide For Little Ones
Puma Launches RS-X Toys
Kors Dubai: Michael Kors Celebrates A New Middle East Flagship Store and Specia...
Department of Culture and Tourism – Abu Dhabi Organises ‘Herfaty' Programme in A...
Puma Drops Cali in New Colorway
Jameel Arts Centre, Dubai opens with an ambitious set of exhibitions and program...
Jaguar F-Type Rally Cars Celebrate 70 Years of Sports Car Heritage
Superhero Color Runners Prove We Are All Unstoppable!
Alstom delivers first Dubai metro trainset on time
Audi Innovation Award Winner Announced at Dubai Design Week
Discovering the power of Accessorizing with Rebecca Minkoff
Special Olympics Will Create a Legacy of Inclusion Through Art
Celebrate a Month-long Festive Feast at Swissôtel Al Ghurair
Mademoiselle Longchamp
XTouch New XBone Bone Conduction Headphone Brings Safe and Convenient Experience
Turkish Airlines reached 83.4% Load Factor in October
Celebrated singer and songwriter Atif Aslam set to perform at BOLLYWOOD PARKS™ Dubai
Roda Hotels and Resorts named front-runner and pioneer of the regions hospitalit...
HE Abdulla Ali Bin Zayed Al-Falasi officially opens HR Summit & Expo 2018
Al-Futtaim Honda launches ‘The Great Escape' promotion
Ministry of Tolerance takes initiatives to promote and spread tolerance, coexist...
Huawei wins the First Place Prize of the King Khalid Responsible Competitiveness...
World Tolerance Summit gears up for its first staging
The Fourth Edition Of Dubai Design Week Is Now Open!
Shop, Stay and Unwind at Swissôtel Al Ghurair This UAE National Day
UAE nursery chain wins Global Award for Sustainability
Win Big this Winter with UAE Exchange
Dragon Mart gears up for a spectacular three-day Oman National Day celebration
Get ready for the great outdoors with Dragon Mart's Al Bawadi Camping Market
Minister of Community Development salutes Dubai Women's Triathlon participants