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 5813 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
Bhima Jewellers inaugurates new store in Rolla, Sharjah
Mouawad Acquires The 51.38 Carat Dynasty Diamond From ALROSA
Panasonic's latest LUMIX DMC-TZ220 is the Ultimate Travel Companion
Summer Spirit
Instantly Refreshed Hair with HASK
Joyalukkas brings joy to hundreds around the world with summer gold bar giveaway
How to choose the right mascara
Kaya Skin Clinic's Expertise is pushing the Boundaries of Botox
Tissot Chrono XL NBA Team Collection Sporty Gets Smart
Build Your Perfect Skincare Routine with Essentials from Glambeaute.com
Hour Choice presents Coach Astor Collection
Joyalukkas adds a new destination for jewellery lovers in Al-Balad, Jeddah, KSA
Taresh Al Hashimi's Oud Concert Brings Stories from the UAE's Coast to Brazil
Creating #futureclassic: Swatch Launches Skin Irony Collection
Transform your look with the ‘Perfect Brows'
FALL 2018
Delicious Whole Cakes at Sophie's Café from AED99
13 Emirati Authors Launched into the Portuguese Book Market
Dual Front Camera and Artificial Intelligence Power the Next Generation Super Selfies
Head to Modhesh World for Summer Fun Before the School Run
Ferrari introduces the world's first low-bake paint technology
“The world is thirsty for an Arab superhero"
Huawei Consumer Business Group Announces 2018 H1 Business Results
Favourite florals: Bloom with our top floral picks from bebe
Scuderia Ferrari presents ASPIRE collection
Business Wear by Hugo Boss
This Eid gift your someone special from the Hour Choice Eid Special collections.
Introducing the GUESS Jeans Fall 2018 Collection
Never Run Out of Space for Those Joyful Summer Holiday Memories With Western Digital
The Marriott International cyclist team completes 600km R2A cycle challenge
Carl F. Bucherer Presents Adamavi Collection
Carl F. Bucherer's Global Brand Ambassador Li Bingbing and Her Carl F. Bucherer ...
This Eid gift your someone special from the Hour Choice Eid Special collections
Joyalukkas opens newest showroom in Kuwait at Farwaniya
The Rado HyperChrome Ultra Light
Calligraphy, etching and Palestinian embroidery: Learn it all at Tashkeel this S...
Cerruti 1881 MOLVENO timepiece and cufflinks
‘The Little Things' That Makes Summer All The More Enjoyable
Garment Grooming at its Finest with Champion Cleaners
Dubai Land Department supports strategic alliance between the UAE and China
Sharjah Takes ‘Year of Zayed' Celebrations beyond Borders
MEFMA reaffirms commitment to promote entrepreneurship & innovation across local...
The 2nd Edition of the Phanes Group Solar Incubator set to kick off 7th August 2018
Danube Properties' Dh550 million Lawnz project at International City, sold out i...
Big Android Breakthrough: Huawei's power packed GPU Turbo upgrade will turn you...
Emirates Intellectual Property Association leads unified efforts to promote adop...
The Sharjah Chamber of Commerce and Industry discusses cooperation with Malaysia
du LaLiga HPC Top Talents Arrive in Spain for 21-day Annual Scouting Camp
Hilton Launches New Platform Dedicated to Offering Guests Bespoke, Unforgettable...
Celebrate India's Independence Day with Sparkles of India