MAG Signs Agreement with Dubai Land Department, Supports the Dubai Real Estate Strategy
MAG Lifestyle Development (MAG), the leading real estate developer in the UAE has signed a Memorandum of Understanding (MoU) with the Dubai Land Department (DLD) to support its real estate promotion strategy. This collaboration aims to attract foreign direct investment and strengthen the emirate's position as a premier property market. The MoU was signed by Talal Moafaq Al Gaddah, Senior Executive Vice Chairman of MAG, and Majida Ali Rashid, Assistant Director General of the Real Estate Development Sector at DLD, in the presence of senior officials from both organizations.This partnership underscores MAG's commitment to fostering a sustainable and dynamic property market. By collaborating with government entities, it seeks to create new opportunities and drive market growth. Under the agreement, MAG will engage in promotional initiatives to attract major international investors and real estate portfolios. Additionally, the company will showcase diverse projects, including luxury residences, commercial spaces, hotel apartments, second homes, and specialized developments in logistics, industrial, and educational sectors.Through this partnership, MAG will be able to expand its global reach through participating in international platforms, exhibitions, and targeted marketing campaigns.Talal Moafaq Al Gaddah said: "This collaboration reaffirms MAG's commitment to driving investment and enhancing Dubai's global appeal. Public-private partnerships are essential to positioning the emirate as one of the world's most attractive real estate destinations. Our focus remains on delivering exceptional projects that uphold the highest standards of quality, sustainability, and innovation, catering to international demand and aligning with Dubai's long-term vision.'
This initiative is part of MAG's plan to diversify its portfolio and contribute to Dubai's Real Estate Strategy 33 and the Dubai Economic Agenda D33. By adopting global best practices, the company aims to build stakeholder confidence and support Dubai's continued evolution.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Al Bawaba
07-05-2025
- Al Bawaba
Dubai Land Department, MIE Events Collaborate to Unlock New Investment Opportunities at APEX in Miami
Dubai Land Department (DLD) has signed a strategic partnership agreement with MIE Events to enhance Dubai's presence at the international APEX exhibition in Miami and expand its engagement with key global real estate stakeholders. This collaboration supports DLD's efforts to attract foreign direct investment to Dubai through robust regulatory and institutional frameworks, reinforcing the emirate's position as a leading global hub for real estate agreement was signed by Majid Al Marri, CEO of the Real Estate Registration Sector at Dubai Land Department, and David Wang, Chairman - MIE Groups, in the presence of CEOs from both collaboration outlines several key provisions supporting both parties' shared strategic objectives. Under the agreement, Dubai Land Department will promote Dubai's real estate sector as a premier global investment destination by showcasing its opportunities and market strengths. DLD will also work closely with investors and real estate developers to streamline official procedures, including registration, permit issuance, and transactional processes, ensuring an efficient and investor-friendly experience. For its part, MIE Events is responsible for organising events and workshops both within and outside the UAE to showcase the investment advantages of Dubai's real estate market. The company will also support the participation of local developers at the APEX exhibition by providing dedicated platforms to showcase their projects and offering investors the legal and regulatory guidance they need to confidently enter the market. Additionally, MIE Events will prepare regular reports on real estate market trends in Dubai, coordinate site visits for international investors, and support the organisation of forums and bilateral meetings that facilitate the formation of strategic partnerships. Majid Al Marri said: 'This agreement comes as part of our ongoing efforts to solidify Dubai's position as a global hub for real estate investment by strengthening partnerships with key stakeholders locally and internationally. This collaboration represents a strategic step that supports our objectives of attracting foreign investments, fostering sustainable growth in the sector, and providing an enabling environment rooted in transparency and innovation—all in alignment with the ambitious goals of the Dubai Real Estate Strategy 2033.'David Wang said: "The partnership between MIE Groups and Dubai Land Department for APEX 2025 marks a significant milestone in our shared vision to connect global real estate markets. This collaboration highlights Dubai's real estate ecosystem's strength and dynamism and growing influence on the international investment landscape. APEX 2025 will serve as a platform to open new channels for investment, facilitate knowledge exchange, and foster meaningful cross-border engagement."The agreement aims to achieve key qualitative objectives, including expanding the network of international partners, organising specialised dialogue events, and attracting high-level participation from leading real estate institutions worldwide. These efforts will contribute to building a strong knowledge base and enhancing investor awareness of the real estate opportunities available in the emirate. This partnership reflects the Dubai Land Department's commitment to the vision of wise leadership and the strategic direction of the UAE. The UAE aims to ensure sustainable growth in the real estate sector by opening up to global markets and fostering an enabling environment to attract high-quality investments that contribute to the emirate's economic development and societal well-being. © 2000 - 2025 Al Bawaba ( Signal PressWire is the world's largest independent Middle East PR distribution service.
Al Bawaba
10-04-2025
- Al Bawaba
MAG Signs Agreement with Dubai Land Department, Supports the Dubai Real Estate Strategy
MAG Lifestyle Development (MAG), the leading real estate developer in the UAE has signed a Memorandum of Understanding (MoU) with the Dubai Land Department (DLD) to support its real estate promotion strategy. This collaboration aims to attract foreign direct investment and strengthen the emirate's position as a premier property market. The MoU was signed by Talal Moafaq Al Gaddah, Senior Executive Vice Chairman of MAG, and Majida Ali Rashid, Assistant Director General of the Real Estate Development Sector at DLD, in the presence of senior officials from both partnership underscores MAG's commitment to fostering a sustainable and dynamic property market. By collaborating with government entities, it seeks to create new opportunities and drive market growth. Under the agreement, MAG will engage in promotional initiatives to attract major international investors and real estate portfolios. Additionally, the company will showcase diverse projects, including luxury residences, commercial spaces, hotel apartments, second homes, and specialized developments in logistics, industrial, and educational this partnership, MAG will be able to expand its global reach through participating in international platforms, exhibitions, and targeted marketing Moafaq Al Gaddah said: "This collaboration reaffirms MAG's commitment to driving investment and enhancing Dubai's global appeal. Public-private partnerships are essential to positioning the emirate as one of the world's most attractive real estate destinations. Our focus remains on delivering exceptional projects that uphold the highest standards of quality, sustainability, and innovation, catering to international demand and aligning with Dubai's long-term vision.' This initiative is part of MAG's plan to diversify its portfolio and contribute to Dubai's Real Estate Strategy 33 and the Dubai Economic Agenda D33. By adopting global best practices, the company aims to build stakeholder confidence and support Dubai's continued evolution.
Al Bawaba
25-03-2025
- Al Bawaba
Dubai Customs fosters client partnerships with a Ramadan suhoor gathering
As part of its commitment to fostering strong trade relations and enhancing engagement with its key clients, Dubai Customs hosted a special Ramadan suhoor to celebrate the holy month. The event brought together a distinguished group of clients from various sectors and was attended by H.E. Dr. Abdulla Busenad, Director General of Dubai Customs, along with the department's senior leadership. This initiative aimed to reflect the spirit of Ramadan while emphasizing Dubai Customs' appreciation for its clients, who play a key role in its journey toward gathering provided a platform for open discussions, where Dr. Busenad extended his Ramadan greetings to the attendees and spoke about enhancing future collaboration and creating a business environment built on trust and highlighted that true growth can only be achieved through strong and lasting partnerships with clients. Dubai Customs is committed to creating sustainable dialogue platforms such as the Dubai Customs Advisory Council, which provides a space for clients to share their suggestions and ideas. These discussions drive ongoing improvements to customs services and align with Dubai's economic development plans, including the "We the UAE 2031" vision and the Dubai Economic Agenda Busenad also reaffirmed Dubai Customs' role in supporting trade and investment and strengthening Dubai's position as a leading global hub for business and logistics. Guided by the UAE's leadership, the department works to create a competitive and attractive business environment for investors and companies. Clients are at the center of Dubai Customs' strategy, as their engagement and feedback contribute to the continuous improvement of customs services. By understanding their needs and expectations, the department can develop smart and innovative solutions that enhance their experience and support their business Al Ghaffari, executive director of the human resources sector at Dubai Customs, also spoke about the department's strong relationship with its clients. He emphasized that long-term success is built on close cooperation, which helps create an efficient, transparent, and seamless customs experience. Dubai Customs continues to leverage its advanced infrastructure and smart customs services to streamline trade operations and boost Dubai's competitiveness in the global economy. Strengthening client relationships through innovative solutions, simplified procedures, and a flexible business environment remains a top priority. This commitment has contributed to a 47% increase in customs transactions in 2024 compared to the previous year. Dubai Customs regularly organizes such events as part of its strategy to build lasting partnerships and support growth, innovation, and leadership in the customs and trade sector. © 2000 - 2025 Al Bawaba ( Signal PressWire is the world's largest independent Middle East PR distribution service.
