Latest news with #MajidAlMarri
Gulf Today
13-05-2025
- Business
- Gulf Today
New MOU between Shory and Dubai Land Department brings seamless home insurance to Dubai residents
In a strategic move set to redefine how residents access home insurance in the UAE, Shory , a leading player in the insurtech space has signed a Memorandum of Understanding (MOU) with the Dubai Land Department (DLD) . The agreement was officially sealed during a signing ceremony at the International Property Show, held at the Dubai World Trade Centre, with Shory Group CEO Abdulelah Alghofaili and CEO of the Real Estate Registration Sector at Dubai Land Department Mr. Majid Al Marri. Under the MOU, Shory has partnered with DLD to support delivering insurance solutions that reflect the Dubai government's broader vision for innovation and service excellence. By collaborating with Shory, the Dubai Land Department (DLD) aims to ease the everyday challenges faced by real-estate professionals, individuals and families insuring residential units and homes. 'Dubai has always been a city of bold ideas and transformative digital initiatives,' said Abdulelah Alghofaili, Group CEO of Shory. 'With its unmatched dynamism and forward-thinking governance, I believe Dubai is uniquely positioned to redefine how essential services like insurance are delivered. This partnership with the Dubai Land Department is more than a collaboration - it's a shared vision to make insurance intuitive, accessible and designed for the modern resident.' Shory is a fully online insurtech that currently helps UAE residents protect their home, car, health and pets, offering users a paperless and hassle-free route to instant insurance. Mr. Majid Al Marri, CEO of the Real Estate Registration Sector at DLD, hailed the partnership as 'A natural next step in our mission to create smart government services that align with the Dubai Real Estate Sector Strategy 2033 and Dubai's vision evolving expectations of Dubai's residents. With Shory's technology and customer-centric business model, we're making essential services not just available, but effortless.' Shory is set to drive increased insurance adoption among property stakeholders and support Dubai's broader vision of becoming a global benchmark for smart city living.
Al Bawaba
07-05-2025
- Business
- 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.
Hi Dubai
07-05-2025
- Business
- Hi Dubai
Dubai Land Department Strengthens Global Outreach with MIE Events Partnership
Dubai Land Department (DLD) has signed a strategic partnership with MIE Events to boost Dubai's presence at the APEX exhibition in Miami and deepen ties with key international real estate stakeholders. The agreement aims to attract foreign direct investment by showcasing Dubai's real estate strengths on a global stage. It supports DLD's broader mission to cement the emirate's status as a premier destination for real estate investment, underpinned by a transparent and investor-friendly regulatory framework. Signed by Majid Al Marri, CEO of the Real Estate Registration Sector at DLD, and David Wang, Chairman of MIE Groups, the deal outlines joint efforts to promote Dubai's property market, streamline investor procedures, and provide strategic exposure at international platforms like APEX 2025. DLD will lead efforts to simplify registration and permit processes, while MIE Events will organise events, workshops, and site visits, both within and outside the UAE. The company will also assist local developers in showcasing their projects, offering investors legal guidance, and producing regular market insights. 'This agreement is a strategic step that supports our goal of attracting foreign investment and fostering sustainable growth,' said Al Marri, citing alignment with the Dubai Real Estate Strategy 2033. Wang added that the collaboration marks 'a significant milestone' in connecting Dubai's dynamic real estate sector with global markets through events like APEX 2025. The partnership will also focus on expanding international networks, hosting high-level forums, and raising investor awareness—efforts aimed at strengthening Dubai's global investment appeal and supporting the UAE's broader economic goals. News Source: Emirates News Agency
Zawya
06-05-2025
- Business
- Zawya
Dubai Land Department, MIE Events collaborate to unlock new investment opportunities at APEX in Miami
Majid Al Marri: A strategic step that supports our goals of attracting foreign investments, enhancing sustainable growth in the sector, and providing an enabling environment built on transparency and innovation. Dubai, United Arab Emirates: 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 investment. The 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 parties. The 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.
Mid East Info
30-04-2025
- Business
- Mid East Info
Dubai Land Department collaborates with ‘Dubai Awqaf' to strengthen the competitiveness of the foundation's real estate portfolio
Majid Al Marri: The collaboration reflects our commitment to empowering government partnerships, serving the public interest, and supporting the emirate's vision to be a global model in real estate management. Khalid Al Thani: The collaboration enhances the development of endowment properties to ensure their sustainability and investment in line with best practices. Under the memorandum, 'Awqaf Dubai' properties will be valued and classified according to the Building Classification Project developed by DLD. The Building Classification Project uses five criteria to achieve the highest levels of survey accuracy: engineering and technical standards, sustainability, documentation, health and safety, and management and finance. Dubai, United Arab Emirates, April 2025: Dubai Land Department (DLD) signed a memorandum of collaboration with the Awqaf and Minors Affairs Foundation (Awqaf Dubai). The aim is to develop the properties within the foundation's real estate portfolio and enhance their competitiveness in the emirate's real estate market. This will be achieved through the Department's Building Classification Project, strengthening cooperation across various areas of mutual interest. The memorandum was signed at the DLD's headquarters by Mr. Majid Al Marri, CEO of the Real Estate Registration Sector at the Dubai Land Department, His Excellency Khalid Al Thani, Deputy Secretary General, several division managers from AWQAF Dubai, and several CEOs from both sides. The areas of collaboration under the memorandum include evaluating the properties of the Awqaf and Minors Affairs Foundation and classifying them according to the standards approved by the Dubai Land Department. It also encompasses revaluing the foundation's properties to upgrade their classification following improvements made to the targeted properties. The memorandum also enables inquiry services for all lands and properties belonging to deceased individuals, minors, and those under similar legal status, with access to all related documents. Majid Al Marri said: 'Our collaboration with the Awqaf and Minors Affairs Foundation reflects our ongoing commitment to strengthening partnerships among government entities in the emirate, serving the public interest, and supporting Dubai's vision of becoming a global model in real estate management, including the management of endowment properties. Through this memorandum, we will work on developing and classifying the foundation's properties according to the highest standards, enhancing their competitiveness in the market. We will also provide advanced mechanisms to enable more efficient and transparent management of lands and properties belonging to deceased individuals and minors, which aligns with our commitment to offering innovative services that meet the community's aspirations. This collaboration will foster greater government integration, help us achieve our shared goals of promoting real estate sustainability, and support the national economy fully aligned with Dubai's vision of building a brighter future for future generations.' For his part, Khalid Al Thani emphasised that the collaboration with the Dubai Land Department reflects the Foundation's commitment to enhancing opportunities for strategic cooperation, contributing to inclusivity and sustainability in foundation operations. Al Thani stated that the collaboration represents a step toward unifying joint efforts to provide proactive services and solutions to the Foundation's clients, including endowments and minors. It also strengthens the development and advancement of the Foundation's real estate assets. It supports the competitiveness of its real estate portfolio in the emirate's market by classifying properties according to engineering and technical standards and awarding each building the appropriate star rating it deserves. Al Thani added that, based on this classification, the Foundation will valuate and develop its buildings to ensure their sustainability and investment in line with best practices, while striving to achieve optimal returns in support of the objectives of endowers and minors. He noted that the memorandum will also contribute to establishing a shared system between both parties to facilitate access to endowment property data and streamline various requests, thereby enhancing the quality of services provided and presenting an integrated model of collaborative government work. Under the memorandum of collaboration, designated personnel from the Inheritance Department at the Foundation will be enabled to access Dubai Land Department's Ejari valuation system to verify rental contracts related to deceased individuals, minors, and those under similar legal status. The shared system between the Foundation and the Department will also be enhanced to allow for the issuance of specific orders, such as requests for cancellation studies, registration requests, endowment registration requests, and land valuation requests. In addition, users can view all detailed data related to endowments, including land coordinates and attachments. The system will also be further developed to streamline the process of approving the sale of assets belonging to minors and those under guardianship. It is worth noting that Dubai Land Department's Building Classification Project is based on five key criteria to achieve the highest levels of survey accuracy. These criteria include engineering and technical standards, sustainability, documentation, health and safety, and management and finance. Each criterion comprises a set of questions designed to extract detailed data and to assign each building the appropriate classification based on a star rating system ranging from 1 to 4 stars, with an additional 4+ rating for buildings that meet the highest standards of green sustainability. The classification also considers the available facilities and the quality of the building's maintenance, such as parking, elevators, air conditioning, façade quality, and more. The project offers a wide range of proactive services and solutions to serve real estate sector stakeholders, benefiting various groups, including investors, property owners, tenants, real estate developers, government entities, and private sector companies.
