UAE Sets Up Real Estate Planning Committee
Among the strongest backbone of the UAE’s economy is its real estate sector. In line with the aim of the UAE government to ensure a robust growth of real estate in UAE , a new planning committee was set up. A different directive was issued to form a higher Real Estate Planning Committee that would include the following: General Secretariat of the Dubai Executive Council Dubai Land Department Wasl Properties Investment Corporation of Dubai Emaar Dubai Properties Nakheel Meraas and Nshama Meydan Dubai South Dubai Silicon Oasis Authority Dubai Multi Commodities Center The said planning committee was initiated by His Highness Shaikh Mohammed Bin Rashid Al Maktoum, the Vice President and Prime Minister of the UAE and Ruler of Dubai. He commissioned Shaikh Maktoum Mohammed Bin Rashid Al Maktoum, the Deputy Ruler of Dubai, to chair the newly formed committee. There are three primary goals of the Real Estate Committee. These are the following: · ...