Real Estate

The Department of Land and Realty Regulatory has exposed its engagement in the coming Riyadh Real Estate & Urban Growth Exhibition 2017 (Restatex Riyadh 2017), the largest yearly Realty event of its kind in the Kingdom of Saudi Arabia, which will certainly be held from April 23 to April 26, 2017 at the Riyadh International Convention & Event Center. Throughout their engagement, Division of Land and Realty Regulatory will be showcasing potential financial investment and development chances in the emirate's property segment - while likewise throwing the limelight on Ajman's growing reputation as an excellent real estate investment destination.

His Excellency (H.E.) Yafea Al Faraj, Director General, Division of Land and Property Regulatory, said, "We have placed put top concern in the efforts to boost and more breakthrough the realty segment of Ajman, which belongs to the relocation towards sustainable growth and financial diversification - keeping in line with the goals of Ajman Vision 2021. Our presence at Restatex Riyadh 2017 represents our dedication to connect to real estate investors and programmers from Saudi Arabia; prompting them to consider potential possibilities in Ajman's real estate market."

H.E. included, "Ajman's realty market stands at the threshold of a new phase of growth, which is best in the midst of the emirate's rise in tourism, construction and facilities projects - all creating a friendly setting for international direct financial investments (FDI). It lacks a doubt that these brand-new jobs will assist increase Ajman's position as a favorable investment sanctuary for the region. Restatex Riyadh 2017 will allow us to draw in even more Saudi capitalists to Ajman. In fact, our documents reveal that 1,109 authorized land and properties in the emirate are owned by Saudi nationals - representing a key worth of AED 800 million."

For the four-day amazing program, Division of Land and Real Estate Regulatory will be establishing a structure showcasing the most up to date and most considerable developments and trends in Ajman. The structure will also assist Saudi capitalists be much more acquainted with investment procedures, motivations and centers that will be offered for them when they buy the emirate. Lastly, the department will likewise be putting focus on innovation and sustainability, especially in the move to digitalize call information of Saudi owners; carry out innovative solutions for the totally free zone ownership process and adopt even more sustainability-based standards in its investment projects.

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