The Dubai Land Department (DLD) and the Ajman Free Zone Authority (AFZA) have signed a group of cooperation set to simplify the roads for colleagues registered in AFZA to ensure property ownership and property of general property, rationalizing the registration process.
The association supports efforts to improve synergy between government organisms.
The agreement was signed by Marwan Bin Ghalita, general director of the land department of Dubai, and Ismail Al Naqi, general director of the Ajman free zone authority in Dubai, and was in senior representatives of both entities.
Real estate from Dubai and Ajman
The memorandum aims to establish a clear legal and regulatory framework to allow companies to integrate real estate active customs under their corporate umbrella, rationalizing the procedures within the established frameworks.
It is projected that this initiative amplifies transparency and investment in catalysis, supported by a firm adhesion to legal and administrative protocols.
The collaborative framework is ready to raise the attraction of investment and the competitive advantage of the main destinations of Dubai and Ajman Ajman within the real estate panorama.
Marwan Bin Ghalita said: “Promoted by a commitment to the evolution of the real estate market, we will constantly begin strategic advances that stimulate investment and encourage a resistant and attractive commercial sphere.
“This memorandum draws a course for the amplified collaboration with AFZA, a synergy that will facilitate our mission of cultivating the real estate market and establishing an attractive investment ecosystem aligned with Dubai’s appearance vision.”
Ismail Al Naqi said: “AFZA REMOINS committed pioneers in inventive solutions that rationalize investor trips and the contribution to raise the EUA investment attraction. This association with the DLD repeators an important leap forward rescued the rescue investments of the re -entering within an integrated system that security insurance investors and provide a vibrant commercial environment.”
This agreement reflects the fundamental strategic principles of the EAU or accelerate economic progress, attracts foreign investment tickets and reinforcing integrated government action.
This alliance will allow more efficient real estate registration procedures and will cultivate greater regulatory adaptability, strengthening the position of the EAU as a distinguished global center for businesses and investments.
