Search SaudiArabiaPR.com

Home >> Government, Legal & Humanity

Ajman confident in reinforcing its position in the Middle East's real estate investment map

Thursday, April 20, 2017/ Editor -  

Share

Home >> Government, Legal & Humanity

Ajman, April 20, 2017- The Department of Land and Real Estate Regulatory has revealed its participation in the coming Riyadh Real Estate & Urban Development Exhibition 2017 (Restatex Riyadh 2017), the largest annual Real Estate event of its kind in the Kingdom of Saudi Arabia, which will be held from April 23 to April 26, 2017 at the Riyadh International Convention & Exhibition Center. During their participation, Department of Land and Real Estate Regulatory will be showcasing potential investment and growth opportunities in the emirate's real estate segment--while also throwing the spotlight on Ajman's growing reputation as an ideal real estate investment destination.

His Excellency (H.E.) Yafea Al Faraj, Director General, Department of Land and Real Estate Regulatory, said, “We have placed top priority in the efforts to improve and further advance the real estate segment of Ajman, which is part of the move towards sustainable development and economic diversification--keeping in line with the objectives of Ajman Vision 2021. Our presence at Restatex Riyadh 2017 represents our commitment to reach out to real estate investors and developers from Saudi Arabia; urging them to consider potential opportunities in Ajman's real estate market.”

H.E. added, “Ajman's real estate market stands at the threshold of a new phase of development, which is right in the midst of the emirate's surge in tourism, construction and infrastructure projects--all forming a friendly environment for foreign direct investments (FDI). It is without a doubt that these new projects will help boost Ajman's position as a favorable investment haven for the region. Restatex Riyadh 2017 will allow us to attract more Saudi investors to Ajman. In fact, our records show that 1,109 registered land and properties in the emirate are owned by Saudi nationals--representing a key value of AED 800 million.”

For the four-day exciting show, Department of Land and Real Estate Regulatory will be setting up a pavilion showcasing the latest and most significant developments and trends in Ajman. The pavilion will also help Saudi investors be more familiar with investment processes, incentives and facilities that will be made available for them when they invest in the emirate. Lastly, the department will also be placing focus on innovation and sustainability, especially in the move to digitalize contact information of Saudi owners; implement innovative solutions for the free zone ownership process and adopt more sustainability-based standards in its investment projects.   


Previous in Government, Legal & Humanity

Next in Government, Legal & Humanity


Home >> Government, Legal & Humanity Section

Latest Press Release

Eid Al Fitr 2017

New Collections at Grand Optics - Summer 2017

Celebrate This Eid by Honouring your Loved Ones with a Special Gift

Make a Statement with MAKE UP FOR EVER's New Artist Liquid Matte Lipsticks

IKEA Reveals Hidden Shortcuts as Father's Day Gift

Purificacion Garcia Opens News Stores in Riyadh and Doha

Saudi Vision 2030 on the Agenda for Inaugural HR Tech Saudi Summit 2017

Burj Rafal Hotel Kempinski conducting various charitable activities

LG G6: The Ideal Summer Vacation Companion

Skyline University College Conducted Health and Wellness Program

Montblanc increases presence in Saudi Arabia with new boutique in Riyadh's Panor ...

Two Crowned Winners of Arab Reading Challenge in Saudi Arabia.

Paris Gallery Opens in Al Hamra Mall, Riyadh, A signature shopping experience

Cook Smart with LG this season

First SUC Regional Workshop on Open Source in Technologies for Libraries

MoU between the Islamic Development Bank Group and the Chamber of Commerce and I ...

Skyline University College Iftar Dinner and Cricket Match for 200 Sharjah Labore ...

Abu Dhabi hosts The Maritime Standard Ship Finance and Trade Conference 2017

Sony Mobile Xperia XZ Premium features in Arab star Fares Karam's new music vide ...

Saudi Arabian Ministry of Commerce seizes fake printing supplies for HP printers ...