The Dubai Land Department launched yesterday the "My Home" initiative. This initiative comes within the framework of the strategic partnership between the public and private sectors, in order to develop the real estate market in the Emirate of Dubai. The launch of this initiative under the patronage of Dubai Land is part of its vision to provide the best real estate services with the highest standards of transparency and professionalism, ensuring a pleasant experience for customers from different segments to choose the most suitable property through a "home calculator".
Home Calculator displays all properties that match the solvency of the client with preferential options, when the customer records current and monthly savings, including location, space, and other considerations. Home Calculator offers the first search mechanism that is based not only on the current financial position of the client, but also on monthly saving capabilities. The calculator can be accessed through the e-link.
In his address, the Director General of the Dubai Land Department, Sultan Buten Majran, expressed his pleasure at this cooperation and providing the necessary support and care for the initiative, which will have positive repercussions on the real estate sector. "We have found this initiative as one of the most important tools that will help us achieve our corporate goals. We will continue our efforts to develop partnerships and cooperation with the private sector to work together to create an attractive global investment environment, , By creating the right climate for real estate investors, and continue to strive to enhance the contribution of the real estate sector to the overall development of the emirate. "
Dubai-based real estate investment promotion and management, Magda Ali Rashid, said that the "My Home" initiative aims to provide real opportunities for UAE nationals of all nationalities and enable them to purchase suitable homes for their needs. "This innovative initiative has been based on the fact that real estate companies and the emirate's investment landscape are proving that anyone can buy the right home, find a home finance plan, or even start saving to get ready to buy a property. "Our sponsorship and support of this initiative proves that we at Dubai Land and Property Department welcome all ideas and proposals that contribute to highlighting the attractiveness of our real estate market and motivate investors of all categories to enter the market according to their investment needs and aspirations."
It is noteworthy that the initiative "Home" is working to provide exceptional opportunities for real estate for young people from government and private employees commensurate with the monthly income of employees, and takes into account their needs and aspirations of the future, which enhances their culture of savings, and supports their investment decisions. Therefore, the MESALI team is holding awareness workshops on financial management and real estate investment. The team can communicate and coordinate with the team to determine the most appropriate time for holding such workshops.
The launch of the 'My Home' initiative coincides with Dubai's diverse real estate properties, and the availability of premium payment plans, making real estate investment a real opportunity, especially since the time that separates us from the world-renowned Expo 2020 is very close. In addition, this initiative aims to contribute to the values of "Year of Tolerance", where leading developers meet under one umbrella to create real opportunities for working cadres. To achieve this, leading property developers will offer flexible payment plans, as well as neutral and transparent home equity savings programs and advisory services.