The Dubai Council chaired by Sheikh Mohammed bin Rashid has restructured the Land Deparment to raise the real estate sector’s operational efficiency by a minimum of 20 percent
The Dubai Council has approved a comprehensive restructuring of the Land Department in a bid to improve real estate and has launched a set of new development projects to transform the emirate’s countryside into a tourism destination.
The decision were taken during a meeting of the Dubai Council chaired by Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai in the presence of Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, the Crown Prince of Dubai and First Deputy Chairman of the Dubai Council; and Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, the Deputy Ruler of Dubai, Deputy Prime Minister, Minister of Finance, and Second Deputy Chairman of the Dubai Council.
The Dubai Council approved the comprehensive restructuring of the Land Department in order to enhance Dubai’s leadership and competitiveness in the real estate sector and raising operational efficiency by no less than 20 percent, the state-run news agency, Wam, reported.
Sheikh Mohammed said: “We seek to transform Dubai into the world’s best city in the world to live, work and invest. The constant development of government services is vital to achieve this goal and ensure Dubai maintains high levels of global competitiveness.
“We are committed to further enhance government operations in Dubai, so that we can provide the best possible environment for the economy to flourish and ensure the greatest quality of life for citizens and residents.”
Transforming Dubai’s countryside into a tourism destination
Sheikh Mohammed bin Rashid also directed the launch of a new development project for the emirate.
The project seeks to develop the countryside of Dubai, and transform it into cultural, tourist, and environmental destinations.
The initiative will see the development of a number of areas in Dubai, including Al Faqa, Al Lusayli, Al Habab, Al Marmoom, Al Awir, and Margham, among others.
This project will also support a series of development projects to upgrade the level of services and facilities, and to involve the people of these areas in generating economic opportunities.
Future residential neighbourhoods in Dubai
Additionally, the Dubai Council also launched Sheikh Mohammed bin Rashid’s vision for future residential neighborhoods for Emiratis.
The first stage of this initiative will include Al Khawaneej, Al Barsha, Al Mizhar and Hatta areas, in addition to a series of plans that will be announced in the coming months, the state-run news agency, Wam, confirmed.
The Commissioner-General of Infrastructure was assigned to work on submitting final studies and announcing the details within a month.
Dubai Municipality restructured to create $2.72 billion in economic opportunities
The Dubai Council also revealed a new comprehensive structure for Dubai Municipality that supports Dubai’s priorities, future directions, and development plans in various sectors.
The restructuring aims to transform Dubai Municipality into a specialised institution that adopts a private sector mindset to provide high-quality municipal services.
It also seeks to enhance its ability to keep pace with global changes in the areas of environment, climate change, circular economy, and the acceleration of partnerships with the private sector.
The restructuring aims to create economic opportunities worth $2.72 billion (AED 10 billion) within five years, reduce operating costs by 10 percent, and increase the quality of services by 20 percent.
SOURCE: arabianbusiness.com