Medallion Associates Teams Up With Dubai Land Department To Attract More British Investors To Dubai
Dubai Land Department (DLD) partnered with the international Promotional Trustee Medallion Associates, the leading real estate consultancy and advisory service provider in the UAE, to generate interest and confidence in Dubai real estate among British and international investors, the partnership was kicked off during the third Dubai Property Show – London, recently organised by DLD in London.
During the Dubai Property Show in London, DLD inaugurated the real estate promotion trustee office of Medallion Associates, which has initiated new partnerships with Sky TV A1 News and Huxley Estate to promote investments in Dubai and bolster media coverage across the UK and Europe through their top three offices.
HE Majida Ali Rashid, CEO of the Real Estate Promotion and Investment Management Sector at DLD, said: “Partnering with Medallion Associates consolidates our mission to promote Dubai’s real estate sector to foreign investors and most notably those from the UK. The heightened interest in Dubai’s real estate is evidence of the Emirate’s appeal and is a result of the investment policies that were put in place by HH Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE, and Ruler of Dubai.”
Masood Al Awar, CEO of Medallion Associates, thanked DLD for its confidence in his company’s support and for its successful efforts in casting the global spotlight on Dubai’s flourishing real estate sector.
Al Awar said: “London and Dubai are both key markets for investors worldwide. As Dubai continues its growth, we would like to contribute to the forging of new and exciting mutually-beneficial partnerships with the UK market through partnership with Huxley Estate knowledge and A1TV exposure in UK and Europe . We are committed to supporting DLD’s international real estate road shows and workshops to strengthen Dubai’s image as a preferred real estate investment destination.”
Medallion Associates is the appointed custodian of DLD’s international real estate promotion efforts. It assists DLD position Dubai as a premier global investment destination and a haven for innovation, trust, and happiness.
Statistics from DLD’s Department of Real Estate Studies & Research reveal that British citizens are the second-highest foreign investors in Dubai real estate. Through its comprehensive services, ranging from development and asset management to private equity placement and advisory & consulting services, Medallion Associates aims to facilitate a higher uptake of Dubai properties from British and other foreign investors.