Rethinking the future of regulation: Dubai to see changes in real estate policies in 2018
Building quality ratings and inspections, an ‘improved’ rental index, and a new affordable housing policy – the Dubai Land Department says it is rethinking the future of regulation in the emirate of Dubai and is planning to implement several new initiatives next year.
“We are rethinking the future of regulation, (and) I’m wishing that 2018 will be a great year,” Mohamoud Hesham El Burai, CEO, Dubai Real Estate Institute Development, Dubai Land Department, told Thomson Reuters Projects, in an interview last week.
He was speaking on the sidelines of the Urban Thinkers Campus event in Dubai, a brainstorming session focused on the future of cities.
The changes expected in 2018 include:
- Rental index revamp
- Affordable housing incentives
- Quality inspections
Comments
Post a Comment