Dubai’s real estate industry is buzzing with excitement as His Highness Sheikh Mohammed bin Rashid Al Maktoum, the visionary Ruler of Dubai, takes a decisive step towards shaping the future of the city’s property landscape. With the recent issuance of Decree No. (22) of 2023, Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum has been appointed as the Chairman of the Board of Directors for the prestigious Dubai Real Estate Corporation.
This groundbreaking development heralds a new era for the real estate sector, solidifying Sheikh Maktoum’s commitment to enhancing Dubai’s position as a global hub for real estate investment. As a dynamic leader, his appointment brings renewed vigor, unmatched expertise, and a visionary approach that will propel the industry to greater heights.
The formation of the Board of Directors reflects the Ruler’s emphasis on diversity and excellence. Alongside Sheikh Maktoum, the Vice Chairman, Hisham Abdulla Al Qassim, will lend his invaluable knowledge and experience to guide the Corporation towards achieving its strategic objectives. The Board is further fortified by the inclusion of esteemed members: Mohamed Hadi Ahmed Al Hussaini, Rashid Mohammed Rashid Al-Mutawa, Shuaib Mir Hashem Khouri, Rashid Ali bin Oboud, and Abdulaziz Mohammed Al Mulla. Together, they form an exceptional team poised to lead the real estate industry through innovation and transformative initiatives.
In a parallel decree, Sheikh Mohammed also underscored the significance of legal excellence by appointing Essam Issa Al Humaidan as the Chairman of the Board of Directors of the Dubai Judicial Institute. The diverse expertise of Tarsh Eid Al Mansouri, Dr. Luay Mohammed Balhoul, Dr. Ahmed Eid Al Mansouri, Ahmed Saeed bin Meshar, Abdulmonem Salem bin Suwaidan, and the Director General of the Dubai Judicial Institute will contribute to the development of a robust judicial framework that aligns with Dubai’s unwavering commitment to justice.
The strategic vision outlined in these decrees highlights Dubai’s unwavering dedication to progress and innovation. With Sheikh Maktoum at the helm of the Dubai Real Estate Corporation, the city is set to witness a surge in groundbreaking projects, cutting-edge technology adoption, and a strengthened legal framework that supports the industry’s growth. Investors, developers, and industry professionals can eagerly anticipate a future brimming with opportunities and transformative initiatives.
As the world watches with bated breath, Dubai’s real estate market is poised to scale new heights under the visionary leadership of Sheikh Maktoum. The appointment of the Board of Directors marks a significant milestone, emphasizing Dubai’s position as a global leader in the real estate landscape. As the city continues to evolve, its allure as a thriving metropolis and a beacon for innovation remains unrivaled.
Dubai Real Estate – where the future meets opportunity, and Sheikh Maktoum leads the way. Get ready to embark on a remarkable journey of growth and prosperity in the ever-dazzling city of Dubai.
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