Mohammed bin Rashid directs a high committee headed by Maktoum bin Mohammed to control the real estate market

Under the directives of HH Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, the Supreme Committee for Real Estate Planning was formed under the chairmanship of HH Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, Deputy Ruler of Dubai and Deputy Chairman of the Executive Council. The General Assembly of the Executive Council in Dubai, the Department of Land and Property and major real estate developers.

The committee, which comes as a practical and immediate translation of His Highness Sheikh Mohammed bin Rashid’s message at the beginning of the new season, aims to plan the real estate sector, develop a clear and thoughtful strategy to achieve added value for real estate projects in the emirate, and to study the needs of the real estate market comprehensively, and ensure that the real estate projects are not repeated and avoid competition from big developers to small private investors.

Source: UAE Protocol Department Dubai