Dubai Chambers launches Dubai Hub London
DUBAI (ALETIHAD)Dubai Chambers has announced the launch of Dubai Hub London, its first international centre, designed to offer integrated government and private sector services to support international investors and companies seeking to establish operations in Dubai.The new hub aligns with the leadership's vision to position Dubai as a global business capital, providing seamless access to economic, real estate, and legal services under one roof. It simplifies procedures for investors and entrepreneurs while enhancing the emirate's reputation as a business-friendly destination.Supervised by Dubai Chambers and operated by Al Burj Holding as a government service outsourcing centre, Dubai Hub London is a licensed platform that supports Dubai's global economic standing.In its initial phase, the hub will offer services from the Dubai Land Department, Dubai Department of Economy and Tourism, General Directorate of Identity, and Foreigners Affairs, and Dubai Courts.These cover property, licensing, legal, and administrative processes, with plans to expand to additional government entities in future phases.The Dubai Land Department will offer services such as property valuation, data modification, and map issuance. The Department of Economy and Tourism will provide trade name reservations and license issuance, renewal, and amendments. Dubai Courts will offer contract attestation, document translation, signature verification, certificate preparation, and declaration registration.Dubai Hub London will also offer real estate services in collaboration with major property developers from Dubai.President and CEO of Dubai Chambers, Mohammad Ali Rashed Lootah, said the launch reflects Dubai's commitment to supporting investors abroad in line with the directives of the leadership and the Dubai Economic Agenda (D33).He added, 'We are focused on enhancing Dubai's competitiveness and ensuring convenient access to services for our international clients. The launch of Dubai Hub sends a clear message: facilitating business for global investors is our top priority.'Dubai Hub London aims to strengthen ties between Dubai and the UK and create new opportunities for investment. London was selected for the first hub due to its global financial status and access to a broad investor base seeking to tap into Dubai's growing market.Dubai's flexible regulatory framework, advanced infrastructure, and strategic global location have positioned it as a top investment destination. The emirate retained its number one global ranking for foreign direct investment attraction for the fourth consecutive year in 2024, according to the Financial Times' fDi Markets.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Fintech News ME
a day ago
- Fintech News ME
Dubai Land Department, Emirates NBD Launch Joint Studies to Reform Property Registration
The Dubai Land Department (DLD) has signed a memorandum of cooperation with Emirates NBD, a major banking group in the Middle East, North Africa and Turkey (MENAT) region. The agreement sets out a joint framework for regulatory and technical studies aimed at improving real estate transaction registration processes and strengthening the overall efficiency of the sector. The partnership includes two studies. The first will explore ways to optimise the registration process for real estate transactions completed outside the UAE. The second will focus on the development of financial services that can support the registration of real estate sales. These efforts are intended to improve customer experience and provide better support for investors throughout their property transactions. Omar Hamad BuShehab, Director General of the Dubai Land Department, said: 'This partnership marks a significant step toward establishing a shared knowledge base that opens up new horizons for advancing real estate registration services, thereby further strengthening Dubai's position as a global destination for real estate investment. These efforts also align with the objectives of the Dubai Real Estate Strategy 2033, which aims to build a resilient, competitive, and innovation-driven sector that reflects the emirate's status as a global leader in real estate.' Hesham Abdulla Al Qassim, Vice Chairman and Managing Director of Emirates NBD, said: 'Integrated offerings under this collaboration will help enhance the property transaction experience while building greater confidence among market participants, including investors, ensuring Dubai maintains its leadership position in the global real estate sector.' The initiative is in line with the objectives of the D33 Economic Agenda, which aims to position Dubai among the world's top three economic cities. It also reflects ongoing efforts to make the real estate market more attractive to international investors by providing a supportive regulatory framework, encouraging sustainable growth, and improving service delivery.
Hi Dubai
a day ago
- Hi Dubai
Dubai Land Department and Masdar City Sign Deal to Allow Free Zone Companies to Own Property in Dubai
The Dubai Land Department signed a memorandum of cooperation with Masdar City, aiming to enable companies and establishments operating in the free zones under Masdar City to own land plots and properties under the freehold ownership system in Dubai, within a clear and comprehensive regulatory framework. This step is part of Dubai Land Department's efforts to enhance the competitiveness of the emirate's real estate market and expand the investor base by creating new opportunities for free zone companies, in line with the objectives of the Dubai Real Estate Strategy 2033. The MoC was signed by Majid Al Marri, CEO of the Real Estate Registration Sector at DLD, and Ahmed Baghoum, Chief Executive Officer of Masdar City, during an official ceremony held in Dubai, in the presence of several directors from both sides. Majid Al Marri said: 'We continue to expand access to Dubai's freehold market through collaborative models that enhance the integration of the real estate ecosystem across the UAE. Enabling companies registered in free zones to own property in the emirate aligns with our vision of building a more open investment environment that offers diverse ownership options. We consider this a strategic step that adds significant value to the objectives of the Dubai Economic Agenda D33 by diversifying the investor base and stimulating new investment flows that contribute to market growth and sustainability, all in line with our leadership's vision of making Dubai the best city in the world to live and work.' Ahmed Baghoum said: "This initiative highlights Masdar City's commitment to supporting businesses with innovative solutions that address their needs. By simplifying property registration processes for companies operating within Masdar City's Free Zones, we are enabling them to expand their operations seamlessly while contributing to the UAE's long-term growth. This partnership highlights our shared vision with DLD to create a business-friendly environment and reinforces Masdar City's position as a global hub for innovation and investment." Under this memorandum, both parties will collaborate on developing an integrated framework that includes clear eligibility criteria for establishments, along with the legal and administrative procedures required to complete the registration process. The cooperation will also ensure direct coordination between the Dubai Land Department and the Free Zone Authority to simplify and expedite procedures, enable smooth data exchange, and implement an advanced digital system for online applications, request tracking, and document verification, enhancing accuracy and transparency. Additionally, the partnership will provide guidance and support to companies, enabling them to understand the legal and procedural requirements better and ultimately fostering an environment that encourages ownership and investment. This collaboration aims to support companies' expansion plans by providing practical solutions that facilitate their entry into Dubai's real estate market, one of the most dynamic and thriving markets in the region. It also reflects Dubai Land Department's commitment to adopting open policies that enhance market flexibility, support national efforts to attract high-quality investments, and contribute to building a more integrated business environment across the UAE. News Source: Cicero & Bernay Communications
Emirates 24/7
a day ago
- Emirates 24/7
Dubai Land Department, Masdar City Sign Memorandum of Cooperation
Dubai Land Department signed a memorandum of cooperation with Masdar City, aiming to enable companies and establishments operating in the free zones under Masdar City to own land plots and properties under the freehold ownership system in Dubai, within a clear and comprehensive regulatory framework. This step is part of Dubai Land Department's efforts to enhance the competitiveness of the emirate's real estate market and expand the investor base by creating new opportunities for free zone companies, in line with the objectives of the Dubai Real Estate Strategy 2033. The MoC was signed by Majid Al Marri, CEO of the Real Estate Registration Sector at DLD, and Ahmed Baghoum, Chief Executive Officer of Masdar City, during an official ceremony held in Dubai, in the presence of several directors from both sides. Majid Al Marri said: 'We continue to expand access to Dubai's freehold market through collaborative models that enhance the integration of the real estate ecosystem across the UAE. Enabling companies registered in free zones to own property in the emirate aligns with our vision of building a more open investment environment that offers diverse ownership options. We consider this a strategic step that adds significant value to the objectives of the Dubai Economic Agenda D33 by diversifying the investor base and stimulating new investment flows that contribute to market growth and sustainability, all in line with our leadership's vision of making Dubai the best city in the world to live and work.' Ahmed Baghoum said: "This initiative highlights Masdar City's commitment to supporting businesses with innovative solutions that address their needs. By simplifying property registration processes for companies operating within Masdar City's Free Zones, we are enabling them to expand their operations seamlessly while contributing to the UAE's long-term growth. This partnership highlights our shared vision with DLD to create a business-friendly environment and reinforces Masdar City's position as a global hub for innovation and investment." Under this memorandum, both parties will collaborate on developing an integrated framework that includes clear eligibility criteria for establishments, along with the legal and administrative procedures required to complete the registration process. The cooperation will also ensure direct coordination between the Dubai Land Department and the Free Zone Authority to simplify and expedite procedures, enable smooth data exchange, and implement an advanced digital system for online applications, request tracking, and document verification—enhancing accuracy and transparency. Additionally, the partnership will provide guidance and support to companies, enabling them to understand the legal and procedural requirements better and ultimately fostering an environment that encourages ownership and investment. This collaboration aims to support companies' expansion plans by providing practical solutions that facilitate their entry into Dubai's real estate market, one of the most dynamic and thriving markets in the region. It also reflects Dubai Land Department's commitment to adopting open policies that enhance market flexibility, support national efforts to attract high-quality investments, and contribute to building a more integrated business environment across the UAE.
