Dubai opens property lifeline to owners and investors as well

Property owners and investors in stalled projects across Dubai can approach the Dubai Land Department to seek inclusion of their project under the Tanmia initiative, Emirates 24|7 can reveal.

“Investors or property owners of stalled projects can come to us. We will look at their petition after taking into account all the technical and legal details,” said Majida Ali Rashed, Senior Counsel Strategy, DLD.

For more information visit Dubai real estate

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