Home Industry Real Estate Dubai Land Department launches strategic plan for 2026 Tthe focus is on shifting to an employee-first culture, refreshing DLD’s identity and enhancing its position, and adopting a proactive and human-focused approach by Gulf Business December 27, 2022 Dubai Land Department (DLD) has launched its new strategic plan and vision, reflecting its direction until 2026. The plan and vision are in line with Resolution No 81, approved by Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of the Executive Council of Dubai, pertaining to the organisational structure of DLD. The strategy, in its final form, is the result of continuous efforts by various team members at DLD to ensure the best results that are compatible with current and future global developments and practices. It also constitutes a qualitative addition that would enhance the contributions of the real estate sector to Dubai’s GDP, in addition to supporting the objectives of the other sectors and strategic directions. The new strategic plan has many pioneering and proactive ideas, based on five main pillars: The first is a real estate model, which aims to enhance the sector’s readiness and sustainability, ensuring effective governance of the real estate sector. The second pillar is being a real estate innovation incubator by fostering a globally attractive real estate sector and harnessing technology to enable real estate solutions development. The third pillar is to be a data-driven sector, by maximising the added value of sector data and raising awareness, trust and transparency in the real estate sector. The fourth pillar is Agile DLD, to cultivate a flourishing digital ecosystem, enhance DLD’s operations and improve corporate governance efficiency, and foster partnerships with public and private sectors. The fifth and final pillar is Exceptional Journeys 2.0, through which the focus is on shifting to an employee-first culture, refreshing DLD’s identity and enhancing its position, and moving to a proactive and ‘human’-focused approach. .@Land_Department launches its new strategic plan 2026 in line with the national agenda to build a sustainable economy and strengthen #Dubai‘s global leadership in real estate investmentshttps://t.co/gylv6pagDC pic.twitter.com/qzJgbsaLox — Dubai Media Office (@DXBMediaOffice) December 26, 2022 Strategic initiatives, distributed across the five pillars, have been identified and classified according to the ease of application and priority matrix, so that DLD team members will work to ensure their implementation in the best possible way, in cooperation with various partners and customers. The implementation plan for the approved initiatives includes three main stages. The first is the launch of quick-gain initiatives to ensure that DLD adapts to the proposed changes. The second stage is empowerment by working to empower the real estate sector and DLD alike and providing the necessary support to implement the transformation smoothly. The third stage is achieving sustainable impact by expanding the scope of influence to reach a global real estate system. The development of DLD’s updated strategy was presented to ensure the best results and outputs, according to four fundamental principles, the first principle being sustainable impact by directing DLD’s efforts towards achieving evolution and sustainable development in the real estate sector. The second principle is local adaptation by adopting global practices and adapting them to the unique features and needs of the real estate market in Dubai. The third principle is global leadership by developing a plan to position Dubai as a role model in the real estate sector. The fourth principle is cooperation and harmonisation by adopting a participatory approach that includes all stakeholders and those concerned with DLD’s plan. Tags Dubai Land Department Real Estate Strategic Plan 2026 0 Comments You might also like How REITs are unlocking the potential of UAE real estate Arista Properties makes an inaugural entry into the UAE Aldar Properties acquires UK developer London Square for Dhs1.07bn Saudi Real Estate Refinance Company wraps up SAR3.5bn sukuk issuance