Dubai Chamber of Commerce launches six real estate sector-specific business groups

Dubai Chamber of Commerce launches six real estate sector-specific business groups

Groups are platforms for constructive dialogue between stakeholders in the private and public sectors

The Dubai Land Department assisted in the formation of the new business groups and in identifying their economic activities in collaboration with Dubai Chamber of Commerce. - KT file

Published: Sat 11 Mar 2023, 2:53 PM

Dubai Chamber of Commerce, one of the three chambers operating under Dubai Chambers, has unveiled the establishment of six real estate sector-specific business groups.

The new groups focus on companies operating within the real estate sector, including real estate developers, real estate valuation, real estate leasing, facility management, interior decoration / interior design services and engineering consultants. The Business Groups are platforms for constructive dialogue between stakeholders in the private and public sectors, helping companies within the real estate field tap into new opportunities, tackle industry-level challenges and address policy matters that impact this thriving market.

Commenting on the launch of the new real estate business groups, Mohammad Ali Rashed Lootah, President and CEO of Dubai Chambers, said, “The real estate sector continues to be one of the vital levers for Dubai’s economy and a major contributor to Dubai’s GDP, with a share of more than 9 per cent in the first nine months of