Dubai Land Department signs Memorandum of Understanding with Falconcity of Wonders
- United Arab Emirates: Saturday, September 29 - 2012 at 09:22
- PRESS RELEASE
Dubai Land Department signed memorandum of understanding with Falconcity of Wonders (FCW), the multi-purpose mega project being developed across Emirates Road to strengthen the existing strategic partnership between both parties. The agreement will have significant impact on all segments of society and will reflect positively on the process of economic development in the Emirate of Dubai.
Sultan Butti Bin Mejren Director General Land Dubai Said:" Land Department is keen to lay the foundations of strategic cooperation with Falconcity of Wonders on the basis of our commitment to enhance our relations with the leading developer for the development of real estate sector in general and all the technical, training and practical aspects in particular.
"We are delighted to sign this agreement with Falconcity of Wonders which will contribute to the strengthening of cooperation and exchange of experiences and expertise between the two sides which will contribute to the development process in the UAE. We express our deepest admiration to Falconcity of Wonders project that is considered one of the key developments in the real estate sector", he added.
Salem Al Moosa, Chairman & CEO of Falconcity of Wonders said: "We are honoured to work with Dubai Land Department which handles all real estate regulation and registration requirements in Dubai and applies best practice international standards to guarantee all stakeholders rights. The agreement allows us to work together for the betterment of the real estate industry and to cope with the changes it is facing in the most efficient way".
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