Abu Dhabi rolls out interactive digital map for real estate investors
The new map to make it easy for investors to identify land use, locate available sites for development
The Department of Urban Planning and Municipalities (DPM) unveiled a new digital map to make it easier for investors to identify land use and locate available sites for development in Abu Dhabi.
The interactive digital map, called My Land, provides interested parties with a detailed map of Abu Dhabi and live data on pending land use, addresses and the location of nearby community facilities.
It shows data outlining residential, commercial, investment, industrial and agricultural plots as well as their geographical location and how to access the land. The aim of the platform is to "support the investors in stimulating the real estate market", DPM said in a statement.
"The completion of the new platform will contribute to improving transparency of data, fulfil requirements of land planning and provide integrated data for investors, developers and landowners,” Mohamed Al Khadar Al Ahmed, executive director of the strategic affairs sector at the DPM, said.
“Collectively, these aspects will ignite and inspire economic vitality and social development of the emirate, and provide a significant boost to Abu Dhabi’s competitiveness, achieved through the real estate projects.”
The new platform forms part of a series of strategic initiatives launched by the department to achieve objectives set out under the Ghadan 21 initiative, the statement said.
Last year, the Abu Dhabi government launched the Dh50bn Ghadan 21 stimulus programme to boost the emirate's economy. It is expected to have a positive impact on real estate in the capital, analysts have said, alongside measures such as the granting of long term visas are and 100 per cent foreign ownership of land.
In the first six months of 2019, Abu Dhabi's real estate sector recorded 10,000 transactions worth Dh31 billion, according to a report by DPM.
Published: September 2, 2019 03:20 PM