Dubai Real Estate Corporation (DREC)

Dubai Real Estate Corporation (DREC) was established in June 2007 by his Highness Sheikh Mohammed Bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai, through Law Number 14. DREC owns a sizeable land bank which includes properties registered under the name of the Dubai Government. Its mandate extends to building, investing in and the utilization of commercial and industrial lands and properties. DREC contributes to the sustainability of Dubai's urban growth.

19 Jun 2019