UAE - Mubasher: Vice President and Prime Minister of the UAE and Ruler of Dubai Mohammed Bin Rashid Al Maktoum on Monday revealed that a Higher Real Estate Planning Committee has been formed in Dubai.

The Real Estate Planning Committee has been set up today under the chairmanship of the Deputy Ruler of Dubai and membership of senior real estate developers Maktoum Mohammed Bin Rashid Al Maktoum, the Vice President posted on his official Twitter account.

The committee has been established to achieve balance between supply and demand in the real estate sector within the emirate.

Moreover, the committee also aims at eliminating the launch of similar projects, as well as the real added-value of projects to the national economy.