Government entity invited to participate in major real estate workshop in New York
HE Sultan Butti Bin Mejren, Director General of the Dubai Land Department (DLD), has headed a high level delegation to attend the first meeting of a specially-formulated United Nations (UN) committee on real estate. The deputation is currently visiting the UN headquarters in New York to attend an inaugural seminar being held by the new body, which has been established to formulate best practice in the global arena of property development.
The Dubai Real Estate Institute – DLD’s educational arm – was selected to become one of the UN committee’s 15 key members because of its leading expertise in property development. Mahmoud El-Borai, Director of the Dubai Real Estate Institute and Khalifa Al Suwaidi, CEO of Emirates Real Estate Solutions, are also included in the DLD deputation, with other committee members coming from international organisations that are leaders in the fields of real estate research, consulting and the development of competencies.
“Being asked to attend the first meeting of the UN international real estate committee confirms the recognition of DLD’s achievements in the organisation and management of property development,” said Sultan Buti Bin Mejren, Director General of DLD. “DLD is the only Middle East and North Africa region entity invited to become a member of the committee, which is an acknowledgement that the organisation has become a model in the global performance and standard-setting for real estate,” he added.
During the DLD delegation’s meeting with the committee’s other members, the Dubai Real Estate Institute demonstrated its experience in training and development, as well as in academic research. It was able to shed light on the proposed formulation of best practices within the committee, with its role involving it in a two-year overseeing capacity for the preparation of documents relating to property development and construction.
“The successive achievements of the Dubai Real Estate Institute over the past years have established its name as a leading educational institution in property development, with the organisation having trained nearly 30,000 property professionals. It has been key in contributing to raising the level of professionalism and transparency in the Arab real estate markets and this influence and expertise has been recognised by the UN,” Bin Mejren continued.
The DLD delegation’s New York programme includes a meeting with the Executive Director of the UN’s Global Impact report, Georg Kell, who is Assistant Secretary-General of the United Nations. A number of visits to key institutions have also been arranged, including trips to New York University, the New York Real Estate Institute and the UN’s Sustainable Cities Programme. The department attendees will also be having an audience with the Deputy Mayor of New York, as well as meetings with real estate managers and other United States government officials.
The DLD delegation’s itinerary also involves discussions to set up partnership agreements to link the Dubai Real Estate Institute with leading academic institutions in the United States, including New York University and the New York Real Estate Institute, in order to provide premium property development programmes for the real estate sector in the Middle East and North Africa.