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More than 1,000 senior real estate professionals prepped for Global Real Estate Summit, Future Cities and Real Estate Brokers Summit Dubai, UAE, 9 September, 2014: Real estate, urban planning and construction experts assembling in the UAE this month have a major opportunity to shape the leading smart cities of the future, according to H.E. Hussain Lootah, Director General of Dubai Municipality. That will be one of many hot debates at the upcoming Future Cities summit – the leading conference in sustainable urban development jointly organised with Dubai Municipality and the Environment Centre for Arab Towns, taking place alongside Cityscape Global from 21-23 September at the Dubai World Trade Centre. A host of international government leaders from cities, countries and states including Beirut, Mumbai, Nairobi, Palestine, Iowa, Texas, Erbil, the Holy City of Makkah, Abuja and more will be present to explore how global cities compete successfully for residents, businesses and tourists, while overcoming environmental and economic challenges holistically. H.E. Hussain Lootah, Director General of Dubai Municipality said: “We are facing various increasing global challenges on a daily basis, which require efficiency, quality and excellence. “To be able to address them, we must adapt and cope with these challenges that coincide with daily life. The conference will be a wonderful opportunity to meet, share collective experience and provide solutions and strategies to ensure a steady growth for the leading smart cities of the future.” Leading experts joining H.E. Lootah on the speaker panel at Future Cities include Eng. Bilal Hamad, Mayor of Beirut, Lebanon; Dr.RefatAbdelhalimAlfaouri, Director General of Arab Administrative Development Organisation, Egypt; and Bashar Masri, Founder of Rawabi City, Palestine. The fourth edition of Future Cities takes place alongsidethe Global Real Estate Summit, the flagship real estate conference attracting developers, investors, financiers and other senior property stakeholders from all over the world. Running for the 13th time, the Global Real Estate Summit provides unparalleled on-the-ground analysis of both local and international markets through topics including investment safe havens, market outlook, project financing models and sustainable development. AyhamKamel, Director of Middle East and North Africa for Eurasia Group, UK, will head up an impressive line-up of over forty speakers including Alex Craine, Head of Consultancy Division, CBRE MENA,who will be taking part in a panel discussion on investment in the UAE real estate market. “The UAE continues to witness positive investor sentiment, driven primarily by the quality of infrastructure, strong economic growth, reliable regulation and a maturing real estate market.
This view is reinforced by the IMF which recently increased its UAE growth forecast for 2014-2019 to an average of 5.5% and 8% in 2020, the year of the World Expo,” said Craine. With the UAE’s property sector steadily maturing over the last five years through a series of new government regulations, Cityscape Global has also launched the region’s first Real Estate Brokers Summit in an effort to keep all those involved in the buying and selling of real estate informed with the latest procedures and regulations that are impacting the industry at large. Supported by the Dubai Land Department, the conference provides delegates with a rare chance to acquire in-depth insight into current and planned policies in order to advise clients, gain traction in the market and navigate changing regulations that could affect their success. Marwan Ahmed Bin Ghalita, Chief Executive Officer, Real Estate Regulatory Agency (RERA) the regulatory arm of Dubai Land Department (DLD) said: “Our mission to control Dubai’s real estate market involves monitoring property brokerage activities closely; preventing rampant speculation that would have a negative impact on the market by providing brokers with effective guidance systems; and implementing laws and regulations to govern the nature of their work. “We will discuss the importance of maintaining high ethical standards and ensuring strong regulation to protect the rights of all parties”. Addressing all corners of the real estate market, Cityscape Global conferences showcase the leading companies and strategies that are shaping investment, development, urban development and financing across the globe. Providing the industry with an annual networking opportunity, the events inspire a wealth of business and partnership building and are the perfect complement to the region’s principal real estate exhibition, where more than 280 exhibitors from 28 countries will be exhibiting across eight halls. Now in its 13th edition, Cityscape Global 2014 has grown by over 25% again, making this the largest event since its peak in 2008. It returns with support from Dubai Land Department; Foundation Sponsors Emaar, Dubai Properties and Nakheel; International Strategic Partner, Property Solutions and Gold Sponsor Tourism Development and Investment Company (TDIC). Additional support is provided by Project Marketing Sponsor Aqua Properties; Official Architect Architecture & Planning Group (APG); Official Broker Trisl Real Estate; Official Mortgage Provider Abu Dhabi Finance; Silver Sponsors Apex Real Estate Development L.L.C. and Tecom Investments; and Property Registration Trustee Partner Tamleek Property Transfer. Future Cities is jointly organised by Dubai Municipality, Environmental Center for Arab Towns, The Arab Towns Organisation and Informa Exhibitions, and is supported by Headline Sponsor Majid Al Futtaim Properties and Speaking Session Sponsor Green Studios. Real Estate Brokers Summit is supported by Dubai Land Department, Official Mortgage Provider Abu Dhabi Finance and Associate Sponsor Masterkey. The conferences will be held in Sheikh Maktoum Hall of Dubai World Trade Centre.
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