Dubai wins World Real Estate Congress for 2018

Middle East News
Dubai wins World Real Estate Congress for 2018

Dubai Business Events (DBE) and Dubai Real Estate Institute (DREI) have partnered to deliver a successful bid for an annual Congress that will bring world’s real estate industry leaders to Dubai.

DBE, the city’s official convention bureau and a division of Dubai Tourism, in partnership DREI, the education arm of the Dubai Land Department (DLD) announced that the Emirate will host the 69th World Real Estate Congress in 2018.

The annual event organised by the International Real Estate Federation, FIABCI, will make its debut in the Middle East and is expected to attract more than 1,000 real estate professionals from 60 nations to explore the ‘Future of Cities’.

Issam Kazim, chief executive officer of Dubai Corporation for Tourism and Commerce Marketing, said: “We are delighted to announce that Dubai has been chosen to host the prestigious World Real Estate Congres. It is the first city in the Middle East to do so. Our successful bid reflects the country’s acclaimed top ranking as a global investment haven and the emirate’s strengths in attracting and hosting international business events of the highest calibre.

He continued: “We are particularly proud to have once again demonstrated strong collaboration with our local partners – first and foremost the Dubai Real Estate Institute – who left no stone unturned to submit a competitive and attractive bid that showcased the holistic leisure and business offering in Dubai. We look forward to welcoming the real estate world to Dubai in 2018.”

Director general of Dubai Land Department, HE Sultan Butti Bin Mejren, said: “Winning this acclaimed event is a testament to the significant strides taken by the Dubai real estate market in recent years, in addition to the continuous efforts made by the government to promote and build a strong commercial environment with the express intention of projecting a prosperous and welcoming image to visitors and investors from overseas. The fact that the Emirate has been chosen as the first city in the Middle East to host this event demonstrates how Dubai has emerged as the pre-eminent real estate hub for the region.

“This World Real Estate Congress 2018 will strengthen Dubai’s economy through attracting business and leisure visitors, and inward investment into the emirate not only from the region, but from across the world, further building towards a continued maturation of the Dubai property market. Today’s announcement also bolsters the Dubai Plan 2021, which aims to build a smart and sustainable city with strong infrastructure capable of supporting economic and social life and contributing to the Emirate’s future growth.”

The previous event was held last year in Kuala Lumpur.

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