Dubai Business Events (DBE) in partnership with the Dubai Real Estate Institute (DREI) 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 over 60 nations to explore the ‘Future of Cities’.
Jointly led by DBE and DREI, and supported by host venue Dubai International Convention and Exhibition Centre, among other local industry partners, the successful bid to host another influential world congress underpins Dubai’s strong international reputation as a vibrant and diverse destination for business events. The announcement also boosts the city’s growth as a leading global hub for investment, and contributes towards its maturing real estate market that strives on innovative developments and a healthy regulatory environment.
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 Congress as the first city in the Middle East in to 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.
Director General of Dubai Land Department, HE Sultan Butti Bin Mejren, said, “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.”