Dubai Land Department to run green property event

Event run in co-operation with Arab League will take place on May 1-2

NEWS, Business

The Government of Dubai Land Department (LD) in cooperation with the Arab League (AL) is set to organise the Arab International Sustainable Real Estate Conference in Dubai.

The conference, which takes place on May 1 and 2, is the first of its kind in the region, the department said. It is being sponsored by Diamond Developers, whose chief executive said yesterday that work will start on its Dubai Sustainability City project in June. Falcon City of Wonders has also agreed to be a strategic partner.

The Sustainable Real Estate Conference is being held in conjunction with the 3rd Edition of the Annual Investment Meeting (AIM) held under the patronage of His Highness Sheikh Mohammed bin Rashid Al Maktoum and hosted by the Ministry of Economy at the Dubai International Convention and Exhibition Center between April 30 and May 2.

Sultan Butti bin Mejren, director-general of the Land Department, said: "The importance of the conference lies in the professional debates by dozens of experts participating in the conference, which will focus on the three dimensions of sustainability (ecological, social and economic)."

Bin Mejren said the conference will highlight important issues on how to relate the property market with modern sustainability requirements.

Dr. Refat Al Faouri, Director General of the Arab Administrative Development Organisation (ARADO), working under the umbrella of the Arab League, said: "The conference will not only be limited to theories but will showcase leading practices of real estate sustainability in the UAE, particularly in Dubai.

"Details of Dubai Sustainable City will be revealed during the event and we anticipate the remarkable success of this project and its role in positioning Dubai as an active player in real estate sustainability."

Eng Faris Saeed, CEO of Diamond Developers, said: "Dubai opens the door for creative concepts and successful models and experiences."

He added that the firm's Dubai Sustainable City project "is becoming a reality thanks to the unprecedented support from the Government of Dubai Land Department".

 

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