DREI to Commence Master's Programme in Real Estate Development on 28 October, 2008

Dubai-UAE: 16 August, 2008 - Dubai Real Estate Institute (DREI), the region's first specialised real estate institution, today announced the launch of its latest graduate programmes, which will encompass three in-built degrees, including Master of Real Estate Development, Graduate Diploma in Real Estate, and Certificate in Real Estate.

Aiming to enrol 35 executive graduate students for the postgraduate programme, DREI's deadline for the submission of applications is 3 October, 2008 for the Master's programme, which is scheduled to begin on 28 October, 2008.

Delivered in partnership with Australia's Bond University, pioneers in offering academic courses in real estate and urban development, the programme is designed for students and professionals keen to further develop their industry expertise.

Dr. Salem Al Shafiei, Managing Director of DREI, said: "We are committed to introducing the most relevant programmes in real estate education. As a strong and credible educational partner, we believe the skilled faculty members and expertise of Bond University will add enormous value to the region's real estate sector.

"By introducing this unique program, DREI supports the development of the next generation of professionals and entrepreneurs, and equip them with the ability to deal with dynamic challenges in the local, regional and global real estate industry. We believe our real estate training and educational programs offered in partnership with various globally renowned institutions will help enrich industry professionals and facilitate the growth of regional economies."

The Master of Real Estate Development is a three semester degree program, comprising twelve courses with a total of 120 credit hours, allocating 10 credit hours for each course and inclusive of a research project.

The first semester will open with a segment on Fundamentals of Real Estate. Providing a broad understanding of the entire curriculum, it will offer a general preface on real estate markets. It will also cover topics on the legal and institutional framework of real estate, planning and land use, real estate economics, valuation, development, asset management, marketing, investment analysis and finance and the globalization.

Since its inception, DREI has successfully attracted region-wide applicants from a diverse industry and academic backgrounds and corporate majors such as Sama Dubai, Nakheel, Dubai Islamic bank, and Dubai Properties.

"Besides acquiring cutting edge knowledge, the scope covered in the Master's programme will include a fair amount of practical learning. It will also equip participants with advanced analytical techniques to guarantee professional success and career growth in the real estate sector," Dr. Salem added.

Degree certificates will be awarded by DREI and Bond University to participants upon the successful completion of the Master's programme.

-Ends-

About Dubai Real Estate Institute
As the first real estate academic institution in the region, the Dubai Real Estate Institute aims to enrich and broaden the knowledge and competencies of real estate professionals and managers at all levels. The institute, which will commence in the academic year 2007-2008, operates in partnership with several international real estate universities to offer graduate programmes and industry specific, open enrolment courses. Areas of cooperation will also include research projects and the development of case studies specific to the region.

Addressing the strategic growth opportunities, competitive challenges and operational imperatives of the real estate markets in the MENA region, Asia, and Turkey, the institute will offer courses on the real estate development process, asset and portfolio management, real estate evaluation and appraisal, real estate finance and investment, international real estate, risk management, real estate law, urban economics and project management.

In addition, the institute will provide domain specific courses as diverse as real estate strategic and innovation management, strategic alliances, finance and capital markets, market analysis, and the management of specific properties such as residential, industrial, retail and office spaces.

All of the institute's offerings will be delivered in partnership with high ranking and academically accredited international universities using world-class faculty, cutting edge knowledge and practice, and state of the art facilities. 

For further information, please visit: www.drei.ae, or contact:
Sally Hamandi
JiWin
The Public Relations arm of Dubai Press Club
Tel: +9714 374 8364 (direct)
+9714 361 3333 (switchboard)
+97150 507 3656
Fax: +9714 388 8001
Email: sally.hamandi@jiwin.ae

Mathilda Saad
JiWin
The Public Relations arm of Dubai Press Club
Tel: +9714 361 3879 (direct)
+9714 361 3333 (switchboard)
+97150 699 9890
Fax: +9714 388 8001
Email: mathilda.saad@jiwin.ae

© Press Release 2008