This special event will allow participants to collaborate and devise new outcomes to address challenges faced in the key sectors of finance, facility management, real estate FDI, marketing, government services, knowledge, lifestyle, smart and sustainable cities, and property technology. The event will play a significant role in helping make informed decisions and formulate effective policies in the future to further improve the condition of the real estate industry.
“The real estate sector is evolving at a rapid speed, and it is important that we work together to innovate ideas and nurture connections, even outside the real estate industry. The Think Tank programme, the newest offering to this year’s edition of Invest in Dubai Real Estate, will help in the promotion of global opportunities by allowing innovators and forward thinkers to explore and brainstorm solutions together on one platform. This will help break down primary developmental cases, challenges, and initiatives as well as innovate ideas across key sectors, such as the real estate sector, educate and increase awareness of our global audience, and offer fresh perspectives and innovative ideas,” said HE Sultan Butti bin Mejren, Director-General of Dubai Land Department.
“Dubai continues to lead in promoting an innovative environment that would contribute to making real estate investment in the emirate unique by offering many first-of-their-kind privileges and facilities. The Think Tank programme will significantly boost opportunities within Dubai’s real estate market through the insights that will be shared by the various sectors participating in the event. This year will, without a doubt, further advance upon the future of Dubai and introduce new possibilities for the emirate as a global investment hub,” commented Majida Ali Rashid, CEO of the Real Estate Promotion and Investment Management Sector at DLD.
The members of the Think Tank programme will comprise experts in their fields and will be divided into groups, each of which representing a particular sector and holding a brainstorming session to identify a specific direction in their respective sector that needs to be addressed and requires further attention and exploration. Members will also collaborate to share their knowledge, expertise, and research to introduce fresh ideas and perspectives to the table and innovate new solutions to solve specific challenges and cases.
For the finance sector, participants in the think tank can discuss new financing solutions as well as real estate security instruments that would be made available to real estate lenders and borrowers seeking working capital to purchase and renovate properties, among other real estate investments.
As real estate has remained a popular vehicle driving economic growth and financial wealth among investors, the knowledge sector may discuss innovative solutions to improve the global competitiveness of professionals in the real estate industry to cultivate their knowledge and gain additional skills.
Think-tankers in the facility management group can discuss new solutions to streamline the entire facility management process, including the management of personnel, finances, and physical property management to ensure the increased functionality, safety and efficiency of real estate properties.
Foreign direct investment is crucial for the advancement of emerging and developing markets. FDI think-tankers can brainstorm new solutions to further maximise on returns and diversify internationally through real estate investments. They can also streamline the potential of real estate FDI for investors through innovative ideas.
Real estate is one of the major contributors to the economy, and governments must support the real estate market, especially during challenging times. The government sector brainstorms the challenges and solutions when it comes to providing support to existing players, promoting real estate, stimulating demand, and improving investment potential.
Quality of life is one of the most influential factors when buying and selling real estate properties. Nowadays, consumers are constantly seeking properties with impressive environments and structure, not only to maintain their social status but also to ensure their safety and security as well as the psychological and physical comfort they seek. The lifestyle sector can discuss the challenges and solutions in terms of becoming a positive driving force to enhance the stability of the real estate industry. On the other hand, the marketing sector can brainstorm new solutions regarding the faster sale of real estate properties and the improvement of ROI through new marketing techniques.
The development of smart cities is associated with greater efficiency through technology, thus increasing the value of properties and contributing to urban development. The Smart & Sustainable Cities group can collaborate to come up with intelligent ideas on how to use technology to offer enhanced flexibility and innovation as well as develop smarter ecosystems for the real estate community.
Property technology has helped in gathering and disseminating data in real-time using AI and data analytics, resulting in investors being guided towards better decision-making. The PropTech group can think of new solutions to improve the positive impact of the technology in the real estate sector by changing the way properties are bought and sold, streamlining the transaction process and developing solutions for better property management.
Key learning outcomes of the think tank groups will be presented following the brainstorming session. All participants will be recognised for their knowledge and expertise in proposing innovative solutions to the key cases presented.
In addition, with the launch of the Think Tank programme, this year’s edition will be highly beneficial to exhibitors who would seek to access a large pool of visitors, effectively showcasing their world-class projects and generating lucrative business opportunities. The special, on-site event will be an important hub for networking with key stakeholders, major investors and leading organisations to build strong partnerships and collaborations.
Invest in Dubai Real Estate is an ideal event that remains committed to generating vast business opportunities for the Dubai real estate market and to strengthen the emirate’s leading position as an investor-friendly city. According to ValuStrat Dubai 2021 Outlook, new government incentives, including the provision of visas for expatriate retirees as well as the expansion of the 10-year golden visa scheme to draw foreigners to reside in the UAE, are anticipated to support the real estate market this year.
Also, due to the development of vaccines that are gradually resolving the current health crisis, the economy of Dubai is expected to further stabilise, especially when considering the upcoming Dubai Expo and the UAE’s 50th anniversary.
“Real estate is a highly competitive market that requires additional support from different sectors to improve the various factors that affect its current condition and be able to maximise its full potential. The Think Tank programme will help fully realise this goal and will bring together a multitude of potentials for the real estate industry as well as for all participating sectors. It will also help us find ground-breaking solutions and gain knowledge that would help in the acceleration of economic growth and prosperity,” said Dawood Al Shezawi, President of the Organising Committee, Invest in Dubai Real Estate.
For more information on Invest in Dubai, please visit www.iidubai.ae
© Press Release 2021