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Dubai Land Department signs three memorandums of cooperation

Dubai Land Department signed memorandums of cooperation with Elite Gulf Real Estate Training Institute, Innovation Experts Real Estate Training Institute, and ThinkProp Training Institute to elevate real estate training in the emirate. These collaborations aim to boost awareness within the Dubai real estate sector and foster a top-tier training environment, enhancing service efficiency, customer satisfaction, and overall service quality to align with global best practices and standards.

The signing ceremony was attended by His Excellency Eng. Marwan bin Ghalita, CEO of the Real Estate Regulatory Agency at Dubai Land Department, along with Georges Maurice, Founder and CEO of Elite Gulf Real Estate Institute; Mohammed Shanaa, Director of Innovation Experts Real Estate Training Institute; and Moaz Maqbool, Director of the ThinkProp Training Institute – Dubai Branch. These partnerships are in line with the leadership’s vision and the UAE’s strategic objectives.

Promote sustainability and innovation
Bin Ghalita emphasised Dubai Land Department’s commitment to forging strong bonds and enhancing collaboration with the private sector, a collaborative approach that plays a crucial role in delivering proactive, and customer-centric real estate services. He added that these memorandums of cooperation seek to provide the right qualifications and empower individuals and stakeholders within the real estate sector, equipping them with the necessary tools, knowledge, and providing access to advanced training methodologies. He stated: “We are pleased to embark on these new partnerships that will promote sustainability and innovation in this vital sector. We will channel our collective efforts towards developing a robust and qualified professional workforce in the sector. This initiative aligns perfectly with the Department’s overarching goals of promoting awareness and expanding knowledge within the real estate market through training methodologies that adhere to the highest scientific standards.”

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ThinkProp and National Association of Realtors partner to advance the real estate industry

Abu Dhabi, UAE: ThinkProp Real Estate Training Institute, launched by Advanced Real Estate Services (ADRES), has signed a cooperation agreement with the National Association of Realtors (NAR), America’s largest trade association for professionals working in the real estate industry. The agreement centers on promoting high standards of professionalism in the real estate industry, supporting ThinkProp’s commitment to establishing a trusted real estate market powered by knowledge and technology.

Under the terms of the agreement, the two parties will facilitate business opportunities for their members to enter the real estate market and promote trust and increase investment in the region. This will be achieved by exchanging insights and best practices, which address internal and external investment trends in real estate, policy, legislation or economic developments affecting real estate, national housing developments, and other topics related to the business of real estate in the two countries.

In addition, ThinkProp and NAR will host Real Estate conferences, networking opportunities and coordinate trade missions to connect real estate professionals in the UAE and the US, to uncover business opportunities in the real estate market that bring about mutual benefits. The two parties will also raise awareness on major educational real estate courses, promote private property rights in international forums and support the United Nations’ efforts to achieve adequate shelter for all.

Moath Maqbol, General Manager of ADRES, said: “We are thrilled to be partnering with the National Association of Realtors to contribute to building a professional and trusted real estate sector in the UAE and the US. Through this partnership, we provide thousands of real estate professionals with an opportunity to gain market insights, collaborate, and unlock opportunities.”

“At ThinkProp, we actively seek out leading partners to drive innovation and excellence in real estate. By combining our knowledge, expertise and network, we can contribute to propelling the real estate sector forward. We look forward to working closely with the National Association of Realtors to achieve our shared goal of advancing the real estate industry,” added Maqbol.

Tracy Kasper, President of the National Association of Realtors, said:  “This agreement solidifies our shared commitment to expand international opportunities for REALTORS® and advance our industry and best practices around the globe. We value ThinkProp’s commitment to elevating the professionalism of their members through education and training which we believe is a big factor that distinguishes our members from their competitors, and assures consumers that they can trust and rely on their REALTOR®”

ThinkProp Institute, the first-of-its-kind in the region, provides world-class knowledge and skills for individuals interested in working in the real estate sector. ThinkProp aims to develop the real estate sector with a knowledge-based methodology by providing flexible learning methods at reasonable prices. This supports the Institute’s vision of becoming the first and leading accredited real estate training institute in the UAE and one of the main education focus players within the UAE.

NAR is an association established for the purpose of raising the standards of real estate practice and preserving the right of property ownership in the interest of the public welfare. It represents more than 1.5 million members involved in all aspects of the residential and commercial real estate industries.

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Thinkprop Institute To Conduct Training Course Titled“Mastering The Art Of Real Estate Investment”

Abu Dhabi, UAE: ThinkProp Real Estate Training Institute, launched by Advanced Real Estate Services (ADRES), is conducting a training course titled“Mastering the Art of Real Estate Investment” on 9 May 2023, which will be delivered by renowned experts in the field of finance and real estate. The course will help participants make informed investment decisions and navigate the complex world of finance and real estate to become successful real estate investors, which consequently drives the growth of the real estate industry.

The course, which will be delivered by Dr. Mahmoud Al Burai, President of the International Real Estate Federation in the UAE, and Dr. Mohanad Al Wadiya, CEO at Harbor Real Estate, aims to identify the opportunities and challenges facing the financial market and the real estate sector. The course will provide participants with an overview of the legal framework and key facts that they should know as investors in the UAE. It will also feature case studies, prominent stories of achieving financial freedom, and the latest market trends to enable them to develop successful investment plans.

The course will cover several elements, including general and real estate financial terminology, opportunities and strategies for investors to choose the right property, and the reasons that may lead to loss when investing in the real estate market. Participants will have the opportunity to ask questions and receive guidance on how to build an investment plan that suits their potential.

Moath Maqbool, General Manager of ADRES, said:“Organizing this course comes as part of our endeavors to enhance the knowledge of individuals wishing to invest in real estate, as well as real estate practitioners. The course will provide methodologies for investing in the real estate sector, in line with international standards. It will support investors to make accurate and successful decisions when investing in the real estate market, and inform them of the latest trends and market developments. This aligns with our efforts to enhance investment, professionalism, and transparency in the real estate market, which contributes to the propelling the growth of the sector.”

ThinkProp Real Estate Training Institute, a subsidiary of Advanced Real Estate Services (ADRES), is the first institute of its kind in the region. The Institute’s courses and certificates have recently been accredited by the International Real Estate Federation (FIABCI), the world-class real estate organization devoted to all real estate specialties and activities, and the International Accreditation Organization (IAO), the international quality assurance agency. The Institute provides world-class knowledge and skills for individuals interested in working in the real estate sector. It aims to develop the real estate sector with a knowledge-based methodology by providing flexible learning methods at reasonable prices. This supports the Institute’s vision of becoming the first and leading accredited real estate training institute in the UAE and the region.

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ADRES’ THINKPROP Training Institute Is Building Real Estate Expertise, In Line With The UAE’s Vision To Advance The Country’s Real Estate Industry

The real estate market in the UAE is growing at a steady pace, and the future looks promising. In the third quarter of 2022, Abu Dhabi’s real estate market recorded a total of 4,441 transactions amounting to over AED 21.04 billion, according to the latest report published by the Department of Municipalities and Transport (DMT) in Abu Dhabi. Furthermore, the value of real estate sales in Dubai Emirate reached AED 70 billion, according to Dubai Land Department.

The real estate market in the emirates of Abu Dhabi and Dubai witnessed rapid growth in supply and demand, driven by several factors, which include the launch of mega-projects, supportive oil prices, the development of a strong legal system, and the launch of golden visa and long-term residency programs through property investment. This reflects the UAE’s efforts in developing policies and systems to drive economic growth, and highlights the country’s quality infrastructure and openness in business.

As the market continues to flourish and more investors begin to seek out opportunities in the UAE, the importance of transacting with credible real estate professionals has become increasingly relevant. ThinkProp Real Estate Training Institute is contributing to shaping the future of the real estate industry, through its commitment to share and enhance the knowledge for all real estate stakeholders to develop competent real estate professionals.

Importance of licensing:

Having licensed real estate professionals is key for building a successful real estate industry.

Despite the importance of dealing with licensed professionals to secure legal protection, many investors and contract parties are tempted to deal with unlicensed real estate individuals, often due to their cheaper and lower commission rates, or their inability to verify if a real estate practitioner is licensed or not, which makes them a victim to real estate risky transactions. Conducting transactions with unlicensed practitioners poses significant risks and dangers for the customer, including increased potential of fraudulent deals and extra charges and fees.

Unlicensed and uncertified real estate individuals have no professional affiliation or organisation, often making it difficult to locate them if a problem arises. They often do not adhere to proper moral and ethical standards. As they do not follow a code of conduct, there will be no consequences if they breach a contract, provide poor or invalid information, or act negligently. Investors cannot be protected if they deal with unlicensed real estate practitioners.

Enrolling in an authorised real estate training institute is vital for those who want to pursue a career in the real estate industry. It equips individuals with the necessary knowledge, skills, and resources to become successful professionals who comply with all the applicable regulations governing the industry. This is critical in creating a new generation of real estate experts who can navigate the intricacies of the industry, provide specialised guidance to clients, and maintain the highest standards of ethical conduct and professionalism. This, in turn, will help to instil confidence in consumers, promote transparency and accountability, and contribute to a more trustworthy and sustainable real estate industry.

Launched by ADRES in 2022, ThinkProp Real Estate Training Institute aims to create a knowledgeable and ethical professional body of real estate experts in line with the government’s vision to drive the growth of the property and real estate sector. The Institute strives to increase market transparency and trust, provide unified real estate knowledge, and reinforce the governance of real estate professions.

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ThinkProp Real Estate Training Institute certificate accredited by FIABCI and IAO

Abu Dhabi, UAE: ThinkProp Real Estate Training Institute, launched by the Advanced Real Estate Services (ADRES), announced that its courses and certificates have received global accreditation by the International Real Estate Federation (FIABCI), the world-class real estate organisation devoted to all real estate specialties and activities, and the International Accreditation Organisation (IAO), the international quality assurance agency.

ThinkProp Institute provides real estate training courses recognised by the UAE-government for individuals and companies in the UAE and the region.

ThinkProp will have the opportunity to nominate a representative to become a member in FIABCI Emirates, the UAE chapter of the organisation, in order to facilitate the exchange of knowledge and expertise. In addition, FIABCI will provide ThinkProp Institute’s alumni with a discounted rate to become members of the international real estate organisation. Aside from this, the IAO will offer ThinkProp Institute’s instructors an accreditation certificate, and provide dual degree programs between ThinkProp Institute and leading American and British universities.  

Moath Maqbol, General Manager of ADRES, said: “We are delighted to be partnering with two of the world’s leading entities in the real estate sector. This is an important step for us, which puts us on the right direction to providing real estate professionals with world-class knowledge and expertise, as well as offering them certificates recognised on a local and international level. ThinkProp certificate’s accreditation by FIABCI and IAO is a testament of our commitment to building a successful and structured real estate sector that contributes to the sustainable economic growth of the emirate of Abu Dhabi.”

Dr. Mahmoud ElBurai, President of FIABCI (The International Real Estate Federation) Emirates, said: “FIABCI, the leading real estate association with more than 1.4 million associate members globally is very pleased to partner with Thinkprop to increase the professionalism in the UAE real estate market and connect UAE professionals with their counterparts. What Thinkprop is doing is exemplary work that is in alignment with international best practices .We are so happy to see ThinkProp’s success in elevating the standards in such a short time.”

Mike Miller, CEO of Academic Accreditation at the IAO, said: “Thinkprop is a trustworthy and reputable real estate institute that is unique in the UAE. I am extremely impressed with their work ethic, professionalism, and simplicity in dealing with any condition by providing numerous ways to contact their audiences such as face-to-face, online, and more. All of the individuals I’ve encountered have been really professional and well-qualified for their roles.”

ThinkProp Institute, the first-of-its-kind in the region, provides world-class knowledge and skills for individuals interested in working in the real estate sector. ThinkProp aims to develop the real estate sector with a knowledge-based methodology by providing flexible learning methods at reasonable prices. This supports the Institute’s vision of becoming the first and leading accredited real estate training institute in the UAE and the region.

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THINKPROP Real Estate Training Institute set to host ‘Basics of Housing Construction’ workshop

Abu Dhabi, UAE: The THINKPROP Real Estate Training Institute, launched by Advanced Real Estate Services (ADRES), is set to host an online workshop on the ‘Basics of Housing Construction’. People looking for free guidance on building their own home are invited to attend the workshop, which will cover the important steps of home construction, from planning to execution.

The initiative comes in line with the Institute’s mission of spreading real estate knowledge and providing training courses on the real estate sector for individuals and companies in the Emirate of Abu Dhabi to expand and develop the Emirate’s real estate sector.

Set to take place on 15 June, the workshop will be conducted by Eng. Abdulkareem Al Hosani Businessman in real estate development, an expert in the field of construction who brings more than 21 years of experience in the industry.

‘Basics of Housing Construction’ workshop aims to raise the public’s awareness about the importance of building their own home correctly, following the right steps. The workshop will offer attendees a step-by-step guidance on the required documents for home construction, the methods for selecting the best partner construction enterprise, the process of designing a house, the most important clauses of home contract agreement, followed by the stages of implementation.

Moath Maqbol, General Manager of ADRES, said: “This workshop plays a significant role in raising the general public’s awareness about the real estate and property sector by providing them with the required guidance in building their home, which contributes to fostering a regulatory environment that supports the industry and drives its growth. Holding such workshops comes in line with ADRES’ mission to drive the growth of the real estate sector and encourage further investment in the country.”

Eng. Abdulkareem Al Hosani, Businessman in real estate development, said: “Many people are not aware of the right steps to build their own house. We look forward to holding the ‘Basics of Housing Construction’ workshop, which is targeted to members of the public who are looking to build their home in a proper, efficient, and creative manner. Providing guidance on the right steps in home building is key for saving time, effort, and costs.”

Launched by ADRES, the ThinkProp Training Institute, is the only institute in the Emirates of Abu Dhabi, which offers recognized courses and certificates, to expand the opportunities for individuals interested in working in the real estate sector.

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Abu Dhabi Government showcases 100 digital initiatives at GITEX Technology Week 2021

GITEX Technology Week 2021 is a global platform for innovation, cooperation and future foresight.

ABU DHABI: Under the theme “Government of The Future”, the Abu Dhabi Government is participating in GITEX Technology Week 2021 for the tenth time and is showcasing 100 innovative digital initiatives and projects with the aim of creating a unique experience for all visitors through a unified platform for all government entities.31 government and academic entities are present at the Abu Dhabi Government Pavilion, and their participation comes as the UAE celebrates its 50th anniversary, as the nation celebrates its remarkable journey over the last 50 years and begins preparing for the next 50.

 

The Abu Dhabi Government participation comes under the supervision of the Higher Committee of Digital Government as part of its efforts to implement a governance framework across the Abu Dhabi Government and make a fundamental change in the concept of government services, moving towards a digital future.

Ali Rashid Al Ketbi, Chairman of the Department of Government Support – Abu Dhabi, said: ” GITEX Technology Week 2021 is a global platform for innovation, cooperation and future foresight, and we in Abu Dhabi view this international event as an opportunity to inspire digital solutions to the challenges facing the world, as well as an ideal platform for exchanging experiences and sharing knowledge about emerging technologies and distinguished global initiatives, thus contributing to accelerating digital transformation in the Emirate of Abu Dhabi.” “This participation reflects the cooperation and joint efforts of 31 government and academic entities, showcasing the digital solutions that have been developed to enhance the quality of life in the Abu Dhabi emirate,” Al Ketbi added.

The Abu Dhabi Government celebrates its tenth participation in GITEX Technology Week, one of the world’s largest annual consumer computer and electronics trade show, exhibition, and conference, highlighting its commitment to supporting innovation and adopting effective digital solutions to support the economic and investment environments in Abu Dhabi, while strengthening its position as a leader in governmental digital transformation.

It also seeks to offer a unique and innovative experience for the Pavilion’s visitors through a unified and innovative digital platform for all government entities by showcasing a series of projects and digital services across many sectors.

Dr. Mohamed Abdelhameed Al Askar, Director-General, Abu Dhabi Digital Authority, said: “We continuously support and promote the digital agenda of the Abu Dhabi Government by introducing initiatives and projects that serve its four pillars, which are; Government Services, Government Solutions, Data & Artificial Intelligence, and Ecosystem Enablement, enabling, supporting and delivering a digital government that is proactive, personalised, collaborative and secure.” “The Abu Dhabi Government, through its participation in GITEX Technology Week 2021, aims to enhance strategic public-private partnerships, explore new avenues for constructive cooperation, and leverage the potential and prospect of major technology companies that have the capacity and calibre to support Abu Dhabi’s digital agenda,” Al Askar continued.

The Abu Dhabi Government is also introducing the Virtual Pavilion experience, which allows visitors to make virtual visits to the Pavilion from anywhere in the world. This in addition to the Virtual Assistant feature, enabling users to interact with representatives from the participating entities and academic institutions and obtain details of events taking place at the Abu Dhabi Government Pavilion.

Throughout GITEX Technology Week 2021, the Abu Dhabi Government Pavilion will host a series of events, including the launch of innovative digital initiatives as well as the signing of agreements and MoUs to strengthen strategic public-private partnerships, facilitate the digital transformation