Dubai Property Society (DPS), an association of professionals engaged in the real estate sector in Dubai, today highlighted the status of the global and local real estate market during its participation in an ‘invitation-only’ networking event during the eighth edition of Cityscape Dubai.
Titled ‘Industry Outlook and Challenges Ahead’, the networking luncheon was hosted by the Dubai Chamber of Commerce and Industry (DCCI) at the Al Massa Ballroom, The Monarch Hotel.
The event, which comes as part of DCCI’s drive to build upon its portfolio of networking events, included a panel discussion on current challenges and opportunities in the Dubai market.
Adel Lootah, Executive Director of Dubai Property Society, participated in the panel discussion as a keynote speaker and highlighted the projects and services planned by DPS. Lootah also offered an update on DPS’ recent activities for its members that particularly aimed to address the challenges thrown up by the current economic situation. In addition, he offered a general overview on the real estate and property market in 2008 and 2009.
Adel Lootah said: “Dubai Property Society combines a rich portfolio of industry experts as members. We are working towards joining forces with all industry players, including government and non-government institutions, in our ambition to increase our contribution to the economy of Dubai.”
Established in 2000, Dubai Property Society (DPS) was launched with a mission to energize business relationships through hosting networking events, informative lectures and awareness seminars on industry issues for the holistic benefit of each member of the society and the community at large.
With a membership base of over 300 real estate professionals, DPS provides access to a vast network of property owners, developers, managers, advisors, brokers, finance houses, banks, hotel owners and operators, insurance companies, IT and technology solution providers, as well as mall owners and operators.
Cityscape Dubai 2009 will be held from 5-8 October at the Dubai International Convention and Exhibition Centre. The event is set to attract over 80,000 trade visitors and industry professionals.