15 Kasım 2007 Perşembe

Dubai Real Estate Institute To Develop Programs With USC

One thing about real estate in Dubai is they do not do things halfway. When they build their buildings the results are world class. Now to increase the level of real estate education, the Dubai Real Estate Institute has joined forces with the noted School of Planning and Development at the University of Southern California.

USC’s school is considered one of the top institutes in the country for real estate and development education and this should help Dubai build their leaders of tomorrow and create and deeper pool of talent in the developing country.

Dubai Real Estate Institute, the region’s first academic institute for real estate studies, yesterday signed a memorandum of understanding with the School of Planning and Development at the University of Southern California in the US. They will work jointly to offer academic as well as executive education programmes and professional training in real estate to address pressing issues in the industry and offer cutting edge ideas and approaches. In addition, the cooperation will extend to cover important research initiatives in the region. via Gulfnews

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The real estate prices in Dubai are inexpensive compared to similar trading hubs such as London, New York, Tokyo and Hong Kong. For instance, these ‘global’ cities’ average office space prices are more than triple the price of Dubai. Even though prices for Dubai property are still cheaper, they are starting to catch up.
Although the rates are still low, the Palm, Jumeirah villas have doubled. These villas will not even be completed for two years and they are in such high demand.