Dubai Real Estate Institute partners with Royal Institute of Technology in Sweden

The agreement was signed by Dr. Mohamed Abdullatif Al Shehi, Managing Director of DREI, and Professor Stellan Lundström, Head of the Department of Real Estate and Construction management, KTH. The signing ceremony was attended by Mr. Klas Ljungberg the Deputy Head of Mission at the Swedish Embassy in UAE and Dr. Hischam El Agamy, the Chairman of the DREI Advisory Board, in the presence of DREI board members.

The two institutions will jointly offer a certified graduate diploma programme in Real Estate Studies from the academic year 2007-2008. The partnership with KTH's Department of Real Estate will play a key role in strengthening the scientific practice in the region's real estate business.

Dr. Mohamed Al Shehi, Managing Director, DREI said:

"DREI is the first industry-focused institution in the Middle East to provide high quality programmes in real estate education, training and research. We are actively seeking strategic partnerships with leading global universities to provide students with an unparalleled opportunity to develop their entrepreneurial skills and professional competency. The partnership with KTH will place us at the forefront of real estate education in the region and will position our academic offering as one of the world's best."

Professor Stellan Lundström, Head of the Department of Real Estate and Construction management, KTH said: "We believe the accelerated growth in the GCC's property sector demands a higher level of in-depth industry knowledge. Our exclusive partnership with DREI will offer education programmes designed to meet this requirement.

"We are committed to integrating KTH's 40 years of Real Estate academic expertise and world class research with DREI's current offerings. We are confident this will ensure education of the highest global standard for those enrolled."
The graduate diploma in real estate will include courses in Introductory Economics and Quantitative Techniques, Real Estate Principles, Real Estate Investment Analysis, Real Estate Valuation and Real Estate Management and Market Analysis.

Senior faculty from the KTH's Real Estate Department as well as a Programme Director will be responsible for delivery and quality control of the DREI programmes. The programmes offered at DREI will also be evaluated using KTH's annual standard methodology to ensure quality of content, delivery and learning outcomes.

The students will be given full access to KTH's e-learning platform and digital library, which will facilitate interaction and support research projects. In addition, access to KTH latest research activities will be provided through DREI website.

During the signing ceremony, DREI's board of directors stressed their commitment to drive the institution's vision for excellence and global leadership. It comprises representatives from Dubai Holding's, Sama Dubai, Tatweer and Dubai Properties as well as Emaar, Emaar MGF and Dubai Islamic Bank.