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Monday, November 23 - 2009

Emaar hosts US-based Community Associations Institute delegates at Dubai Community Manager Forum

  • United Arab Emirates: Saturday, October 25 - 2008 at 10:59
  • PRESS RELEASE

Emaar Properties hosted the first Dubai Community Managers Forum, an initiative aimed at strengthening the professional management of homeowner associations in line with the recent regulations outlined by the Dubai Real Estate Regulatory Agency (RERA), Dubai Land Department and other governmental authorities.

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  • (L-R): Thomas M. Skiba, CEO, Community Associations Institute; Ahmad Al Matrooshi, UAE Managing Director, Emaar Properties, Robert A. Felix, President, Consolidated Community Services LLC; Eng. Marwan Ahmed Bin Ghalita, CEO, RERA and Jeevan J D'Mello, Director, Emaar Community Management gathered at the Dubai Community Manager Forum hosted by Emaar.
    (L-R): Thomas M. Skiba, CEO, Community Associations Institute; Ahmad Al Matrooshi, UAE Managing Director, Emaar Properties, Robert A. Felix, President, Consolidated Community Services LLC; Eng. Marwan Ahmed Bin Ghalita, CEO, RERA and Jeevan J D'Mello, Director, Emaar Community Management gathered at the Dubai Community Manager Forum hosted by Emaar.
A visiting delegation of the Community Associations Institute (CAI), a US-based national institute working to foster harmonious homeowner associations, addressed the Dubai Community Forum recently, at The Palace, The Old Town. The Forum was attended by community and strata managers and consultants from leading property developers and community management companies in Dubai.

Mr Ahmad Al Falasi, Executive Director - Property Management, Emaar Properties, said:
"The Community Associations Institute in the US is one of the foremost organisations in the world that has laid out best practices in community management and homeowner associations. The senior management of CAI shared their experiences with Dubai's community managers and, highlighted the need for professional education to ensure the Dubai Freehold communities are managed according to international best practices."


He added: "Dubai is now leading the region in setting industry benchmarks in community management. The policies outlined by RERA, Dubai Land Department and other government authorities regarding freehold and jointly owned properties have encouraged greater degree of transparency and accountability in the real estate market. This forum, which was also attended by senior managers from RERA, helped community managers to understand the challenges involved, share best practices, facilitate dialogue and encourage the development of Dubai's professional community management community."


Mr Jeevan J D'Mello, Director- Emaar Community Management, said: "Emaar is the first company in the Middle East to have its whole community management team trained by the top training faculty of CAI. The Dubai Community Manager Forum served as a platform for us to exchange our learning with other community managers in Dubai and thus further strengthen the guidelines for robust community relations."

The Community Associations Institute is the only national organisation in the US dedicated to strengthening homeowner associations. For more than 35 years, CAI has been the leader in providing education and resources to both the volunteer homeowners who govern community associations and the professional community managers who support them.

In line with the new governmental regulations, leading property developers in Dubai have created community management departments. As the pioneer in freehold properties in Dubai, Emaar Community Management has been instrumental in rolling out several initiatives that bring together community members.
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About Emaar Properties PJSC:

Emaar Properties PJSC is one of the world's largest real estate companies and is rapidly evolving to become a global provider of premier lifestyles. Powered by its Vision 2010 to become one of the most valuable companies in the world, Emaar is charting a new course of growth with a two-pronged strategy of geographical expansion and business segmentation. Emaar has been assigned A- and A3 ratings with stable outlook by Standard & Poor's and Moody's Investor Services, respectively.

Replicating its successful business model in Dubai, Emaar is extending its expertise in creating master-planned communities to international markets. Emaar is also developing new competencies in malls, hospitality & leisure, education, healthcare and finance, which have evolved from its integrated approach to customer service and property development.

Listed on the Dubai Financial Market, part of the Dow Jones Arabia Titans Index and certified to ISO9001:2000 for quality standards, Emaar is developing Burj Dubai, the world's tallest building and free-standing structure, and The Dubai Mall, one of the world's largest shopping and entertainment destinations. In Saudi Arabia, Emaar is developing King Abdullah Economic City, the region's largest private sector-led project. Emaar's portfolio currently covers the following countries: the UAE, Saudi Arabia, Jordan, Syria, Lebanon, Morocco, Egypt, Turkey, Libya, Algeria, India, Pakistan, China, Indonesia, the US, the UK, France and Canada.

An award-winning developer, Emaar has strengthened its product sale competencies, market reach and best practices through strategic acquisitions and joint ventures. Emaar acquired John Laing Homes, America's second largest privately held home builder; Hamptons International, UK's premier realtor; and formed a joint venture with US-based Turner International to strengthen execution capabilities.

Emaar has joined hands with Giorgio Armani and Accor Hotels to strengthen its presence in hospitality, and will launch ten luxury Armani Hotels & Resorts world-wide and 100 Formule 1 budget hotels in India. The company is opening educational institutions and healthcare centres in South Asia, Middle East and North Africa and the Subcontinent. Emaar acquired Singapore-based leading education provider, Raffles Campus, to extend expertise to its educational institutions.

Emaar holds 30% equity in Dubai Bank, focused on retail and commercial banking. Emaar is also the largest shareholder in Amlak Finance, UAE's leading Islamic home financing company.

For more information, please contact:

Kelly Home / Nivine William
ASDA'A BURSON-MARSTELLER
Dubai, UAE
Tel: (+971 4) 334 4550

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