Dubai Property Group and Dubai Municipality's Statistics Center forge strategic alliance

DPG, being the largest real estate association in Dubai, will act as the knowledge hub where the ideas and requirements emanating from its members will be channeled and matched with the statistical database at the Statistics Center.

The announcement was made at DPG's monthly networking event which hosted Arif Obaid Al-Muhairi Director of Statistics Center, who presented the latest real estate statistical trends for the past period. The session was also utilized by the Statistics Center to gain feedback from the real estate community in terms of the statistics required to support decision makers and investors evaluate the market.

"Our decision to enter into this strategic alliance with DPG was based on the fact that real estate in the Emirate of Dubai has become a huge economic force, attracting investment from all around the world. This means that business people and investors in the real estate sector need more detailed information presented to them in a specific manner," said Al-Muhairi.

"With DPG's prestigious member list and its ability to reach regional and international investors, this alliance will surely add value and assist in attracting local, regional and international real estate investment."

The Statistics Center is the official source responsible for providing statistical data in the Emirate of Dubai, as stipulated in Law No. (7) of the year 2001. The Statistics Center undertakes statistical activities, carrying out the general census of population, and the count of housing and establishments. The Statistics Centre conducts economic and social statistical surveys and publishes statistical books and bulletins, for the Emirate of Dubai as a whole.

"We look forward to working with the Statistics Center to provide real estate investors with accurate and timely information for them to be able to make better investment decisions in Dubai,"

said Adel Lootah, Executive Director of Dubai Property Group.

"One of our main missions at DPG is to assist our members, through our monthly networking events and the constant cumulative feedback we receive from them, to do business better. This alliance with the Statistics Center will enable us to do so."

Independent of favor or influence, DPG represents the combined interests of Dubai's real estate community. The Group's 71 members include some of the highest profile real estate players in Dubai, such as the Dubai Development Board, Cluttons chartered surveyors and property consultants, Arenco Real Estate, Union Properties PJSC, Better Homes LLC and facilities management firm Asteco Property Management LLC.