Page 37 - Union Properties PR Report - December 2023

12/27/23, 2:28 PM Leading real estate professionals talk sustainability, AI, compliance at the World Realty Congress Summit | APN News
Leading real estate professionals talk sustainability,

AI, compliance at the World Realty Congress Summit

Published on December 26, 2023

Dubai, UAE: The World Realty Congress, a new comprehensive summit comprising the
reputable International Real Estate Community Management Summit, REM TIMES
Realty Confex, and CAM G10 summit, received an overwhelming response from the
industry on its grand debut at the Movenpick Grand Al Bustan, Dubai. Held from 12-15th
December, and sponsored by the like of LOAMS and Urbanise, the four-day World Realty
Congress included a host of deep-dive masterclasses, insightful seminars, and keynotes
from leading global real estate professionals on relevant subjects like the adoption of AI in
community management, life-cycle sustainability, and compliance with evolving
regulations.
IRECMS, back for its fourth edition, conducted masterclasses that pushed the bounds of
conventions by touching upon how real estate professionals can prioritize mental health,
manage their personal finances, and improve their soft skills. On the industry front, the
IRECMS Conference brought insightful and interesting perspectives on sustainability,
zero tolerance toward collapses, the management of luxury properties, the role of
community management in design, the use of AI in real estate management, and the
importance of governance and compliance. Supported by leading professional associations such as CAI, SCA, CAMICB,
and MEFMA, the World Realty Congress is in sync with the changing contours of compliance in real estate globally.

“We created the World Realty Congress to unite the entire real estate ecosystem, fostering learning, celebration, and
collaboration. It is not just about addressing issues but also embracing the essence of the industry, from celebrating
successes to exploring new frontiers. The overwhelming response to our inaugural edition solidifies our ambition to
make the World Realty Congress the world’s foremost real estate conference. Together, we will redefine the industry,”
noted Jatin Deepchandani, CEO of Plan3Media Event Management LLC, the organizer.

Exhibitors, including innovators at the intersection of real estate and emerging disciplines like climate tech, gathered in
good numbers, leveraging the opportunity to engage with professionals from sub-industries such as developers,
brokers, facility managers, community managers, and property consultants. Many exhibitors have confirmed their
attendance for the next edition in 2024, encouraged by the summit’s unique approach to multi stakeholder
participation.

REM TIMES Realty Confex added a nuanced dimension to the summit by delving deeper into sub-markets such as
affordable housing and luxury properties in the UAE. It underscored the importance of each such segment for the
holistic growth of the real estate industry and the larger economy. The FDI inflow into the branded housing segment
was among the key talking points. REM Times Realty Confex recognized and felicitated 12 key players, including Union
Properties, DAMAC Properties and Sobha Realty, for their continued valuable contributions to the regional real estate
industry.
IRECMS’ reputation for merit-based award culture was on full display at the Gala Night. The glitzy event saw 52
deserving winners across 26 real estate-centric categories walk away with the prestigious IRECMS Dubai Award 2023.
The rigorous award-selection process involved 28 global expert jury members who, over the course of a few months,
spent over 300 hours assessing 108 presentations on people-centric approaches, value creation, sustainability
outcomes, and innovative operations.
Dubai Community Management and Nakheel Community Management were among the big winners, taking the Gold
Award for the ‘Best Community Management Company of the Year’. As part of the summit, Nakheel Community
Management hosted an ‘International Community Tour’ for the global delegation, giving them the rare pleasure of
experiencing the behind-the-scenes management of the landmark Palm Jumeirah. The World Realty Congress is set to
return in 2024 with a promise of a bigger and better agenda and events.

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