Emirati students with DMCC executives
In line with its commitment towards promoting Dubai’s growth, the Dubai Multi Commodities Centre Authority (‘DMCC’), the licensing authority for the Jumeirah Lakes Towers (‘JLT’) free zone, invited Emirati students from the Future Young Realtors summer training programme to visit JLT, learn more about its significant growth, and have the unique opportunity to interact with key DMCC officials.
Organised by the Dubai Real Estate Regulatory Agency (‘RERA’), and Dubai Real Estate Institute (DREI), ‘Future Young Realtors’ aims to give Emirati students across higher educational institutions in Dubai the opportunity to learn more about Dubai’s real estate sector. During the event, DMCC officials gave the students an overview of DMCC’s history and achievements, highlighting key milestones, the challenges faced during the journey, and the steps that were taken that helped JLT become the free zone of choice for regional and international companies.
As part of the event, the students were given a private tour of the iconic Almas Tower, the tallest commercial tower in the Middle East, and home to DMCC, the Dubai Diamond Exchange and other leaders in the commodities industry.
Commenting on the visit, Ahmed Bin Sulayem, Executive Chairman, DMCC, said: “Talent really makes a difference in the capability of any business to be resilient in today’s challenging environment, and programmes like Future Young Realtors help create new leaders in one of the most significant sectors contributing to Dubai’s economic growth. DMCC is delighted to have hosted Dubai’s Future Young Realtors, which gave us the opportunity to introduce them to our thriving community that has attracted over 3,000 member companies and over 15,000 residents.”
Marwan Bin Ghalatia, CEO, RERA, said: “Future Young Realtors’ is a unique programme that is designed to encourage Emirati youth to explore the opportunities and possibilities Dubai’s real estate sector has to offer. DMCC and RERA share the same vision of empowering UAE nationals and developing real estate leaders. It will be a long term relation for the best of the industry and I would like to take this opportunity to thank the Dubai Multi Commodities Centre Authority for sharing their insight and experiences in the real estate sector with our trainees, and for providing them with a fascinating account of the growth they have witnessed in the past nine years.”
Ahmad Mohamed Bin Dakhan, an 18 year-old trainee from California State University said: “We are honoured to have had first-hand experience of JLT and DMCC, and to learn about how it has contributed to Dubai’s real estate sector and economy as a whole. We thank DMCC, RERA and DREI for organising this insightful experience, and for the opportunity to learn how our leaders realised their visions, and how to continue building our country for the generations to come.”
With 60 towers completed and six additional towers expected to be completed by year end, JLT is a growing community that is home to more than 15,000 residents and over 10,000 people who work in the free zone.