Dubai Real Estate Institute (DREI), the first and leading comprehensive institute for real estate education in the Middle East offering high quality programmes, has launched a new course on ‘Implementing Dubai Strata Law’.

This course provides participants with an in-depth understanding of the law’s key clauses, specifically on Shared Property Management, said a DREI official.

The four-day course will be held from January 26 to 29 at the DREI campus.

An internationally renowned legal and management expert in Strata Development, construction and management, will deliver the course content. He has been extensively involoved in the drafting of the Dubai Strata Law which governs the division of communal areas such as gardens, pools, gyms and other facilities within property developments.

The course assumes additional significance with the Dubai Strata Law expected to be issued in the first quarter of this year. In addition to providing stability to the real estate sector, the law will also assist companies gain competitive supremacy by creating unparalleled customer value.

“DREI is committed to following latest trends in the regulatory environment, while providing contextual professional development solutions. This proactive approach is part of DREI’s pioneering strategy to facilitate industry professionals obtain key capabilities to meet customer requirements in a fast changing, dynamic environment,” said managing director of DREI Dr Salem Al Shafiei.

With an intention to develop next generation leaders competent to guide and shape the real estate business, DREI has paid meticulous attention to the programme’s course content and educational details.

The curriculum will include an overview of Dubai Strata Titles and Community schemes systems; the Strata Law, boundaries, and common property; the relationship between owners association and master developer; essentials of fund management for shared properties; by-laws, committee, resolutions, meetings and minutes; relationship with managing agents and brokers, facilitating managers and master developers;  and processes  for disputes, insurance, accounting, levies, budgets, collections, record keeping and account ledgers.

Participants will be awarded DREI certificates upon successful completion of the programme.

DREI’s executive education programmes are held at the DREI campus in Dubai Healthcare City, Building 53, 7th floor. For further information, contact DREI by email on admission@drei.ae or call +9714 426 7777 or fax +9714 426 7776. – TradeArabia News Service