The first program of the International Property Awards (IPA), developed specifically for the Dubai property market, is launched in 2018.
The International Property Awards Dubai (IPAD) will be presented in various categories related to the real estate sector, from architecture and interior design to compliance with the principles of environmental construction.
The representative of DLD declared that the cooperation with IPA in the developing the real estate sector will stimulate the best innovative solutions of its participants. Dubai real estate market remains the world leader in terms of quality.
The participants will be able to compete locally, regionally and internationally, and this will allow to promote real estate projects of Dubai around the world. This will also help attract investors who are looking for great opportunities in a stable market with guaranteed return on investment in addition to the unique characteristics of Dubai, making the emirate one of the leading destinations for investment.
The agreement was signed just two years before the start of Expo 2020, where Dubai will showcase its outstanding projects, excellent design and energy efficiency. IPAD laureates will be evaluated at international or 5-star levels. Winners in the second category will continue to compete at the regional level and will also be able to take part in the international standings, the results of which will be announced in London at the end of 2018.
Cooperation with DLD marks a new stage in the development of the IPA program. This will allow more participants from Dubai to compete for international awards.
The professionals in the field of housing and commercial real estate from around the world have a chance to participate in the IPA. Only the best in architecture, interior design and real estate construction will become the winners.
An independent jury will consist of more than 80 industry experts and headed by four lords from the UK. The winners of the international category are annually announced in December at the Savoy Hotel in London.