new real estate database strengthens urban planning foundations
Last Updated : GMT 08:21:16
Arab Today, arab today
Arab Today, arab today

New real estate database strengthens urban planning foundations

Arab Today, arab today

Arab Today, arab today New real estate database strengthens urban planning foundations

Abu Dhabi real states
Abu Dhabi - WAM

Abu Dhabi's urban planners are undertaking the next phase of its data collection and information sharing strategy by creating a cutting-edge database of the capital's real estate developments in a bid to further enhance future land management.

At a charter signing ceremony yesterday, the Abu Dhabi Urban Planning Council, UPC, received formal commitments from 19 leading land developers to provide an even greater level of detail on their completed and ongoing projects, which builds on the existing data sharing agreements resulting from the strong working relationships the UPC has built with the emirate's many developers over the past eight years.

The information will enable the UPC to build and oversee a comprehensive Real Estate Data Management database on Abu Dhabi's commercial, retail, hospitality and residential supply and demand. This real-time information will be used to reconfirm the land use projections in the UPC's plans, along with the many research reports that the UPC has been working on, to fine-tune the existing supply and demand data currently utilised.

From it, they will be able to compile more detailed land use reports and projections, and provide frequent data updates to decision makers on the status of Abu Dhabi's real estate sector to hone Abu Dhabi's journey towards Vision 2030.

"This is a key milestone for the Abu Dhabi real estate sector. The new database builds on the strong foundations for data collection already in place by deepening the level of data shared and the frequency of collection. Seeing 19 of the emirate's key developers work together is indicative that the real estate community understands the mutual benefit of collaboration," said Falah Al Ahbabi, Director General, UPC.

"Working with our partners in the real estate sector, the database will combine every aspect of development in the emirate, shops, restaurants, hotels, apartments, villas, factories and more into one central data source," he added.

At the signing ceremony at the Rosewood Hotel Abu Dhabi, real estate heavyweights including Aldar Properties, Mubadala Real Estate and Infrastructure, Al Qudra Holding, Masdar and National Investment Corporation signed a formal charter with the UPC agreeing to share more detailed and wide-ranging information on their portfolios.

In a typical example, a real estate company will list the basic details of a project, including its land area uses, start and completion date, construction status, land area and cost. More detailed information will then be required on how exactly the project is divided up between various uses, be they commercial, residential, retail or others.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

new real estate database strengthens urban planning foundations new real estate database strengthens urban planning foundations

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

new real estate database strengthens urban planning foundations new real estate database strengthens urban planning foundations

 



Arab Today, arab today
Arab Today, arab today Jordanian woman reveals her project

GMT 00:46 2017 Saturday ,11 November

Jordanian woman reveals her project
Arab Today, arab today Japanese regulators raid Airbnb

GMT 00:44 2017 Monday ,20 November

Japanese regulators raid Airbnb
Arab Today, arab today Keep kids busy at Thanksgiving gatherings

GMT 11:14 2017 Friday ,10 November

Keep kids busy at Thanksgiving gatherings
Arab Today, arab today Saudi, Bahrain target Iran

GMT 00:48 2017 Monday ,20 November

Saudi, Bahrain target Iran
Arab Today, arab today Missouri problem mirrors woes

GMT 06:46 2017 Tuesday ,21 November

Missouri problem mirrors woes
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Australian academic's book pulled

GMT 15:20 2017 Monday ,13 November

Australian academic's book pulled
Arab Today, arab today May under Brexit pressure at EU reform summit

GMT 02:14 2017 Saturday ,18 November

May under Brexit pressure at EU reform summit
Arab Today, arab today Delhi half-marathon to go ahead

GMT 03:51 2017 Saturday ,18 November

Delhi half-marathon to go ahead
Arab Today, arab today The history of solar eclipses

GMT 05:16 2017 Sunday ,20 August

The history of solar eclipses
Arab Today, arab today VW says will invest over 34bn euros

GMT 07:19 2017 Tuesday ,21 November

VW says will invest over 34bn euros
Arab Today, arab today Driverless, electric future just round

GMT 02:45 2017 Monday ,20 November

Driverless, electric future just round
Arab Today, arab today Fedra happy for “Between Two Worlds” success

GMT 09:23 2017 Saturday ,18 November

Fedra happy for “Between Two Worlds” success
Arab Today, arab today paObama climate envoy slams Trump's rejection

GMT 16:04 2017 Friday ,17 November

paObama climate envoy slams Trump's rejection

GMT 12:15 2017 Friday ,17 November

Mona Abdel Ghany increased artistic activities

GMT 11:15 2017 Thursday ,16 November

Angola oil boss sacked by father's protege

GMT 18:41 2017 Friday ,20 October

Designer Aql Faqih aspires to innovation

GMT 11:38 2017 Wednesday ,15 November

Unloved vultures fight for their survival

GMT 11:49 2017 Thursday ,17 August

Egyptian artist presents new collection of designs

GMT 02:28 2017 Saturday ,18 November

Anti-drug operation nets 4 tonnes

GMT 01:34 2017 Friday ,17 November

Banyan Tree Phuket Takes Festive Season

GMT 17:12 2017 Monday ,07 August

Al-Shawaifi reveals secrets of total solar eclipse

GMT 16:53 2017 Tuesday ,05 September

Youssra depended on colored foam
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday