Abu Dhabi to host Urban Development Centre

Dubai: Abu Dhabi will be the site of an Urban Development Centre within three years with the Urban Land Institute (ULI) - the international, non-profit research and educational organisation that caters to professionals in real estate development - to establish a real estate education facility.

The Urban Development Centre and ULI's Centre For Real Estate Education will be located in the new headquarters of the Tour-ism Development and Investment Company (TDIC) being built adjacent to Maqta Bridge - the gateway to Abu Dhabi city.

"The creation of the Urban Development Centre is a solid commitment by TDIC to furthering best-of-breed practices throughout the Middle East's evolving real estate industry," said Shaikh Sultan Bin Tahnoon Al Nahyan, Chairman of TDIC and patron of ULI's Middle East District Council.

The new TDIC headquarters is scheduled for completion in the second half of 2009 and the Urban Development Centre will be operated by TDIC's client services division.