Dubai launches a real estate technology center

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Innovation Hub at the Dubai International Financial Centre, in collaboration with the Dubai Land Department, has launched the Dubai Property Technology Centre.

Innovation Hub launched at Dubai International Financial Centre and the Department of Landsand properties In Dubai Dubai Real Estate Technology Centre“ It is the first of its kind in the region. Under the direction of From Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, Deputy Prime Minister, Minister of Defense, Chairman of the Dubai Executive Council, and Chairman of the Higher Committee for Future Technology and Digital Economy.

Innovation Hub launched at Dubai International Financial Centre and the Department of Landsand properties In DubaiDubai Real Estate Technology Centre“ It is the first of its kind in the region. Under the direction ofFrom Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, Deputy Prime Minister, Minister of Defense, Chairman of the Dubai Executive Council, and Chairman of the Higher Committee for Future Technology and Digital Economy.

The center aims to become an incubator for innovation in the real estate sector, supporting more than 200 startups, creating 3,000 job opportunities, and attracting investments exceeding $300 million by 2030. The center provides an integrated environment for startups and developers, including workspaces, support programs, and business incubators, and aims to foster collaboration among various stakeholders to reshape the future of real estate using technology. This center directly contributes to strengthening Dubai’s position as a global hub for real estate innovation and supports the emirate’s economic and strategic goals.

What are the objectives of the first Prop Tech innovation center in the Middle East, Africa and South Asia region?

  • Supporting more than 200 emerging and established real estate technology companies.      
  •  Providing more than 3,000 job opportunities.       
  • Attracting investments exceeding $300 million by 2030.     
  •  Promoting innovation and collaboration in the real estate sector.   

Services provided

The center offers licensing options, workspaces, and comprehensive support programs to accelerate innovation from idea to commercialization. It also provides access to advanced business incubators, practical project building opportunities, and collaborative pilot programs.

Support and empowerment

The center will provide incubators for early-stage startups, facilitate regulatory alignment for emerging technologies, and foster thought leadership.

strategic influence

The centre aims to consolidate Dubai’s position as a global hub for leading real estate innovation and contributes to achieving the objectives of the Dubai Economic Agenda (D33) and the Dubai Real Estate Strategy 2033.    

Collaboration model

The center features a multi-stakeholder collaboration model that brings together regulators, developers, technology companies, investors, and service providers under one roof. Founding Partners

It includes global partners such as Binghatti, Majid Al Futtaim, Shobha Real Estate, and Union Properties, in addition to infrastructure service providers such as Transguard.     

Future vision

Through this center, the Dubai International Financial Centre aims to provide a real estate market characterized by ease, transparency, and technological empowerment for investors, residents, and stakeholders around the world.

 

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