Dubai, UAE – The Dubai Real Estate Technology Centre, an initiative of the Dubai International Financial Centre, in partnership with the Dubai Land Department, announced the release of a new report entitled “Real Estate Technology 2033”.
18 strategic agendas
The report analyzed 18 strategic agendas at the UAE and UN levels to outline the next phase of real estate technology growth in Dubai.
Including the Dubai Economic Agenda (D33), the Dubai Real Estate Strategy 2033, and the Dubai Urban Plan 2040.
The analysis, which also took into account social, environmental and economic sustainability, showed that there are 833 existing global business models in real estate technology, focusing on enhancing the quality of life and supporting economic growth in the real estate sector.
He pointed out that only two of the identified business models represent a value exceeding AED 53 billion annually for Dubai’s economy.
The “Real Estate Technology 2033” report indicates a structural transformation in the global urban environment.
Real estate technology is no longer limited to tools and digitization, but is moving towards an integrated urban infrastructure at the systems level, supported by artificial intelligence.
It combines planning, operations, sustainability and human experience, redefining how value is created in the real estate sector.
Dubai.. Unique features
The report highlights that Dubai has unique capabilities that qualify it to lead this new era of urban innovation.
This is supported by clear strategic agendas, regulatory flexibility provided by the Dubai International Financial Centre, and a legacy of climate adaptation in the emirate.
In addition to a forward-looking approach to technological innovation, and a global economic vision aimed at consolidating its position among the world’s top four financial centers.
“Global Launchpad”
Based on the research results, the Dubai Real Estate Technology Centre has opened applications for its first programme, the Global Launchpad.
Which supports the best international real estate technology companies in the expansion phase to enter the markets of Dubai, the Middle East, Africa and South Asia, benefiting from a world-class network of mentors and specialized experts.
Including major real estate developers and operators: Bin Ghati, Majid Al Futtaim, Al Ittihad Real Estate, Shuba Real Estate, and Transgard Group.
This comes in addition to the Dubai Real Estate Technology Centre’s ongoing efforts to embrace and empower Dubai’s growing local real estate technology ecosystem, such as the PropTech Elevate programme.
Dubai Real Estate Technology Centre
The Dubai Real Estate Technology Centre is located within the Innovation Hub in the Dubai International Financial Centre.
He currently tracks 231 UAE-based real estate technology companies, with a strong base in listing, investment and marketing.
The center provides an integrated environment for testing advanced real estate technology solutions, expanding their scope, and exporting them globally and locally.
Especially those compatible with climate resilience, luxury and a new generation of mobility.
Dubai’s ambitions in the field of real estate technology converge with the new expansion project “Zabeel District” – the Dubai International Financial Centre.
Which includes allocating more than one million square feet to the largest innovation center and artificial intelligence complex in the world.
