Page 24 - UP GENERAL REPORT - JULY 2025

Hub and provide a world-class, financial and regulatory environment that supports real estate
innovation. Laying the foundation for attracting more talent, this landmark initiative fast-tracks the
expansion of the PropTech market in Dubai and positions the emirate as a global leader in real
estate innovation. Furthermore, this initiative will build renewed momentum for investment,
aligning with the Dubai Economic Agenda D33 and the Dubai Real Estate Sector Strategy 2033.”
His Excellency Omar Hamad BuShehab, Director General of the Dubai Land Department, affirmed
that this represents a pivotal step in achieving the objectives of the Dubai Real Estate Sector
Strategy 2033 and further strengthening real estate excellence in the emirate. He said: “This hub is a
natural extension of the Real Estate Evolution Space Initiative - ‘REES’ launched by DLD to support
the innovation ecosystem and anticipate the future of the sector by harnessing technology and
artificial intelligence. By encouraging start-ups and providing advanced infrastructure and
incubators, we are enhancing Dubai’s global competitiveness and offering a smarter, more
connected approach to real estate investment and development.”
One of the key differentiators of the Dubai PropTech Hub is its multi-stakeholder collaboration
model, bringing together regulators, developers, technology companies, investors, and service
providers under one roof. Founding partners include world-class developers such as Binghatti,
Majid Al Futtaim, Sobha Realty, Union Properties, and critical infrastructure providers
like Transguard, who are already exploring AI-powered smart building and security applications via
DIFC Innovation Hub-led pilots.
Through the Dubai PropTech Hub, DIFC aims to provide investors, residents, and global
stakeholders a more accessible, transparent, and tech-enabled property market.

https://mediaoffice.ae/en/news/2025/july/03-07/difc-and-dld-unveil-dubai-proptech-hub