Page 26 - UP GENERAL REPORT - JULY 2025

7/4/25, 9:22 AM Dubai launches PropTech Hub, to support 200 firms, create 3,000 jobs
The Dubai PropTech Hub brings together all players in the real estate value chain, including developers, technology firms, regulators, and investors, in a
dedicated innovation district. It will offer:
Customised licensing options
Purpose-built workspaces
Advanced incubators
Venture-building support
Joint pilot programmes
Access to a regulated, innovation-friendly environment
The hub also includes programmes focused on early-stage start-ups and global PropTech trends.

Senior officials highlight impact

Essa Kazim, Governor of DIFC, said the hub will provide a world-class environment that supports real estate innovation and investment.
“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,” he
said.
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Omar Hamad BuShehab, Director General of the DLD, said the hub supports the goals of the Dubai Real Estate Sector Strategy 2033 and builds on the
DLD’s Real Estate Evolution Space (REES) initiative.

“By encouraging start-ups and providing advanced infrastructure and incubators, we are enhancing Dubai’s global competitiveness,” he added.

Industry-backed collaboration

The hub features a multi-stakeholder model, bringing together regulators, developers, and infrastructure providers. Founding partners include Binghatti,
Majid Al Futtaim, Sobha Realty, Union Properties, and Transguard, which are already participating in technology pilots focused on AI-powered smart
building and security applications.
According to DIFC, the Dubai PropTech Hub aims to make the emirate’s property market more accessible, transparent, and tech-enabled, attracting wider
participation from investors, residents, and global stakeholders.

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