To accelerate the progress of Dubai’s property technology sector, the Dubai Integrated Economic Zones Authority (DIEZ) and the Dubai Land Department (DLD) have announced a strategic partnership. This collaboration will boost research, development, and technological innovation in the realty industry while simultaneously enhancing the ease of doing business in Dubai.
The partnership aligns with the Dubai Economic Agenda (D33) and the Dubai Research, Development, and Innovation (RDI) Grant Initiative. Key focus areas include supporting —
- emerging startups
- SMEs
- innovative companies within the proptech ecosystem
This initiative comes at a time when Dubai’s proptech sector is burgeoning, with the number of companies nearly tripling over the past two years.
The collaboration will facilitate the integration of advanced technologies like AI and blockchain into realty operations, enhancing efficiency and transparency. By providing business licenses, visa services, office space, and access to venture capital, DIEZ and DLD are creating a supportive environment for proptech innovation.