Dubai launches PropTech Hub, to support 200 firms, create 3,000 jobs

New realty hub to attract $300 million in investment, fast-track innovation in real estate

Last updated:
Justin Varghese, Your Money Editor
2 MIN READ
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.
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.
AFP

Dubai: The Dubai International Financial Centre (DIFC) Innovation Hub and the Dubai Land Department (DLD) have jointly launched the Dubai PropTech Hub, the first initiative of its kind in the region dedicated to real estate technology.

Located within the DIFC Innovation Hub, the new platform aims to support over 200 PropTech start-ups and scale-ups, generate more than 3,000 jobs, and attract over $300 million in investment by 2030.

Tech-led real estate ecosystem

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.

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.

Justin Varghese
Justin VargheseYour Money Editor
Justin is a personal finance author and seasoned business journalist with over a decade of experience. He makes it his mission to break down complex financial topics and make them clear, relatable, and relevant—helping everyday readers navigate today’s economy with confidence. Before returning to his Middle Eastern roots, where he was born and raised, Justin worked as a Business Correspondent at Reuters, reporting on equities and economic trends across both the Middle East and Asia-Pacific regions.

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