Dubai has launched the region’s first PropTech Hub at DIFC Innovation Hub to support startups in property technology. Backed by major developers and Dubai Land Department, it aims to create 3,000 jobs, attract $300M investment by 2030, and make real estate smarter and more connected using AI and digital tools.
Dubai has launched its first-ever PropTech Hub at the DIFC Innovation Hub, aiming to bring advanced technology into the real estate world. The project is a partnership between the Dubai International Financial Centre (DIFC) and the Dubai Land Department (DLD). This new hub is the first of its kind in the Middle East and is expected to help grow property technology (PropTech) across the region.
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PropTech stands for “Property Technology.” It means using technology to improve the way real estate is bought, sold, rented, or managed. PropTech includes things like smart buildings, digital rental platforms, virtual tours, and AI tools that make real estate faster, easier, and more transparent.
The new Dubai PropTech Hub will support over 200 PropTech startups and growing companies (called scale-ups). It is expected to:
Startups joining the hub will get:
The hub is part of the DIFC Innovation Hub, already known as the largest fintech center in the Middle East, Africa, and South Asia. By building the PropTech Hub here, Dubai connects real estate innovation with finance, law, and smart city development—all in one place.
Essa Kazim, Governor of DIFC, said this project helps Dubai grow as a global leader in real estate technology. He called the new hub a “landmark initiative” that speeds up the use of technology in property markets.
This launch is also a natural part of Dubai Land Department’s Real Estate Evolution Space (REES) initiative. The REES program was designed to support innovation in real estate and attract new ideas. Omar Hamad BuShehab, Director General of DLD, said the new hub helps boost Dubai’s position in global real estate by using smarter and more connected tools.
The PropTech Hub brings together many different groups:
Several big names are already involved. Founding partners include:
This mix of partners will help create a strong ecosystem where ideas can grow and succeed.
With the support of all these partners, the PropTech Hub aims to:
The hub will focus on real solutions that can be used by residents, real estate companies, and investors from all over the world.
The launch of the Dubai PropTech Hub is another strong example of the city’s commitment to smart city growth and digital transformation. As the real estate market becomes more complex and competitive, using technology will help Dubai stay ahead.
By bringing together top developers, tech experts, and investors, the hub will help build a more modern, transparent, and connected real estate future.
