Dubai is launching a PropTech Hub to drive innovation in the real estate sector and more than double the value of the emirate's property technology market to over AED 4.5 billion in five years.
The move supports the Dubai Economic Agenda D33 and the Dubai Real Estate Sector Strategy 2033, both of which aim to position the city among the world’s top three economic destinations.
The announcement was made during a meeting of the Higher Committee for Future Technology and Digital Economy, chaired by His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and the UAE's Deputy Prime Minister and Defence Minister.
By 2030, the hub is expected to attract over AED 1 billion in investments, support more than 200 PropTech companies, and bring in 20 investment funds focused on real estate innovation.
Sheikh Hamdan emphasised that the initiative reflects Dubai’s continued efforts to build a flexible, future-ready digital economy, supported by strong infrastructure, legal frameworks and a thriving startup ecosystem.
The Dubai PropTech Hub will serve as a launchpad for entrepreneurs and investors, creating new opportunities in smart property solutions and helping to shape the future of real estate in the region.
Hamdan bin Mohammed chaired a meeting of the Committee for Future Technology and Digital Economy and issued directives to launch the Dubai PropTech Hub. This initiative aims to accelerate the growth of the PropTech market in the emirate, targeting more than a doubling of its… pic.twitter.com/aWmqElkxeS
— Dubai Media Office (@DXBMediaOffice) May 19, 2025
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