Dubai PR Network, Online Press Release from Dubai and Middle East
 
Local News and Government
Filter PR by
  
DIEZ and “Dubai Land Department” Collaborate to Support Proptech Sector

Dubai, UAE: 03 February 2025 – The Dubai Integrated Economic Zones Authority (DIEZ) and the Dubai Land Department (DLD) partnered to support and enable the property technology (Proptech) sector. The collaboration aims to enhance research, development, and technological innovation, as well as ease of doing business in Dubai, and to contribute to the growth of emerging startups, small and medium and innovative enterprises in the sector.

This partnership aligns with the objectives of the Dubai Research, Development, and Innovation (RDI) Grant Initiative, launched by His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, Deputy Prime Minister, and Minister of Defence, in September 2024. Through one of the four priority sectors – Cognitive Cities – Dubai RDI will focus on Proptech, smart mobility, traffic management, and smart grids.

The memorandum of understanding was signed by His Excellency Dr. Mohammed Al Zarooni, Executive Chairman of Dubai Integrated Economic Zones Authority, and His Excellency Eng. Marwan Ahmed bin Ghalita, Director General of Dubai Land Department, at Dubai Silicon Oasis, the special economic zone for knowledge and innovation and a member of DIEZ.

An Integrated Environment for Tech Companies

His Excellency Dr. Mohammed Al Zarooni said: “DIEZ is committed to providing a conducive environment for start-ups, SMEs and innovative projects in various emerging technology sectors. Dubai is a global destination for entrepreneurs and innovators with promising tech-focused ideas. Through our collaboration with active entities to contribute to building a future-ready economy in Dubai, such as the partnership with Dubai Land Department, DIEZ aims to enhance the emirate’s global position in attracting technology entrepreneurs and SMEs and providing everything they need to support doubling the size of Dubai’s economy and making it one of the top three global cities by 2033, in line with the objectives of the Dubai Economic Agenda D33.”

For his part, His Excellency Eng. Marwan Ahmed bin Ghalita said: “Supporting startups and SMEs in the Proptech sector is crucial, in line with the directives of the wise leadership to enhance digital innovation and develop vital sectors in Dubai. Through this partnership with the Dubai Integrated Economic Zones Authority, we are committed to providing a conducive environment that encourages the adoption of modern technologies, such as artificial intelligence and blockchain, in the real estate sector, while facilitating the establishment of companies and providing the necessary support to expand their business, aligning with the Real Estate Evolution Space ‘REES’ initiative we previously launched as part of our efforts to achieve the objectives of the Dubai Economic Agenda (D33), positioning the emirate as a key hub for innovation. We aim to enhance Dubai’s position as a leading destination for real estate innovation, in line with the Dubai Real Estate Strategy 2033, particularly by establishing a comprehensive ecosystem based on modern technology and advanced digital solutions.'

Areas of Cooperation

The MoU stipulates several key areas of collaboration between DIEZ and DLD, including designing and implementing joint programs, particularly in real estate technology, where they will together launch programs that support the adoption of modern technologies within start-ups and encourage the use of the latest applications of artificial intelligence and real estate technology. The two parties will also prioritize start-ups and small and medium-sized enterprises.

As part of the collaboration, Dubai Integrated Economic Zones Authority will provide business licenses and visa assistance to companies and individuals, as well as flexible and equipped office spaces at the Dubai Technology Entrepreneur Campus, an initiative of Dubai Silicon Oasis, which is the largest technology co-working space of its kind in the Middle East and North Africa. In addition, DIEZ will provide administrative and legal support and hosting events and workshops.

DIEZ will also facilitate access to venture capital networks and investors, and provide support to promising companies, especially in the founding stages. This will be done through Oraseya Capital, the investment arm of DIEZ, which specializes in financing start-ups from the pre-seed stage up to the second round of financing (Series B investment phase).

For its part, the Dubai Land Department will collaborate in designing and implementing quality programs, providing facilities to encourage the use of technologies such as artificial intelligence and blockchain in real estate, as well as facilitating the process of establishing companies and accessing new markets. It will also propose interactive platforms and support resources, strengthen partnerships with educational and professional institutions to provide training and mentoring opportunities, and contribute to the development of mechanisms to facilitate access to capital.


Posted by : DubaiPRNetwork.com Editorial Team
Viewed 5449 times
PR Category : Local News and Government
Posted on : Saturday, August 2, 2025  12:00:00 AM UAE local time (GMT+4)
Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of DubaiPRNetwork.com.
Previous Story : Takeda successfully hosted the IBD Nexus Summit 2025 in the ...
Next Story : Strategic cooperation between Abu Dhabi Exports Office and S...
Email this article Print this article

Share this article with your friends and followers
NewsVine
 
 
Most Viewed Press Release posted in the last 7 days
Own Your Valentine's Look With Catrice: Flawless Brows & A Blush That Speaks Love [52607-Views]
SHEGLAM X Hello Kitty Returns for Valentine's Day with an Even Sweeter and Dreamier 2.0 Co... [52049-Views]
Host with Heart: REDTAG's Ramadan Home Collection Elevates Every Gathering [34735-Views]
Under the Patronage of Prince Khalid Al-Faisal, Governor of Makkah Region Experts from the... [33526-Views]
DoxAI to join UAE's Nextgen FDI Initiative to Drive AI-Powered Business Transformation [16994-Views]
Rybakina edges out jabeur in three-set classic at mubadala abu dhabi open [16863-Views]
Hafeet Rail Awards Three Strategic Contracts and Secures a Landmark Agreement to Advance O... [15309-Views]
Hotpack launches CEO Excellence Awards to recognise outstanding employee performance [14067-Views]
ADNOC distribution reports record EBITDA for FY2024 and accelerates operational growth [12390-Views]
Panasonic and Beamcast join forces to accelerate broadcast innovation in Qatar [11763-Views]
Emirates and Air Peace sign interline agreement, expanding travel choices to 13 cities in ... [9000-Views]
Zayed Sustainability Prize Opens Global Call for Transformative Solutions [8913-Views]
João Almeida battles towards podium as Volta Valenciana heats up [8881-Views]
Ajmal Perfumes Introduces The Untold Stories: A Landmark Collection of Five Exquisite Frag... [8245-Views]
Manchester City Abu Dhabi Cup returns as more than 2,500 young players from around the wor... [7909-Views]
Abu Dhabi Fund for Development strengthens global partnerships and sustainability at World... [7454-Views]
Emirates Skywards and ALL - Accor's Loyalty Programme elevate partnership, offering more r... [6847-Views]
IHG Hotels at Dubai Festival City Unveils Exclusive Culinary Delights, Staycation Packages... [6683-Views]
FaceFit Opens Up First Of Its Kind Studio for Face Fitness in Dubai [6248-Views]
Gargash Mercedes-Benz Service Center in Deira Embarks on a New Era of Excellence, Innovati... [5986-Views]
Clemenceau Medical Center Hospital Dubai Partners with Forevue Health Managed Care Network... [5826-Views]
UAE and Portugal explore ways to enhance cooperation in civil aviation, tourism, clean ene... [5826-Views]
João Almeida finishes runner-up at Volta Valenciana [5654-Views]
Pogačar and UAE Team Emirates-XRG Set Sights on Victory at Home Race [5617-Views]
Human Fraternity Ambassadors Gather to Discuss Peaceful Coexistence at the Zayed Award for... [5584-Views]
 
RSS Facebook Twitter LinkedDin DubaiPRNetwork.com on Instagram
 
Back to Section Home

Related Stories

 
Top Sections
 
Top Stories