Dubai Land Department launches ‘Real Estate Innovation Incubator’ initiative to attract emerging international companies

Dubai Land Department launches ‘Real Estate Innovation Incubator’ initiative to attract emerging international companies

- The project aims to attract emerging global companies in real estate innovation and build the capacities and skills of individuals and local companies in the sector.

- Enhancing confidence in Dubai’s real estate sector by providing a distinctive investment environment, good governance of the real estate system, and incubating controls for real estate innovation

- Majida Ali Rashid: “We seek to create a roadmap for sustainable development in the sector. This project will be an important step in making Dubai a hub for incubating innovations.

Dubai, United Arab Emirates: Dubai Land Department (DLD), through the Real Estate Development Sector, has signed a cooperation agreement with Xclusiverse Technology Company to launch the “Real Estate Innovation Incubator 2023” initiative. The aim of this initiative is to attract emerging global companies in real estate innovation, and build the capabilities and skills of individuals and local companies in the sector. This will enhance its digital system and align it with the Dubai Economic Agenda D33. The initiative is also aimed at enabling the testing and commercialisation of new and innovative products and technologies in the Emirate.

According to the recently signed agreement between Dubai Land Department (DLD) and Xclusiverse Technology Company, the two parties aim to enhance