H.H. Sheikh Hamdan Launches ‘Dubai PropTech Hub’ to Position Dubai as a Global Real Estate Technology Leader

By Nazish Shah • Mon Jun 23 2025

In a major move to fast-track innovation and attract global investment, His Highness Sheikh Hamdan Bin Mohammed Bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of The Executive Council, has announced the launch of the Dubai PropTech Hub.

The initiative was unveiled during a meeting of the Higher Committee for Future Technology and Digital Economy, which Sheikh Hamdan also chairs. This strategic launch marks a significant milestone in Dubai’s journey toward becoming a global leader in digital real estate innovation, in alignment with the Dubai Economic Agenda D33 and the Dubai Real Estate Sector Strategy 2033.

The PropTech market in Dubai, currently valued at Dhs 2.2 billion, is set to more than double to exceed Dhs 4.5 billion within five years. The initiative also aims to attract over Dhs 1 billion in investments by 2030, support the growth of 200+ PropTech startups, and engage 20 dedicated investment funds.

The Hub will serve as a catalyst for innovation by providing:

• Advanced incubators and smart collaborative spaces
• Infrastructure for AI-based real estate models
• A platform for global partnerships, investors, and entrepreneurs

Sheikh Hamdan stated:

“Dubai has laid a strong foundation for a fully integrated digital economy. The Dubai PropTech Hub is a strategic step to further accelerate digital transformation across one of our most vital sectors — real estate.”
“This initiative will create an environment that empowers entrepreneurs and innovators, strengthens investor confidence, and enhances Dubai’s global competitiveness.”

The launch of the Dubai PropTech Hub coincides with significant progress on several other flagship initiatives aimed at strengthening Dubai’s digital economy.

Among them is the ‘5,000 Digital Talents’ program, which seeks to equip and place Emirati tech professionals in leading global technology companies, enhancing local talent competitiveness on the world stage.

Additionally, the city celebrated the success of Expand North Star, now recognized as the world’s largest event for startups and investors, solidifying Dubai’s role as a global startup and innovation hub.

Another key development is the rollout of the IGNITE platform, which connects entrepreneurs with a worldwide network of investors, mentors, corporations, and government entities — creating a robust and integrated ecosystem to accelerate business growth and innovation.

As cities worldwide embrace digital transformation, Dubai continues to lead by example, placing real estate at the center of its smart, tech-driven future.

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