Dubai Announces $1.2 Billion PropTech Hub to Drive Real Estate Innovation

Dubai exemplifies how visionary leadership and determined execution can redefine a city’s economic trajectory. In just a few decades, it has transformed from trading hub into a global powerhouse across various sectors.

As part of this broader vision, the establishment of the Dubai PropTech Hub represents an important move in advancing the city’s real estate sector through cutting-edge technology. Supported by an investment of AED 4.5 billion (US$1.2 billion), the initiative is set to more than double the size of Dubai’s PropTech market within five years. 

It forms a core element of the Dubai Economic Agenda D33 and the Real Estate Sector Strategy 2033 both aimed at positioning the emirate among the world’s top three economic hubs in the coming decade.

Beyond the headline figures, the Hub offers a comprehensive ecosystem designed to help emerging companies transform innovative ideas into viable commercial solutions. Equipped with advanced incubators, collaborative workspaces, and AI-enabled testing facilities, it will support entrepreneurs in developing digital platforms that improve property transactions, optimise asset management, and elevate the customer experience. 

By 2030, the Hub aims to attract over AED 1 billion in new PropTech investments, support more than 200 specialised companies, and engage at least 20 dedicated investment funds, ensuring sustained growth beyond the initial funding phase.

Sheikh Hamdan highlighted the important role of the Hub in advancing digital transformation within a core sector of Dubai’s economy. He emphasized that embracing technology is crucial for sustaining long-term competitiveness and that the effective integration of real estate, commerce, and industry with digital platforms is fundamental to ensuring continued and sustainable growth.

Looking Ahead

Through the PropTech Hub, Dubai is not simply following global trends but actively shaping the future of the industry. This initiative supports the city’s wider goal of integrating advanced technology across all key sectors, transforming real estate from a conventional physical market into a digitally empowered, globally competitive field. 

One Investments is dedicated to backing initiatives that strengthen Dubai’s position as a leading global destination. With a strategic focus on long-term capital appreciation, we help clients connect with properties that combine luxury with lasting value.