WORLD NEWS | Dubai Land Department launches ‘Real Estate Innovation Incubator’ program to attract emerging international companies

dubai [Abu Dhabi]May 11 (ANI/WAM): The Dubai Land Department (DLD), through its real estate development arm, has signed a partnership agreement with Xclusiverse Technologies to launch the ‘Real Estate Innovation Incubator 2023’ programme.

The aim of the program is to attract emerging global real estate innovation companies and to develop the capabilities and skills of individuals and local companies in the industry. This will enhance its digital systems and align it with Dubai’s economic agenda D33. The initiative also aims to facilitate the testing and commercialization of new innovative products and technologies in the emirate.

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Under the recently signed agreement between Dubai Land Department (DLD) and Xclusiverse Technologies, the parties aim to increase confidence in Dubai’s real estate sector by providing a unique investment environment, ensuring good governance of the real estate system and incubating controls. Real estate innovation.

The agreement includes the launch of the “Real Estate Innovation Incubator 2023” program through a virtual incubator platform, a business accelerator and a real estate technology company. This partnership not only increases customer satisfaction, but also enhances services for best results and contributes to the overall growth of the industry.

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The cooperation agreement involves cooperation in various fields, mainly by Xclusiverse Technology Company convening a top expert team to establish a virtual incubator. The virtual incubator will adhere to local and global best standards and practices while ensuring information security. The initiative will be launched from the emirate to the world, in line with DLD’s aim to contribute to Dubai’s economic agenda D33.

Majida Ali Rashid, CEO of DLD Real Estate Promotion Investment and Management Division, said: “The Dubai Land Department values ​​the importance of fostering collaboration between the public and private sectors to support Dubai’s economic agenda and position Dubai as a top economic hub in the world. We are committed to To realize DLD’s strategy of becoming a world leader in real estate investment, and to provide active services to enable the real estate community to test and market new technologies. Our goal is to make Dubai an important center for the incubation of real estate innovation in the real estate industry.”

She affirmed DLD’s commitment to further enhance the role of the real estate industry in the comprehensive development of the emirate by strengthening public-private and government-integrated partnerships, using technology to develop real estate products, and creating a world-class and attractive investment environment. These efforts are in line with the wise leadership’s goal of improving economic productivity through innovation and implementation of digital solutions.

DLD continually affirms its sustainable approach aimed at holistic development of the real estate sector, adopting international best practices and adapting them to the unique characteristics of the emirate’s real estate market, and positioning Dubai as a regional role model and globally. (ANI/WAM)

(This is an unedited and auto-generated story from a Syndicated News feed, the content body may not have been modified or edited by LatestLY staff)